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The EU ’s Concern About the Influence of Demographic Factors on Financial Sustainability

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Financial Sustainability in Public Administration

Abstract

Due to the economic and financial crisis, the international organizations, especially the EU, have pointed out the necessity of studying government financial sustainability focusing on the demographic changes in order to identify potential drivers and risk factors . Indeed, the EU explains that the birth rate and the immigrant population could help soften the negative influence of the elder population and unemployed people on financial sustainability. Based on an analysis of the Spanish local governments during a 9-year period, this chapter seeks to empirically justify the EU’s concern regarding demographic changes. Findings indicate that the dependent population and the unemployment rate are risk factors for financial sustainability. Moreover, the birth rate and immigrant population has no the significant and positive influence expected. These findings could be used as management tools in order to provide useful information to policymakers and managers for making appropriate decisions about financial sustainability.

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Acknowledgements

This research was carried out with the financial support from the Regional Government of Andalusia (Spain), Department of Innovation, Science and Enterprise (Research project number P11-SEJ-7700) and the Spanish Ministry of Education, Culture and Sports under Grant (FPU13/05949).

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Authors and Affiliations

  1. University of Granada, Granada, Spain

    Manuel Pedro Rodríguez Bolívar, María Deseada López Subires, Laura Alcaide Muñoz & Andrés Navarro Galera

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  1. Manuel Pedro Rodríguez Bolívar
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  2. María Deseada López Subires
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  3. Laura Alcaide Muñoz
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  4. Andrés Navarro Galera
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Correspondence to María Deseada López Subires .

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  1. University of Granada , Granada, Spain

    Manuel Pedro Rodríguez Bolívar

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Rodríguez Bolívar, M.P., López Subires, M.D., Alcaide Muñoz, L., Navarro Galera, A. (2017). The EU ’s Concern About the Influence of Demographic Factors on Financial Sustainability . In: Rodríguez Bolívar, M. (eds) Financial Sustainability in Public Administration. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-57962-7_4

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  • DOI: https://doi.org/10.1007/978-3-319-57962-7_4

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  • Publisher Name: Palgrave Macmillan, Cham

  • Print ISBN: 978-3-319-57961-0

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