The Fiscal Consequences of Shrinking Populations /

This Staff Discussion Note looks at the stark fiscal challenges posed by the decline and aging of populations between now and 2100. It finds that without reforms, pensions and health spending would rise to 25 percent of GDP by end-century in more developed countries (and 16 percent of GDP in less de...

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Autore principale: Clements, Benedict
Altri autori: Dybczak, Kamil, Gaspar, Vitor, Gupta, Sanjeev
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2015.
Serie:Staff Discussion Notes; Staff Discussion Notes ; No. 2015/021
Accesso online:Full text available on IMF
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100 1 |a Clements, Benedict. 
245 1 4 |a The Fiscal Consequences of Shrinking Populations /  |c Benedict Clements, Kamil Dybczak, Vitor Gaspar, Sanjeev Gupta. 
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300 |a 1 online resource (34 pages) 
490 1 |a Staff Discussion Notes 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This Staff Discussion Note looks at the stark fiscal challenges posed by the decline and aging of populations between now and 2100. It finds that without reforms, pensions and health spending would rise to 25 percent of GDP by end-century in more developed countries (and 16 percent of GDP in less developed countries), with potentially dire fiscal consequences. Given the uncertainty underlying the population projections and associated large fiscal risks, a multi-pronged approach will be required. This could include entitlement reform-starting now but at a gradual pace; policies that affect demographics and labor markets; and better tax systems and more efficient public expenditure. 
538 |a Mode of access: Internet 
700 1 |a Dybczak, Kamil. 
700 1 |a Gaspar, Vitor. 
700 1 |a Gupta, Sanjeev. 
830 0 |a Staff Discussion Notes; Staff Discussion Notes ;  |v No. 2015/021 
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