Economic risks of unfavourable demographic development of the Czech Republic

The aim of the thesis is to analyse the forecasts of unfavourable demographic development - the ageing of the population of the Czech Republic and the impact of these demographic changes. With the ageing of the population, the growth of public expenditure, especially the expenditure on old-age pensions and health care, is gaining importance. The paper discusses the possible impacts of population ageing, the sustainability of the existing old-age security system and the economic aspects of the negative impacts of population ageing