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Persistent link: https://www.econbiz.de/10005590852
on social security, and explores policy options. It finds that so far, the impact of aging on the economy has been …
Persistent link: https://www.econbiz.de/10005598861
Hong Kong SAR's population is aging rapidly. This paper concludes that, without a change in policies, aging could … workers from the Chinese mainland, would attenuate the economic impact of aging, they would not offset it fully. Aging will … window of opportunity to implement policies to lessen the impact of aging, given that the demographic effects could start …
Persistent link: https://www.econbiz.de/10005604947
This Selected Issues paper on Panama explores the current situation and trends of the Caja del Seguro Social (CSS) in Panama. The autonomy is embedded in its Organic Law, which also provides the agency with the right to have separate funds from the central government. The slowdown in economic...
Persistent link: https://www.econbiz.de/10005825098
The present paper reviews key issues in pension design and pension reform encountered all across the world. The paper heavily refers to the recent U.S. Social Security reform debate in general and to the Personal Retirement Accounts proposal in particular. A particular emphasis is put on...
Persistent link: https://www.econbiz.de/10005826298
Pension reform is high on the policy agenda of many advanced and emerging market economies. In advanced economies the challenge is generally to contain future increases in public pension spending as the population ages. In emerging market economies, the challenges are often different. Where...
Persistent link: https://www.econbiz.de/10010790493
During the transition process, many existing social sector institutions and policies were significantly eroded and their underlying character changed. As a result, they often do not redistribute to the poorest, nor generally serve the role of facilitating economic change. Social sector reforms...
Persistent link: https://www.econbiz.de/10005264010
This paper studies the economic effects on re-employment and program substitution behavior among elderly displaced workers who exogenously lose eligibility for their early retirement option. We use detailed Norwegian matched employer-employee data containing information on bankruptcy dates and...
Persistent link: https://www.econbiz.de/10013341538
This 2005 Article IV Consultation highlights that Belgium’s growth has picked up following weakness in early 2005, mainly reflecting a negative contribution from the external sector and weak household consumption owing to high energy prices. The authorities and the IMF staff project GDP...
Persistent link: https://www.econbiz.de/10005768594
boosting the economy potential and reducing pressures on the public finances in the face of population aging. The authorities …
Persistent link: https://www.econbiz.de/10005591174