"Chen focuses on the effects of age structure changes on the size of budget deficits of national governments. More specifically, he determines whether differences in age structure can account for the observed differences in budget deficits across countries as well as across time. By way of an...

This is a sector report on demographics in Ethiopia. The first part of this study puts the population issue in Ethiopia in perspective. Chapter 1 updates Ethiopia's demographic profile, looking in particular at the size of its population, its age structure, the speed at which it grows and its...

As a result of low fertility rates and high life expectancy, the current demographic trends in Sri Lanka include a declining share of children and increasing share of elderly, and (for now) an increasing working age population. Sri Lanka has a unique window of opportunity to take advantage of...

This paper provides an assessment of the Polish funded pension system and the quality of the regulatory framework for the accumulation phase. There are two elements that distinguish the Polish pension fund portfolios from other reforming countries': the relatively high component of domestic...

"The authors test competing theories of capital structure choices using firm-level data on firm borrowings. The majority of firms in the dataset are privately owned, young, micro or small and medium enterprise (SME) firms concentrated in the service sector. In general, the financing pattern of...

"The authors describe and analyze the emergence of river basin management in the Warta River Basin of Poland. The Warta basin's 55,193 km2 cover approximately one-sixth of Poland, and the Warta is a principal tributary to the Oder. Water management issues include pollution of the Warta and its...