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The shrinking number of workers due to smaller young cohorts entering the labour market and large-scale outward migration are undermining Bulgaria’s growth prospects, the sustainability of its social institutions and society more widely. Bulgaria needs to provide more support for families and...
Persistent link: https://www.econbiz.de/10014324241
pensionable age will also help counter the effects of ageing. Lifting national saving, partly by targeting a higher public saving …
Persistent link: https://www.econbiz.de/10011276855
increase the labour force participation of youth, childbearing age women and the long-term unemployed. Finally, ageing should …
Persistent link: https://www.econbiz.de/10011276879
younger cohorts to urban areas the increase in the old-age dependency ratio will be even more pronounced in rural than in …
Persistent link: https://www.econbiz.de/10008542491
With population ageing, fiscal consolidation has become of paramount importance for euro area countries. Consolidation … can be pursued in various ways, with different effects on potential growth, which itself will be dragged down by ageing. A … pension replacement rates and repaying public debt through a lower ratio of non ageing-related outlays to GDP, c) raising the …
Persistent link: https://www.econbiz.de/10005045902
Brazil’s public pension expenditure is about 9 per cent of GDP, above the OECD average. Given that OECD countries are generally not only wealthier, but also significantly older, Brazil’s pension expenditures are clearly excessive, draining resources away from other areas, such as much needed...
Persistent link: https://www.econbiz.de/10005045960
This paper estimates and discusses some of the potential labour market implications arising from the rapid ageing of …
Persistent link: https://www.econbiz.de/10005046082
Urbanisation in China has long been held back by various restrictions on land and internal migration but has taken off since the 1990s, as these impediments started to be gradually relaxed. People have moved in large numbers to richer cities, where productivity is higher and has increased...
Persistent link: https://www.econbiz.de/10011276950
with OECD countries, to counter accelerating population ageing and to make the most of emerging opportunities, including …
Persistent link: https://www.econbiz.de/10014491271
In the face of the substantial ageing of population expected to occur in OECD countries over coming decades, policies … adverse trend in aggregate participation rates that would otherwise occur because of ageing population. It uses a simple …
Persistent link: https://www.econbiz.de/10005046125