Influence of demographic aging on economic development of the republic of srpska (bosnia and herzegovina)

The subject of this research are demographic changes that were notably determined by changes in economic, social, cultural, health, technical and technological development of the Republic of Srpska. The aim of this research is to define necessary concepts for comprehension of demographic aging process and to explore the trend of demographic movements in the Republic of Srpska. The contribution of research is consisted of ascertaining the economic and social consequences of demographic processes. Demographic movements in the Republic of Srpska have been extremely negative for a long time. Dominant processes that stand out are insufficient birth rate and demographic aging process. Long-term consecuences of these processes are already visible but in the future they might be more expressed. Like most post-transition countries, the Republic of Srpska is confronting with low fertility rates so it needs an active population politics that will help to increase the fertility rate and demographic and economic recovery.