The fifth academic workshop within the series of events under the topic “Active Ageing Policy and Pension Reforms: Russian and International Experience”

16+

*recommended age

Event ended

The Institute for Social Policy at the National Research University Higher School of Economics will held the fifth academic workshop devoted to the role of aging in transformation of economy and social institutions in Russia organized in a moderated round-table format within the series of events under the topic “Active Ageing Policy and Pension Reforms: Russian and International Experience” on Thursday, June 27 at 11 a.m.

The Russian population is aging steadily. In the coming decades, the proportion of old people will increase even more, and the number of working-age population will shrink. What will be the effects of these processes for the future of the Russian economy? On the one hand, changing population age structure through the reduction in labor supply and decrease in labor productivity can cause economic stagnation. Moreover, it undermines the stability of public finances and social insurance programs, since the base for paying contributions is decreasing, while the pension rights, as well as the demand for health care and long-term care services, is increasing. On the other hand, aging can be not only a brake, but also a driver of economic development. After all, a growing group of older consumers may demand new products and services. For example, the increasing demand for home-care can create incentives for the development of industry related to “smart home” technologies, remote monitoring of people's health, etc. The deterioration of conditions of public pension system, provoked by aging, can give impetus to the development of private pension schemes. Moreover, thanks to the active ageing policies, the boundaries between active and inactive periods of life become less clear, and an increasing number of old people are becoming involved in economic or social activity. Which of these scenarios will be most likely to occur in the coming decades in Russia? How will the aging of the Russian population affect the dynamics of GDP, the prospects for the development of financial markets, the change in the flows of intergenerational transfers? What changes should be expected in the field of social policy? These and other questions will be discussed by the participants of the round table.

The issues will be presented in a moderated round-table format

	Natalia AKINDINOVA, Director, Center of Development Institute,Higher School of Economics

	Evgeniy YAKUSHEV, Executive Director, Pension and Actuarial Consulting Ltd

	Mikhail DENISENKO, Deputy Director, Institute of Demography,Higher School of Economics

	Oxana SINYAVSKAYA, Deputy Director, Institute for Social Policy, Higher School of Economics

	Ramaz AKHMETELI, CEO and the owner of the Company Yellow Cross, President of Russian Red Cross’s Charity foundation, member of Civic Council under the Russian Labor ministry, member of EAN