ECONOMIC ACTIVITY OF THE ELDERLY PEOPLE IN RUSSIA: FOLLOWING THE GLOBAL TREND?

The article addresses the dynamics of the economic activity of elderly people in Russia in the context of global trends on the basis of data from the Federal State Statistics Service, the International Labour Organization, the International Monetary Fund and several national statistical offices. The problem of ageing population, typical for almost all countries, including Russia, in the coming decades will be a major challenge to their economic growth. The research demonstrates that the aging of the workforce in Russia is as a result of the aging of the population and the increase in the level of economic activity of the elderly people. As the author notes, a similar trend is observed in many developed countries. However in the developing countries the economic activity of the elderly has been decreasing in the last decades. Aging of the workforce in the Russian Federation, along with its reduction, while maintaining the total population, raises the question of sustainability of the pension system. The author considers the people of retirement age as a provision to increase employment and to mitigate the negative effects of the population aging. Based on the study of the dynamics of economic activity of the elderly people in Russia in 1995 -2012, their contribution to the overall aging of the labor force in the period of time under review is estimated. A comparative analysis of the influence the level of economic development has on the dynamics of the economic activity of elderly people in the developed and developing countries has allowed the author to predict the direction and extent of the most likely changes in the economic activity of elderly people in Russia up to 2030.

статистика занятости, демографическая статистика, эконометрический анализ, старение населения, пенсионное поведение, экономическая активность людей пожилого возраста, employment statistics, demographic statistics, econometric analysis, population aging, pension behavior, economic activity of the elderly people

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