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The impact of pension payments abolition and subsequent effect on economic growth in the Czech Republic
Srnka, Jan ; Rybáček, Miroslav (advisor) ; Maialeh, Robin (referee)
The thesis focuses on the impact of pension payments abolition and subsequent effect on economic growth in the Czech Republic. From a demographic perspective, the population in our country is regressive and there is a rise number of elderly compared to number of younger group. Index of economic dependence and Sauvy index will be increasing. The state will carry a inceasing burden of pension payments and the budget will further suffer by this. Should a cancellation of pensions happen, it would lead to a reduction in savings, a grow in investments and thus leading to economic growth. Overall prosperity would apparently grow. Finacial problems in lower income groups, who would be impacted the most, would occur.

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