Class: Fall 2008 Munich
Demographic change has become a recent buzzword for the ongoing and upcoming challenges of a society that is increasingly changing in terms of its social integrity. Besides changes with respect to migration, population aging will become a dominant factor in demographic change. According to DeStatis and Eurostat the mean-age in Europe is expected to grow from age 39 in 2007 to 43 in 2020 with a fertile rate that is already below replacement levels in many EU member states, i.e. the population and especially the share of young people is shrinking.