CII Introduction: People are living longer and with this come increased costs of pensions, health and social care. Is the financial services industry as it is currently configured capable of supporting consumers in this difficult environment? How will it meet the needs of those who are often...

Wohlstand wird in der Regel als der Grad der Versorgung von Personen, privatenHaushalten oder der gesamten Gesellschaft mit Gütern und Dienstleistungen verstandenund fasst das Ausmaß materieller aber auch immaterieller Lebensqualität.Die Messung erfolgt vor allem mit unterschiedlichen...

This paper is an overview of the social welfare systems of five EastAsian countries, namely Japan, Korea, Taiwan, Hong Kong andSingapore. It analyses the overall costs of welfare as well as incomedistribution aspects, based on both aggregate data and a programme-byprogrammereview of their...

In this paper we examine the sustainability of euro area public finances against thebackdrop of population ageing. We critically assess the widely used projections of theWorking Group on Ageing Populations (AWG) of the EU's Economic PolicyCommittee and argue that ageing costs may be higher than...