Fiscal accountability and population aging : new responses to new challenges

Contents: Foreword / by Jeong Pyo Choi -- 1. Introduction and overview / Robert Clark, YoungWook Lee and Andrew Mason -- Part 1 Fiscal sustainability and accountability: 2. An evaluation of fiscal sustainability in Korea / SeongTae Kim -- 3. Implications of delaying US social security financing reform: A look at the measurement, structural and generational issues / Sylvester J. Schieber -- Part II: Improving fiscal accountability: 4. Enhancing accountability of Korea's government funds system through consolidated management of surplus money in budget-type funds / Yongok Choi -- 5. The long-term impact of aging on the federal budget / Louise Sheiner -- 6. Improving fiscal accountability of tax expenditure: The case of the earned income tax credit in Korea / YoungWook Lee -- Part III: Fiscal soundness and accountability: 7. The future of public employee pensions in the United States / Andrew G. Biggs -- 8. Fiscal implications of the 2015 government employees pension reform in Korea / Dohyung Kim, Taesuk Lee and Yongok Choi -- Part IV: Fiscal accountability sector: 9. Medicare financing and affordability / Marilyn Moon -- 10. SME financial policy in Korea: Evaluation and recommendations / Chang Gyun Park -- 11. Enhancing economic growth and productivity through efficient public infrastructure management / Kang-soo Kim and Weh-Sol Moon -- Index.