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Title:Fiscal implications of ageing: projections of age-related spending
Journal:OECD Economic Outlook
2001 : JUN, VOL. 69, p. 145-168
Index terms:FISCAL POLICY
FINANCE
EXPENDITURE
OLD PEOPLE
Language:eng
Abstract:The paper examines the public finance developments in the Organization for Economic Co-Operation and Development countries. The paper provides the projections for public expenditures and levels of old-age spending in 2000. The article also pays attention to patterns of old-age spending in 2050 and the impact of deficits on debt. The paper also considers the reformation of existing policies for age-related spending. The paper provides 10 charts and 6 graphs. The article states that new projections provide information on the fiscal impact of ageing to 2050 for OECD countries. Country projections are based on different models, but broad cross-country consistency has been achieved.
SCIMA record nr: 229891
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