The Fiscal Cost of Aging in Belgium

The Fiscal Cost of Aging in Belgium
Author: Mr. Jean-Jacques Hallaert
Publisher: International Monetary Fund
Total Pages: 33
Release: 2023-12-19
Genre: Business & Economics
ISBN:

Belgium faces a fiscal consolidation challenge at a time when the fiscal cost of aging—primarily related to pension and health outlays—is mounting. Pension spending will increase relatively fast unless a combination of measures related to pension generosity and retirement eligibility are put in place. Potential efficiency gains are large in the health sector and could absorb part of the fiscal and reorganization costs related to an aging population.

Belgium

Belgium
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 55
Release: 2003-03-04
Genre: Business & Economics
ISBN: 1451803184

This Selected Issues paper analyzes fiscal devolution in Belgium. It examines long-term fiscal strategies for meeting the fiscal burden of population aging. The paper presents estimates of the fiscal costs of population aging in Belgium, and discusses their sensitivity to underlying assumptions. Strategies for meeting the fiscal costs of aging are discussed. Specifically, a strategy of swift debt reduction is discussed to see what budget surplus would be needed to reduce debt and interest payments rapidly enough to finance these costs. Alternative policy options are also discussed to show the consequences of delayed fiscal adjustment.

Belgium

Belgium
Author: International Monetary Fund. European Dept.
Publisher: International Monetary Fund
Total Pages: 48
Release: 2023-12-08
Genre: Business & Economics
ISBN:

Belgium: Selected Issues

Global Trends 2040

Global Trends 2040
Author: National Intelligence Council
Publisher: Cosimo Reports
Total Pages: 158
Release: 2021-03
Genre:
ISBN: 9781646794973

"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

Global Aging

Global Aging
Author: United States. Congress. Senate. Special Committee on Aging
Publisher:
Total Pages: 172
Release: 2003
Genre: Social Science
ISBN:

The Economic Implications of Aging Societies

The Economic Implications of Aging Societies
Author: Steven A. Nyce
Publisher: Cambridge University Press
Total Pages: 428
Release: 2005-01-17
Genre: Business & Economics
ISBN: 9780521617246

This book documents challenging consequences aging societies face: fewer workers, stretched pensions, questionable economic sustainability.

OECD Economic Surveys: Belgium 2007

OECD Economic Surveys: Belgium 2007
Author: OECD
Publisher: OECD Publishing
Total Pages: 138
Release: 2007-03-13
Genre:
ISBN: 9264031871

This 2007 edition of OECD's periodic survey of the Belgium economy examines challenges Belgium faces over the medium term including fiscal sustainability, boosting employment, and improving incentives in tertiary education. This edition's special feature examines financial liberalisation.

OECD Economic Surveys: Belgium 2015

OECD Economic Surveys: Belgium 2015
Author: OECD
Publisher: OECD Publishing
Total Pages: 110
Release: 2015-02-04
Genre:
ISBN: 9264227865

This 2015 OECD Economic Survey of Belgium examines recent economic developments, policies and prospects. Special chapters cover integration of immigrants and the housing sector.

OECD Economic Surveys: Belgium 2001

OECD Economic Surveys: Belgium 2001
Author: OECD
Publisher: OECD Publishing
Total Pages: 156
Release: 2001-03-15
Genre:
ISBN: 9264192204

This 2001 edition of OECD's periodic review of Belgium's economy examines recent economic developments, policies and prospects and includes special features on progress in structural reform and encouraging environmentally sustainable growth.