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Population Aging in Japan; Demographic Shock and Fiscal Sustainability
Mühleisen, Martin; Faruqee, Hamid - International Monetary Fund (IMF) - 2001
The paper develops a general equilibrium framework to examine the economic implications of population aging in Japan … assess the impact of aging on Japan's government finances; and (ii) compare fiscal policy options with respect to their … implications of population aging in Japan. Particular attention is paid to aggregate saving behavior which is modeled on the basis …
Persistent link: https://www.econbiz.de/10005769220
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Would Saving U.S. Social Security Raise National Saving?
Walliser, Jan - International Monetary Fund (IMF) - 1999
Analysts agree that raising national saving is one of the key objectives of social security reform in the United States. Hence, to judge the merits of proposals requires a comparison of saving responses. The paper outlines the difficulties involved in making those comparisons, which arise from...
Persistent link: https://www.econbiz.de/10005771367
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After the Crisis; Lower Consumption Growth But Narrower Global Imbalances?
Ohnsorge, Franziska; Mody, Ashoka - International Monetary Fund (IMF) - 2010
relative rise of the U.S. savings rate is helping narrow global imbalances. But with a likely earlier recovery in the U …
Persistent link: https://www.econbiz.de/10008561067
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Raising the Consumption Tax in Japan; Why, When, How?
Kang, Kenneth; Keen, Michael; Pradhan, Mahmood; Mooij, … - International Monetary Fund (IMF) - 2011
Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience...
Persistent link: https://www.econbiz.de/10011245893
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Pension Reforms in Japan
Kashiwase, Kenichiro; Nozaki, Masahiro; Tokuoka, Kiichi - International Monetary Fund (IMF) - 2012
This paper analyzes various reform options for Japan’s public pension in light of large fiscal consolidation needs of the country. The most attractive option is to increase the pension eligibility age in line with high and rising life expectancy. This would have a positive effect on...
Persistent link: https://www.econbiz.de/10011142039
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South Africa; Report on the Observance of Standards and Codes on Banking Supervision, Insurance Supervision, and Securities' Regulation
International Monetary Fund (IMF); International … - 2010
In South Africa, long-term insurers experienced some strains during the financial crisis, but there were no crisis-related failures. The capital markets suffered sharp declines but no systemic failures. The three standards assessments have found the regulatory system fundamentally sound. The...
Persistent link: https://www.econbiz.de/10011244153
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Greece; Second Review Under the Stand-By Arrangement: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Greece.
International Monetary Fund (IMF); International … - 2010
A very ambitious fiscal adjustment effort is under way. Fiscal institutional and sectoral reforms have been elaborated for a more durable adjustment. Greece’s determination toward a comprehensive modernization of the health sector, beginning with a far-reaching reform of state enterprises...
Persistent link: https://www.econbiz.de/10011244162
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The Federal Democratic Republic of Ethiopia; Selected Issues
International Monetary Fund (IMF); International … - 2013
This Selected Issues paper reviews the extent to which growth in Ethiopia has translated into higher living standards. A key feature of the economic strategy has been an explicit commitment to poverty reduction and structural transformation. This is underpinned by the vision of a...
Persistent link: https://www.econbiz.de/10011244172
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Togo; Joint Staff Advisory Note on the Interim Poverty Reduction Strategy Paper
International Monetary Fund (IMF); International … - 2008
This Joint Staff Advisory Note (JSAN) reviews Togo's Interim-Poverty Reduction Strategy Paper (I-PRSP), which is aimed to strengthen political and economic governance, support economic recovery, and reduce poverty. The I-PRSP recognizes challenges to achieve the MDGs and the risks to its...
Persistent link: https://www.econbiz.de/10011244238
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Switzerland; 2011 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Switzerland.
International Monetary Fund (IMF); International … - 2011
Although progress has been made in strengthening the Swiss economy, systemic risks posed by large banks as well as revisions to the macroprudential framework are still in train. The authorities welcomed the too-big-to-fail (TBTF) legislation and intervention of the Swiss National Bank (SNB) on...
Persistent link: https://www.econbiz.de/10011244540