Juvenile imprisonment and human capital investment
This paper analyzes the effect of juvenile imprisonment on educational investment incentives. The model shows that if some adolescents are likely to be in trouble with law, their chances to complete education and thus the expected value of investment in their human capital are negatively affected. As a consequence, their parents not only optimally invest less in the offspring’s education but also give birth to more children. The analysis helps to understand why some minority groups who for exogenous reasons are more likely to be convicted of crime exhibit higher reproduction rates and lower levels of education. It also demonstrates that prison education may have unintended adverse consequences.
Russia’s declining birth rate is linked to a delay in a family’s decision to have children and to uncertainty about the place of children in a couple’s relationship. Despite the rise of individualism and the importance of career and self-realization, however, the family retains a very important place in Russian society.
This book contains a unique collection of studies on key economic and social policy challenges faced by countries of the Southern and Eastern Mediterranean region in a short- and long-term perspective. Prepared within the EU funded FP7 project on „Prospective Analysis for the Mediterranean Region (MEDPRO)” conducted in 2010-2013 it takes account on recent political developments in the region (Arab Spring) and their potential consequences. It covers a broad spectrum of topics such as factors of economic growth, macroeconomic and fiscal stability, trade and investment, Euro-Mediterranean and intra-regional economic integration, private sector development and privatizations, infrastructure, tourism, agriculture, financial sector development, poverty and inequality, education, labor market and gender issues.
In the article authors use the vital birh and death registration data on 10 regions exctracted from the Rosstat database to evaluate an input of international migrant into Russian fertility and mortality levels.
The authors discuss social and demographic processes in the rural regions of the Russian Near North and, first of all, in the Kostroma region – one of the socially problematic regions in the Russian Federation. In the article, the attention is focused on the analysis of mechanisms and assessment of scales of the depopulation: high mortality, migration of youth and middle aged people to the cities, deformations in age and gender structure with prevalence of the elderly population and a small share of children. The authors state essential distinctions of demographic indicators between municipalities in the Kostroma region and emphasize importance of social and demographic research on a basic municipal level. Indicators of the low life expectancy, high mortality caused by external reasons (alcoholism, murders, suicides, etc.), and high migration of youth are seen as the objective indicators of social problems in the local communities. It demands special attention on the part of the government authorities that plan social programs and take administrative decisions.
This chapter discusses the features of the development of the Russian population and the results of population projections to 2025
Economic growth in Hungary and Bulgaria will likely decelerate in 2016 due to a slowdown of public investment financed by EU funds. The Romanian economy, meanwhile, is expected to grow faster on the back of additional fiscal stimulus.