Showing 1 - 10 of 43
In the next 30-40 years, past changes in fertility and mortality will lead to a significant increase in the share of the elderly. This study suggests that these demographic trends may lead to a decline in the G-7 private savings rate after 2000, compounding the impact of social expenditure...
Persistent link: https://www.econbiz.de/10014396157
This paper shows how growth and demography, two important determinants of the savings rate in the life-cycle approach, explain a large part of the diversity in savings behavior in Asia across eight countries as well as over time. Inflation and adverse movements in the terms of trade are found to...
Persistent link: https://www.econbiz.de/10014396475
This paper reviews the financial implications of aging for the pension system in Belgium during 1995-2050. Our simulations indicate a strong rise in pension expenditure over the next half century, as is the case in other industrialized countries. In Belgium, the problem is particularly acute in...
Persistent link: https://www.econbiz.de/10014396528
years. To help bring it to the mid-point of the target, Banco Central del Uruguay (BCU) needs to maintain a tightening bias … Uruguay and suggested that strong institutions and macroeconomic stability have helped attract FDI to the secondary and …
Persistent link: https://www.econbiz.de/10011244441
loans to unhedged borrowers and incorporate greater exchange rate stress into the supervisory stress tests. ? Uruguay …
Persistent link: https://www.econbiz.de/10011244658
This paper discusses key findings of the Report on the Observance of Standards and Codes—Data Module for Uruguay …. Uruguay exceeds the Special Data Dissemination Standard (SDDS) timeliness requirements for labor market (employment … integrity, based on the mission’s meetings with data users, the Central Bank of Uruguay and National Institute of Statistics …
Persistent link: https://www.econbiz.de/10011245146
Uruguay’s near-term outlook is positive, but with risks and policy challenges. Medium-term challenges include bolstering the economy’s resilience to shocks and fostering productivity growth. Inflation is a priority and monetary policy cannot fight inflation alone; concerted efforts...
Persistent link: https://www.econbiz.de/10011245272
This Selected Issues paper examines the drivers and implications of the agricultural land price boom in Uruguay. It …
Persistent link: https://www.econbiz.de/10011245648
This paper describes economic developments in Uruguay during the 1990s. Real GDP expanded on average by more than 4 … external demand from Uruguay’s main trading partners (Argentina and Brazil), as well as progress in strengthening the public …
Persistent link: https://www.econbiz.de/10014397243
This paper describes the social security system and pension reform in Uruguay. The reform of the social security system … is the most important structural issue facing Uruguay. Large social security outlays have led to high rates of payroll …
Persistent link: https://www.econbiz.de/10014397252