Aging and Social Expenditure in the Major Industrial Countries, 1980-2025

Aging and Social Expenditure in the Major Industrial Countries, 1980-2025
Author: Ziba Farhadian
Publisher: International Monetary Fund
Total Pages: 88
Release: 1986-09-15
Genre: Social Science
ISBN: 9780939934683

Most of the seven major industrial countries are now experiencing significant changes in their demographic structure. A persistent pattern of declining fertility and improving life expectancy has created major segments of the population that are already relatively aged or will become so in the near future. This paper examines the impact of prospective demographic trends on the level and structure of social expenditure by the governments of the seven major industrial countries (the Group of Seven) through the year 2025.

Development in an Ageing World

Development in an Ageing World
Author: United Nations. Department of Economic and Social Affairs
Publisher:
Total Pages: 216
Release: 2007
Genre: Business & Economics
ISBN: 9789211091540

Greater longevity is an indicator of human progress in general. Increased life expectancy and lower fertility rates are changing the population structure worldwide in a major way: the proportion of older persons is rapidly increasing, a process known as population ageing. The process is inevitable and is already advanced in developed countries and progressing quite rapidly in developing ones. The 2007 Survey analyses the implications of population ageing for social and economic development around the world, while recognising that it offers both challenges and opportunities. Among the most pressing issues is that arising from the prospect of a smaller labour force having to support an increasingly larger older population. Paralleling increased longevity are the changes in intergenerational relationships that may affect the provision of care and income security for older persons, particularly in developing countries where family transfers play a major role. At the same time, it is also necessary for societies to fully recognise and better harness the productive and social contributions that older persons can make but are in many instances prevented from making. The Survey argues that the challenges are not insurmountable, but that societies everywhere need to put in place the policies required to confront those challenges effectively and to ensure an adequate standard of living for each of their members, while respecting and promoting the contribution and participation of all.

Aging, Savings, and Pensions in the Group of Seven Countries

Aging, Savings, and Pensions in the Group of Seven Countries
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 46
Release: 1989
Genre: Business & Economics
ISBN:

In the next 30-40 years, past changes in fertility and mortality will lead to a significant increase in the share of the elderly. This study suggests that these demographic trends may lead to a decline in the G-7 private savings rate after 2000, compounding the impact of social expenditure pressures on the government’s deficit. Moreover, public pensions may decline as a share of the consumption needs of the elderly, leading to financial pressures to reduce their consumption. The reduced burden of child support on the working population will not offset the increased burden of societal support for the elderly.

Demography of Aging

Demography of Aging
Author: National Research Council
Publisher: National Academies Press
Total Pages: 424
Release: 1994-02-01
Genre: Social Science
ISBN: 0309050855

As the United States and the rest of the world face the unprecedented challenge of aging populations, this volume draws together for the first time state-of-the-art work from the emerging field of the demography of aging. The nine chapters, written by experts from a variety of disciplines, highlight data sources and research approaches, results, and proposed strategies on a topic with major policy implications for labor forces, economic well-being, health care, and the need for social and family supports.

Macroeconomic Effects of Prelected Population Aging in Industrial Countries

Macroeconomic Effects of Prelected Population Aging in Industrial Countries
Author: Mr.Paul R. Masson
Publisher: International Monetary Fund
Total Pages: 32
Release: 1990-01-01
Genre: Business & Economics
ISBN: 1451929552

The effects of population aging are examined with the aid of a theoretical model and simulations of MULTIMOD. An older population will consume more of aggregate disposable income, require higher government expenditure, and decrease labor supply. These effects should raise real interest rates and lower the capital stock and output. Effects on current balances will depend on the relative speed and extent of aging. Simulations of projected demographic changes suggest that by 2025, real interest rates would be increased by several percentage points and net foreign assets increased in the United States, and decreased in Japan and Germany, as a result.

Aging Societies

Aging Societies
Author: Barry P. Bosworth
Publisher: Brookings Institution Press
Total Pages: 334
Release: 1998-05-01
Genre: Political Science
ISBN: 0815791305

By 2030, when most American baby boomers will have retired, all the large industrial economies will see a massive increase in the old age population. This book examines population aging and its implications for public retirement programs in the five largest industrial economies--Britain, France, Germany, Japan, and the United States. The authors report on national demographic trends, examine the current living conditions of the aged population, explain the structure of the retirement system, and offer estimates of future budgetary costs of the public programs. They also discuss national debates over the potential reform of public retirement systems. While all five countries share the prospect of an older population, variations in the size and timing of demographic change, as well as important differences in the structure of public programs for the elderly, suggest that population aging will have widely different implications in each country. In Germany and Japan, for example, the population will not only grow older but may actually decline because of low birth rates. The United States will experience less aging, but its debate over reform treats seriously the possibility of privatizing public retirement commitments.

Population Ageing, Migration, and Social Expenditure

Population Ageing, Migration, and Social Expenditure
Author: José Alvarado
Publisher: Edward Elgar Publishing
Total Pages: 216
Release: 1998
Genre: Business & Economics
ISBN:

Studies the effects of population aging, with the associated factor of immigration, on social expenditure and public finance, with a focus on Australia. An introduction to major issues is followed by a discussion of demographic and economic aspects of the transition towards an older population taking place in industrialized countries. Impacts of aging on government budgets and the labor market are analyzed, and issues related to immigration are discussed. Emphasis is placed on the interaction between Australia's high immigration and its economy. Quantitative techniques are presented to produce projections of population and social expenditure for any country. Annotation copyrighted by Book News, Inc., Portland, OR

Future Directions for the Demography of Aging

Future Directions for the Demography of Aging
Author: National Academies of Sciences, Engineering, and Medicine
Publisher: National Academies Press
Total Pages: 409
Release: 2018-07-21
Genre: Social Science
ISBN: 0309474108

Almost 25 years have passed since the Demography of Aging (1994) was published by the National Research Council. Future Directions for the Demography of Aging is, in many ways, the successor to that original volume. The Division of Behavioral and Social Research at the National Institute on Aging (NIA) asked the National Academies of Sciences, Engineering, and Medicine to produce an authoritative guide to new directions in demography of aging. The papers published in this report were originally presented and discussed at a public workshop held in Washington, D.C., August 17-18, 2017. The workshop discussion made evident that major new advances had been made in the last two decades, but also that new trends and research directions have emerged that call for innovative conceptual, design, and measurement approaches. The report reviews these recent trends and also discusses future directions for research on a range of topics that are central to current research in the demography of aging. Looking back over the past two decades of demography of aging research shows remarkable advances in our understanding of the health and well-being of the older population. Equally exciting is that this report sets the stage for the next two decades of innovative researchâ€"a period of rapid growth in the older American population.