Abstract
Demographic ageing is lately a frequently discussed phenomenon not only on field of demographic and economic research but also in public sector. Population ageing is often mentioned as the reason of unsustainability of social-economic systems, but on the other hand demographic aging is the result of improvements to the health status of the population and the enhancement of the quality of human life that began in the 18th century as part of the demographic revolution.
So from another perspective, this may be considered a success in human longevity. Standard indicators of demographic aging do not reflect this circumstance and that's why their comparison in time is at least problematic.
As well as we adjust monetary variables to inflation, we should adjust standard measures of demographic aging to changes in life expectancy. Integration of this approach could save state expenditure on pensions in countries with high life expectancy respectively remaining life expectancy as well as the appropriate application could target those who need support.
Another benefit is that besides other sophisticated mathematical methods the calculation of indicators and the interpretation of results based on this concept is still comprehensible to general public, which increases its potential of application in practice. Aim of this paper is not only to briefly introduce the concept of prospective age and its benefits but also to demonstrate how different could be the position of regions in Europe just by using different indicators of the same phenomenon.
The paper focuses on Czech regions and their position among other NUTS 2 regions in Europe using standard and prospective indicators with an emphasis on its transformation in time.