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This study analyses financial sustainability of the Finnish public sector. Current tax rates are unlikely to yield sufficient tax revenue for financing public expenditure under an ageing population. In the base alternative we assume that the European crisis does not worsen and that productivity...
Persistent link: https://www.econbiz.de/10012037623
number of old people. The higher initial public debt increases the vulnerability of the public finances to economic and …
Persistent link: https://www.econbiz.de/10010272991
number of old people. The higher initial public debt increases the vulnerability of the public finances to economic and …
Persistent link: https://www.econbiz.de/10008797528
Julkisen talouden rahoituspohjan kestävyys väestön vanhetessa on kiistaton ongelma Suomessa kuten useissa muissakin länsimaissa. Työikäisen väestön väheneminen, työvoiman ikääntyminen ja hyvin vanhojen ihmisten lukumäärän kasvu on vaikea yhdistelmä julkisen talouden kestävyyden...
Persistent link: https://www.econbiz.de/10012147863
Keeping public finances on a sustainable foundation while the population ages is clearly a problem in Finland, as in many other western countries. The shrinking of the working-age population, ageing of the labour force, and growth in the number of very old persons form a difficult combination...
Persistent link: https://www.econbiz.de/10005649004
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conclusion is that the new rules should emphasize the long-term debt sustainability target more clearly, while at the same time …
Persistent link: https://www.econbiz.de/10012939224
, the government is likely to compensate the shortage of tax revenues with debt. The aim of this research is to study the … existing economic research, public debt crowds out private investment slowing down both economic and productivity growth. Our … statistical analysis suggests that public debt crowds out private investment and hampers economic growth in Finland, as the share …
Persistent link: https://www.econbiz.de/10014278317