Addressing rising inactivity of older people in Serbia

This project addressed one particular problem of the Serbian labor market – high level of inactivity of the working age population, especially among the older workers. The project considered policies on how to unleash the untapped potential of the inactive labour force and especially how to increase the activity rate of older workers. Higher employment rate of older workers would also bring some relief to the country’s public finances and Pension Fund, since the percentage of GDP spent every year on pensions is one of the highest shares in Europe and worldwide.