Can negotiated peace settlements promote fiscal capacity in post-conflict countries? We explore this question in the context of the 2016 peace agreement in Colombia, after which more than 6,000 insurgents collectively demobilized and a series of peace zones was created. Leveraging the uneven...

Andorra has the highest life expectancy and the lowest fertility rate in Europe, resulting in one of the fastest-aging populations on the continent. This study assesses the long-term fiscal implications of demographic change for Andorra's pension and healthcare systems. Without reform, public...

Hong Kong SAR's significant demographic pressures will create fiscal challenges for the authorities. Fiscal expenditure pressures from population aging have already been rising rapidly for over a decade and are expected to increase significantly in coming years, even without factoring in the...