Showing 1 - 10 of 286
Japan faces the problem of how to finance retirement, health, and long-term care expenditures as the population ages … raising social security contributions, debt financing, and a uniform increase in health and long-term care copayments …
Persistent link: https://www.econbiz.de/10011978385
Korea's economy has leaped to high-income status thanks to several decades of sustained high growth. However …, population aging and shifts in global demand provide headwinds for future growth and Korea now faces the effects of COVID-19 on …
Persistent link: https://www.econbiz.de/10012604751
This paper draws out the parallels between Korea and Japan in terms of demographics, potential growth, balance sheets …, asset prices and inflation. Korea's demographic trends seem to track Japan's with a lag of about 20 years. Low productivity … reforms. While Korea's corporate balance sheets are stronger than Japan's in the early 1990s, Korea needs to progress with the …
Persistent link: https://www.econbiz.de/10011716396
Achieving universal health coverage, including financial risk protection and access to quality essential health …-care services, is one of the main Sustainable Development Goals. In low-income countries, innovative and affordable health financing … systems are key to realize these goals. This paper assesses the impacts of Community-Based Health Insurance Scheme in Rwanda …
Persistent link: https://www.econbiz.de/10012009384
Demands for ramping up health expenditures are at an all-time high. Countries' needs for additional health resources … include responding to the COVID-19 pandemic, closing gaps in achieving the Sustainable Development Goal in health in most … raising health spending focuses policymakers' attention on ensuring that resources are used efficiently. How sizable are the …
Persistent link: https://www.econbiz.de/10013169999
The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and...
Persistent link: https://www.econbiz.de/10014395977
The paper develops a simple, integrated methodology to project public pension cash flows and healthcare spending over the long term. We illustrate its features by applying it to the LAC5 (Argentina, Brazil, Chile, Colombia and Mexico), where public spending pressures are expected to increase...
Persistent link: https://www.econbiz.de/10011671097
The paper assesses the government expenditure effects from changing demographics in the Asian “Tiger” economies through 2050. With some exceptions, their limited social insurance commitments initially suggest that aging populations may not adversely affect fiscal balances. Yet for all the...
Persistent link: https://www.econbiz.de/10014400543
Korea's stars tell of an economy saddled with a real neutral rate (r-star) that has declined significantly in recent … triggered significant shifts in the saving-investment balance. Larger fiscal deficits and frothy financial conditions since 2012 …. Korea's neutral rate is likely to remain low over the medium-term and could fall further, reflecting a structural savings …
Persistent link: https://www.econbiz.de/10012604759
This paper investigates the long-run pattern of private saving in Indonesia, Malaysia, Singapore, and Thailand. These … countries have not only maintained saving levels that are currently among the highest in the world but have also experienced a … sustained increase in their rate of private saving over the past twenty years. Using a cointegration approach, this paper …
Persistent link: https://www.econbiz.de/10014398225