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This paper presents simulations of the impact of age-related public expenditures on overall government budget positions and on national savings for 20 countries. Using demographic projections prepared by the World Bank, models have been constructed for the evolution of public pension...
Persistent link: https://www.econbiz.de/10005045745
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The paper examines the effects of demographic changes on government budgets and national savings. Most OECD countries will experience a rapid ageing of the population in the future and this development will put public pensions, health care systems and government budgets in general under...
Persistent link: https://www.econbiz.de/10012444246
This paper presents simulations of the impact of age-related public expenditures on overall government budget positions and on national savings for 20 countries. Using demographic projections prepared by the World Bank, models have been constructed for the evolution of public pension...
Persistent link: https://www.econbiz.de/10012445981
This paper reviews fiscal policy, government indebtedness and its implications for economic performance in OECD countries. Government debt, expenditure and revenue relative to GDP have all risen significantly over the past 15 years and in several countries these trends are unsustainable. The...
Persistent link: https://www.econbiz.de/10005046114
This working paper presents evidence on changes in income distribution and poverty in thirteen OECD countries over the two decades up to the first half of the 1990s. While country experience has been variable, income and poverty rose in most countries. Both earnings and capital and self...
Persistent link: https://www.econbiz.de/10005046169
Immigration could offer one way for Denmark to expand its labour supply, thereby lowering the dependency ratio, at least for some time, and easing the task of ensuring fiscal sustainability. However, these beneficial effects are obtained only if immigrants are in work. Yet a significant...
Persistent link: https://www.econbiz.de/10005045778
This paper analyses the main features of Sweden’s public expenditure and addresses some key policy issues. Public spending is high relative to GDP, reflecting the wide support for the Swedish welfare state. The institutional framework within which spending decisions are made has both strengths...
Persistent link: https://www.econbiz.de/10005045801
This paper analyses Sweden’s policies for addressing a range of key environmental challenges. Although Sweden has a deliberately comprehensive approach to establishing its environmental objectives and policies, some issues have received particular attention. These include acidification and...
Persistent link: https://www.econbiz.de/10005045846