December 2012 - EMN Research on Senior Entrepreneurship

In this publication, we focused on the specific question, "how can microfinance support senior entrepreneurship and the transfer of competences?"

The European population is ageing. Former ‘baby-boomers’ are now reaching retirement. Unemployment rates are high across Europe, and the mandatory retirement age, in general, is set at a still relatively young age, when people are still in good health conditions, skilled and willing to remain active. While Europe is now in the post-crisis phase attempting to recover from severe economic downturns, governments are increasingly spending less on social schemes, pensions and welfare systems. The economically active population is supporting less and less the growing older segments (both unemployed and retired).

Hence, can microfinance combat social exclusion and foster senior employment?

 

December 2012 - EMN Research on Senior Entrepreneurship