Working Ratio dynamics in subregions of Europe during the period 1950-2100

<p>DESCRIPTION: The figure shows the dynamics of Working Ratio (the ratio of working-age to non-working-age population, working-age population is defined as 15-64) in the four EuroVoc (official subdivision for EU) subregions of Europe. United Nations' World Population Prospects 2015 Revision population structure data are used: estimates for 1950-2015 and medium scenario projections for 2015-2100. </p> <p>NOTE: Within each subregion, data for countries are weighted by the number of NUTS-2 regions in countries (for compatibility with other results in the paper).</p> <p>COMMENT:It is clear, that the regions of Eastern Europe fully appreciated the benefits of demographic dividend only after the fall of the Eastern Bloc in 1990, when fertility dropped dramatically. In the rest of Europe, the demographic dividend started to wear off much earlier, in many countries, even before the start of the Cohesion Program. The relative advantage of East-European regions in aging was prominent within the study period, but it will almost disappear in the coming years.</p> <p>