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This paper considers the implications of the prospective aging of the U.S. population for the social security system and concludes that the large and growing cashflow surpluses of the social security trust funds should be saved to help insulate living stands against this change. A number of...
Persistent link: https://www.econbiz.de/10014396207
, explain a large part of the diversity in savings behavior in Asia across eight countries as well as over time. Inflation and …
Persistent link: https://www.econbiz.de/10014396475
The paper analyzes the development of government social expenditure during the economic stabilization period, with specific reference to the changing needs for such expenditure arising from the change in Israel’s demographic structure. The results reveal a real cut in direct services. The...
Persistent link: https://www.econbiz.de/10014396494
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
Persistent link: https://www.econbiz.de/10004245519
This Statistical Appendix report on Singapore discusses the economic indicators for the period 1995–99. The report …; foreign direct investment inflows by industry; assets and liabilities of the Monetary Authority of Singapore; assets and … liabilities of commercial banks of Singapore; summary of balance of payments; export and import performance; services and income …
Persistent link: https://www.econbiz.de/10014402630
This Selected Issues paper assesses the stability of Singapore’s banking system in a regional context. It proposes a … Monetary Authority of Singapore’s exchange rate-centered framework is well suited to shape monetary decision making, given the …
Persistent link: https://www.econbiz.de/10014402949
This 2009 Article IV Consultation highlights that Singapore has been severely affected by the global downturn. The …. Executive Directors have observed that the floating exchange rate regime has served Singapore well, and that the exchange …
Persistent link: https://www.econbiz.de/10014403485
international financial markets have been propagated to Singapore mostly through the trade channel. Inflation has risen … steps by the Monetary Authority of Singapore to tighten the monetary policy stance further by adjusting the exchange rate …
Persistent link: https://www.econbiz.de/10014403564
Strong policies, resilient markets, and an improved external environment have helped Singapore tide over the recession …. Singapore has a strong track record of proactive and forward-looking economic policymaking. Fiscal policy has regained its …. Singapore’s exchange rate regime continues to serve the economy well, and the Monetary Authority of Singapore’s exchange …
Persistent link: https://www.econbiz.de/10014403711