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Estonia's Aging Population

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Kayla M

on 5 November 2013

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Transcript of Estonia's Aging Population

Estonia
Issue: Aging Population

Estonia's Aging Population
Policy
Help Estonia's Aging Population
By: Parliamentarian Juan Bedoya. A proud member of the European Parliament
The European Union
->The European Union is an economic and political partnership between 28 European countries that together cover a large part of the European continent.- The last country to join was Croatia in 2013.
-> 17 of the EU's 28 members belong to the Euro zone, meaning they use the same currency: the Euro
-> The Eurozone debt crisis began in 2009-2010 when Greece fell into a debt crisis. Throughout the last years Greece has affected other EU members, especially Spain. Examples: Poses risk to the European banking system, slowed economic growth, and unemployment.
-> Population in Estonia is shrinking, and it's been shrinking throughout the years. This is due to two factors: Aging population and lack of immigration (Infact there are large numbers of emigrants).
-> Due to low birth rates after 1990, the proportion of the population 0-14 years of age dropped to 15% in 2010, while the proportion of 65 years or older gradually increased to 17% in 2010.
-> With a low birth rate and a higher death rate, this gives Estonia a negative population growth rate.
-> Low fertily rate 1.52 in 2012
->Unemployment currently in the Eurozone is at a record high of 12.2 percent.--
The EU Cont...
-> Inflation has been at its lowest for the past 4 years
-> The longer the unemployment rate remains this high, the harder it will be for political leaders to contain discontent and push through changes in labor regulations and other rules that are needed for the region to grow more strongly.
-> The European car industry (major source of jobs) recovered from its worst sales in two decades.
-> Spain finally got out of a recession that lasted two years due to Greece.
-> For the 28 countries in the EU that are not in the Euro zone like Romania and Britain, the unemployment was unchanged.
A Legislation that can be passed by the European Parliament is:
The Government should introduce tax breaks for families with 3 or more children. This will be done to increase the population growth rate. Another specific detail within the legislation will focus on persuasion to attract people into Estonia, thus increasing immigration into Estonia from more-developed countries, having a long term affect on the population.
For the people
Full transcript