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This article derives a simple method for projecting pension deficit as percent of GDP in future years based on commonly available population forecasting and a few predictable economic and policy variables. Compared with the classic basic equilibrium equation of pension funds, our new formula...
Persistent link: https://www.econbiz.de/10009363357
factors have the same downtrend. Structural factors, such as demography and changes of time preference, would keep the current …
Persistent link: https://www.econbiz.de/10009363835
While the importance of services sector in creating value added and employment has been recognized, the role of … services as providers of major inputs to production sector are often forgotten and overlooked. This paper stresses the … importance of services sector in supporting economic activities in general; the role that has become increasingly more critical …
Persistent link: https://www.econbiz.de/10011277979
While the importance of services sector in creating value added and employment has been recognized, the role of … services as providers of major inputs to production sector are often forgotten and overlooked. This paper stresses the … importance of services sector in supporting economic activities in general; the role that has become increasingly more critical …
Persistent link: https://www.econbiz.de/10011278073
While the importance of services sector in creating value added and employment has been recognized, the role of … services as providers of major inputs to production sector are often forgotten and overlooked. This paper stresses the … importance of services sector in supporting economic activities in general; the role that has become increasingly more critical …
Persistent link: https://www.econbiz.de/10011278229
The service sector is evolving. New services and new modes of delivering existing services have increased the … complexities of services negotiations in the WTO and in FTAs. The WTO negotiations focus on market access but FTAs tend to go … beyond market access to seeking regulatory commitments from trading partners. India is a proponent of services liberalisation …
Persistent link: https://www.econbiz.de/10009363422
liberalization of services trade would affect Pakistans competitiveness. Focusing on the opportunities and risks of such … be needed to achieve these goals. The sectors studied in this paper are (a) construction and related engineering services …; (b) architecture, engineering and integrated engineering services; (c) energy services; and (d) environmental services. …
Persistent link: https://www.econbiz.de/10009363439
, industry and services; and (c) improving connectivity and liberalizing trade and investment regimes for greater exchange of … goods, services and capital. …
Persistent link: https://www.econbiz.de/10009363493
services has been broad-based. We show that the growth of service sector employment is not simply disguised manufacturing … modern sector and that modern services are only a viable destination for the highly skilled few. To the extent that the … expansion of both modern manufacturing and modern services is constrained by the availability of skilled labour, this just …
Persistent link: https://www.econbiz.de/10009363516
traditional services, the second wave of modern (financial, communication, computer, technical, legal, advertising and business …) services that are receptive to the application of information technologies and increasingly tradable across borders. In …
Persistent link: https://www.econbiz.de/10009363635