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Is Asia Prepared for An Aging Population?
Heller, Peter S. - International Monetary Fund (IMF) - 2006
experience a significant aging of their populations during the next several decades. This paper explores how these aging Asian … countries are addressing and anticipating the challenges of an aging society. It suggests that Asia's preparedness for an aging …
Persistent link: https://www.econbiz.de/10005248253
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Macroeconomic Effects of Pension Reform in Russia
Hauner, David - International Monetary Fund (IMF) - 2008
Putting the pension system on a sustainable footing arguably remains the biggest challenge in Russia's economic policies. The debate about the policy options was hitherto constrained by the absence of general equilibrium analysis. This paper fills this gap by simulating their macroeconomic...
Persistent link: https://www.econbiz.de/10005263824
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Pension Reform and the Fiscal Policy Stance
Gerson, Philip R.; Mackenzie, G. A.; Heller, Peter S.; … - International Monetary Fund (IMF) - 2001
The increased budget deficit caused by the privatization of a public pension plan does not imply a relaxation of the stance of fiscal policy. The reform's impact on the fiscal stance and national saving depends primarily on its effect on the sum of explicit and implicit public debt and on the...
Persistent link: https://www.econbiz.de/10005263836
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Tax and Pension Reform in the Czech Republic-Implications for Growth and Debt Sustainability
Botman, Dennis P. J.; Tuladhar, Anita - International Monetary Fund (IMF) - 2008
GDP by 2012. Instead, raising the retirement age and prefunding future aging costs would be needed to keep debt below 60 … due to population aging, pension reform proposals are also being considered. In this paper we assess the macroeconomic …
Persistent link: https://www.econbiz.de/10005263864
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Social Sector Reform in Transition Countries
Keller, Christian; Heller, Peter S. - International Monetary Fund (IMF) - 2001
During the transition process, many existing social sector institutions and policies were significantly eroded and their underlying character changed. As a result, they often do not redistribute to the poorest, nor generally serve the role of facilitating economic change. Social sector reforms...
Persistent link: https://www.econbiz.de/10005264010
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Macroeconomic Effects and Policy Challenges of Population Aging
Faruqee, Hamid; Tamirisa, Natalia T. - International Monetary Fund (IMF) - 2006
This paper simulates the macroeconomic effects of population aging in a dynamic overlapping generations model of a … small open economy. The model is calibrated to data for the Czech Republic, where population aging is proceeding at a pace … comparable to that in other advanced countries in Europe. Simulations show that population aging is likely to slow economic …
Persistent link: https://www.econbiz.de/10005264152
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Aging, Asset Allocation, and Costs; Evidence for the Pension Fund Industry in Switzerland
Weber, René; Gerber, David S. - International Monetary Fund (IMF) - 2007
, pension plan type, and size are important for administrative costs. The findings support the view that aging may lead to …
Persistent link: https://www.econbiz.de/10005825621
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The Aging of the Population and the Size of the Welfare State
Swagel, Phillip; Sadka, Efraim; Razin, Assaf - International Monetary Fund (IMF) - 2002
size of the welfare state. This is despite the increased political clout of the dependent population implied by the aging …
Persistent link: https://www.econbiz.de/10005825663
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Addressing Korea's Long-Term Fiscal Challenges
Syed, Murtaza H.; Skaarup, Michael; Feyzioglu, Tarhan - International Monetary Fund (IMF) - 2008
Korea is on the verge of an unprecedented demographic shift. In coming decades, rapid aging will transform it from one … pressure on the pension system and health and long-term care expenditures. This paper evaluates the impact of population aging …
Persistent link: https://www.econbiz.de/10005825781
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The Global Impact of Demographic Change
Callen, Tim; McKibbin, Warwick J.; Batini, Nicoletta - International Monetary Fund (IMF) - 2006
variant" of the United Nations population projections. We find that population aging in industrial countries will reduce …
Persistent link: https://www.econbiz.de/10005826038