Ukraine encountered many economic problems in its first years of independence. Most serious among external shocks were the collapse of trade with the former Soviet Union and the sharp price increases for energy imports. External shocks resulted in an income loss in the current accounts...

Using an integrated simulation model, the authors estimate the scope and speed of population-aging in China, the cost of supporting the old, and the impact of different reform options and pension arrangements. Among their conclusions: The scope and speed of population-aging in China make the...

Using an integrated simulation model, the authors estimate the scope and speed of population-aging in China, the cost of supporting the old, and the impact of different reform options and pension arrangements. Among their conclusions: The scope and speed of population-aging in China make the...