This paper attempts the following two questions, both with reference to the response of the Polish economy to the stabilization and liberalization plan of January 1, 1990: why was the fall in output much larger and the inflation rate much higher than anticipated? Was the contraction of aggregate...

This paper presents a brief review of the literature on the probable economic effects of population ageing in the industrial economies over the next 4 decades. Outline information is provided about short-run and long-run changes in the size and age structure of the population. The implications...