haku: @journal_id 7 / yhteensä: 1856
viite: 247 / 1856
| Tekijä: | Raffelhuschen, B. |
| Otsikko: | Generational accounting in Europe |
| Lehti: | American Economic Review
1999 : MAY, VOL. 89:2, p. 167-170 |
| Asiasana: | ECONOMICS ACCOUNTING EUROPE |
| Kieli: | eng |
| Tiivistelmä: | In most member states of the European Union (EU), issues concerning sound and sustainable finances are high on the political agenda. Ever-growing debt burdens induce rising interest payments and force politicians to economize on other spending items. Throughout the EU there is also a clear and urgent need to reform the welfare state since population aging and rising unemployment impose increasing constraints on generous welfare programs. This paper briefly reports the findings of 12 country studies that investigate the impact of the demographic transition on the intergenerational stance of current fiscal policy within the EU. |
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