1 edition of Ageing populations, pension systems and government budgets found in the catalog.
Ageing populations, pension systems and government budgets
by Organisation for Economic Co-operation and Development in Paris
Written in English
|Statement||by Deborah Roseveare ... [et al.].|
|Series||Economics Department working papers -- no.168|
|The Physical Object|
|Number of Pages||60|
Ageing is the result of lower fertility rates and, especially, higher life expectancy, which results in an increase in the average age of the population. The impact of population ageing on pensions can be separated into the “baby boom”, a temporary factor, and improvements in mortality and life expectancy, a more permanent factor. These developments will be challenging for public budgets and pension systems. Indeed, the falling share of the population at traditionally productive ages means relatively fewer people will pay taxes and social contributions at a time when the rising share of older persons implies that more people will receive pensions and costly health.
Current Pension Systems in Countries of the Region Pension systems in Eastern European and former Soviet countries have a number of unique features that lead to a unique set of prob-lems. One is the high pension system dependency rates, defined as the ratio of beneficiaries to contributors (box ). Partly reflecting theFile Size: KB. pension systems, of population ageing, the responses have tended to involve higher contributions, lower replacement rates, and/or later retirement. In many G10 countries, the option of dealing with the problem solely by increasing tax/contribution rates is constrained by the already high level of such rates and the fear.
keeping government budgets balanced, keeping poverty levels to a minimum and maintaining intergenerational equity. Japan and Australia’s ageing populations As with most OECD nations, birth rates in Japan and Australia have dropped significantly since the post-war baby boom, most noticeably in Japan. In total fertility rates were. Population ageing and financial and social sustainability challenges of pension systems in Europe: A cross-national perspective by Asghar Zaidi European Centre for Social Welfare Policy and Research, Vienna Forthcoming as Chapter 2 in: Bovenberg, van Ewijk, and Westerhout (eds.) The Future of.
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Downloadable. 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 increasing pressure.
It could also have adverse effects on national. Ageing Populations, Pension Systems and Government Budgets Simulations for 20 OECD Countries This paper presents simulations of the impact of age-related public expenditures on overall government budget positions and on national savings for 20 by: Ageing Populations, Pension Systems and Government Budgets: Simulations for 20 OECD Countries Article (PDF Available) February with Reads How we measure 'reads'.
OECD Economics Department Working Papers Ageing Populations, Pension Systems and Government Budgets: Simulations for 20 OECD Countries. 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. Get this from a library. Ageing populations, pension systems and government budgets: simulations for 20 OECD countries. [Debbie Roseveare; Organisation for Economic Co-operation and Development.;]. Ageing populations, pension systems and government budgets.
Paris: Organisation for Economic Co-operation and Development, (OCoLC) Material Type: Government publication, International government publication: Document Type: Book: All Authors / Contributors: Organisation for Economic Co-operation and Development.
OCLC Number:. Deborah Roseveare & Willi Leibfritz & Douglas Fore & Eckhard Wurzel, "Ageing Populations, Pension Systems and Government Budgets: Simulations for 20 OECD Countries," OECD Economics Department Working PapersOECD Publishing.
Handle: RePEc:oec:ecoaaaen DOI: / 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 increasing by: Pensions and ageing populations: the problem explained.
But one of the biggest issues could be in underfunded or entirely unfunded government pension promises, with many countries operating on. A large literature has examined public and private old-age pension systems in the United States of America, Mexico and other countries, as well as rising public health care costs, especially in.
The MMGPI is the world’s most comprehensive comparison of global pension systems, and this year it covered close to 60 per cent of the world’s population, measuring 27 systems against more than 40 indicators to gauge their adequacy, sustainability and integrity.
The MMGPI – A closer look at the impact of ageing populations. Aging populations, pension funds, and financial markets: regional perspectives and global chal-lenges for central, eastern, and southern Europe / Robert Holzmann, editor.
Includes bibliographical references and index. ISBN (alk. paper) — ISBN 1. Old age pensions—Europe, Central—Finance. Size: 1MB. Recent reforms have made pension systems more financially sustainable and pensioners have higher living standards than ever before.
But future generations are likely to. We know, because of the ageing of our populations, that there will be fewer and fewer persons of working age to support more and more older people.
For the OECD as a whole, the dependence ratio of older people (i.e. those aged 65 and over as a proportion of those aged ) will rise from the current figure of 22%, to 46% in A rise in the elderly population, particularly if not matched by health improvements, will place ever-greater pressure on the public finances, as a relatively smaller working-age population supports growing spending on health, social care and pensions.
Around 55% of welfare spending (£bn in /15) is currently paid to pensioners, with the. Ageing populations, pensions systems and government budgets: Simulations for 20 OECD countries (Economics Department Working Cited by: 4.
Focusing on the need for pension reform in the major industrial countries, OECD studies by Van den Noord and Herd ( and ) and Leibfritz and others () report estimates of unfunded public pension liabilities under present pension arrangements and discuss the effectiveness of selected parametric reforms.
Ageing Populations, which analysed the impact of population ageing on growth and living standards, public finances, financial markets and international capital flows.
In line with some of the main recommendations of that report, pension systemFile Size: KB. Walker, A. (), ‘Achieving (or not Achieving) Economic Security in Old Age: the EC’s Pension Systems Compared’, Benefits, Issue 8, Sept./Oct., pp.
4–8. Google Scholar. Other Reports and Statistical Sources OECD Reports ‘Effects of Ageing Populations on Government Budgets Ageing Populations in Europe: Demographic Trends and Author: Jane Littlewood. Four ways to cope with Australia’s ageing population. Australians are living longer, which presents a significant financial problem for the current pension system.
To discuss the affect of an ageing population on the pensions sector, a panel of experts joined Guardian Sustainable Business for an Author: Laura Paddison.While this assumption is useful for the purpose of studying the long-run effects of demographic ageing on growth, there are clearly potential feedback effects from government budgets to demographics, for example via investments in public health (see Hall and Jones, ).
With endogenous fertility, the demographic structure would turn into an Cited by: _Impact of ageing on pension 7 The demographic revolution threatens the supportability of both public and private pension systems Threat of ageing population for pension systems Type of scheme • Predominantly Pay-As-You-Go funded schemes1) • Current contributions by the working population are used for the payment of.