Fiscal Implications of Ageing: Projections of Age-Related Spending
This paper provides new projections on the fiscal impact of age-related spending for OECD countries over the next half century. These results are based on national models using an agreed upon set of assumptions about macroeconomic and demographic developments for all countries. Recent reforms to pen...
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| Main Author: | |
|---|---|
| Other Authors: | , |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Paris
OECD Publishing
2001
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| Series: | OECD Economics Department Working Papers
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| Subjects: | |
| Online Access: | Volltext |
| Summary: | This paper provides new projections on the fiscal impact of age-related spending for OECD countries over the next half century. These results are based on national models using an agreed upon set of assumptions about macroeconomic and demographic developments for all countries. Recent reforms to pension systems have partly offset the impact on spending of an increasingly elderly population, and there has been a major improvement in the underlying fiscal situation in the 1990s. However, further age-related spending (including old age pensions, health and spending associated with children) is still projected to increase on average around 6 to 7 per cent of GDP over the projection period. This calls for maintaining the reform effort and intensifying it in several countries, if fiscal sustainability is to be maintained ... |
| Physical Description: | 1 Online-Ressource (57 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/503643006287 |
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| spelling | Dang, Thai-Thanh Verfasser aut Fiscal Implications of Ageing Projections of Age-Related Spending Thai-Thanh Dang, Pablo Antolín and Howard Oxley Paris OECD Publishing 2001 1 Online-Ressource (57 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers This paper provides new projections on the fiscal impact of age-related spending for OECD countries over the next half century. These results are based on national models using an agreed upon set of assumptions about macroeconomic and demographic developments for all countries. Recent reforms to pension systems have partly offset the impact on spending of an increasingly elderly population, and there has been a major improvement in the underlying fiscal situation in the 1990s. However, further age-related spending (including old age pensions, health and spending associated with children) is still projected to increase on average around 6 to 7 per cent of GDP over the projection period. This calls for maintaining the reform effort and intensifying it in several countries, if fiscal sustainability is to be maintained ... Economics Antolín, Pablo ctb Oxley, Howard ctb https://doi.org/10.1787/503643006287 Verlag kostenfrei Volltext |
| spellingShingle | Dang, Thai-Thanh Fiscal Implications of Ageing Projections of Age-Related Spending Economics |
| title | Fiscal Implications of Ageing Projections of Age-Related Spending |
| title_auth | Fiscal Implications of Ageing Projections of Age-Related Spending |
| title_exact_search | Fiscal Implications of Ageing Projections of Age-Related Spending |
| title_exact_search_txtP | Fiscal Implications of Ageing Projections of Age-Related Spending |
| title_full | Fiscal Implications of Ageing Projections of Age-Related Spending Thai-Thanh Dang, Pablo Antolín and Howard Oxley |
| title_fullStr | Fiscal Implications of Ageing Projections of Age-Related Spending Thai-Thanh Dang, Pablo Antolín and Howard Oxley |
| title_full_unstemmed | Fiscal Implications of Ageing Projections of Age-Related Spending Thai-Thanh Dang, Pablo Antolín and Howard Oxley |
| title_short | Fiscal Implications of Ageing |
| title_sort | fiscal implications of ageing projections of age related spending |
| title_sub | Projections of Age-Related Spending |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/503643006287 |
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