Verfügbarkeit: Characterizing the Expenditure Uncertainties of Industrial Countries in the 21st Century

Characterizing the Expenditure Uncertainties of Industrial Countries in the 21st Century:

A number of uncertainties about long-term expenditure commitments in industrial countries are examined: (i) the assumptions underlying the projections, (ii) the potential to further reduce non-age-related expenditures, (iii) the implicitly assumed absence of ""shocks,"" and (iv)...

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1. Verfasser:	Heller, Peter S. (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 2005
Schriftenreihe:	IMF Working Papers Working Paper No. 05/91
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Zusammenfassung:	A number of uncertainties about long-term expenditure commitments in industrial countries are examined: (i) the assumptions underlying the projections, (ii) the potential to further reduce non-age-related expenditures, (iii) the implicitly assumed absence of ""shocks,"" and (iv) the potential for raising revenue. This paper concludes that (i) there is scope, but within narrow limits, to reduce non-age-related expenditures; (ii) fiscal policy frameworks tend to understate risks; and (iii) prevailing tax rates leave little room for increasing taxation in the countries facing the strongest aging pressures. In sum, governments will have to adopt a much more ambitious fiscal policy stance to cope with aging populations
Beschreibung:	1 Online-Ressource (34 p)
ISBN:	1451861109 9781451861105

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spelling	Heller, Peter S. Verfasser aut Characterizing the Expenditure Uncertainties of Industrial Countries in the 21st Century Heller, Peter S Washington, D.C International Monetary Fund 2005 1 Online-Ressource (34 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 05/91 A number of uncertainties about long-term expenditure commitments in industrial countries are examined: (i) the assumptions underlying the projections, (ii) the potential to further reduce non-age-related expenditures, (iii) the implicitly assumed absence of ""shocks,"" and (iv) the potential for raising revenue. This paper concludes that (i) there is scope, but within narrow limits, to reduce non-age-related expenditures; (ii) fiscal policy frameworks tend to understate risks; and (iii) prevailing tax rates leave little room for increasing taxation in the countries facing the strongest aging pressures. In sum, governments will have to adopt a much more ambitious fiscal policy stance to cope with aging populations Online-Ausg Hauner, David Sonstige oth http://elibrary.imf.org/view/IMF001/01191-9781451861105/01191-9781451861105/01191-9781451861105.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Heller, Peter S. Characterizing the Expenditure Uncertainties of Industrial Countries in the 21st Century
title	Characterizing the Expenditure Uncertainties of Industrial Countries in the 21st Century
title_auth	Characterizing the Expenditure Uncertainties of Industrial Countries in the 21st Century
title_exact_search	Characterizing the Expenditure Uncertainties of Industrial Countries in the 21st Century
title_exact_search_txtP	Characterizing the Expenditure Uncertainties of Industrial Countries in the 21st Century
title_full	Characterizing the Expenditure Uncertainties of Industrial Countries in the 21st Century Heller, Peter S
title_fullStr	Characterizing the Expenditure Uncertainties of Industrial Countries in the 21st Century Heller, Peter S
title_full_unstemmed	Characterizing the Expenditure Uncertainties of Industrial Countries in the 21st Century Heller, Peter S
title_short	Characterizing the Expenditure Uncertainties of Industrial Countries in the 21st Century
title_sort	characterizing the expenditure uncertainties of industrial countries in the 21st century
url	http://elibrary.imf.org/view/IMF001/01191-9781451861105/01191-9781451861105/01191-9781451861105.xml
work_keys_str_mv	AT hellerpeters characterizingtheexpenditureuncertaintiesofindustrialcountriesinthe21stcentury AT haunerdavid characterizingtheexpenditureuncertaintiesofindustrialcountriesinthe21stcentury

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