Aging : Some Pleasant Fiscal Arithmetic

Some Pleasant Fiscal Arithmetic

Aging : Some Pleasant Fiscal Arithmetic
Projections of age-related public expenditure growth have raised widespread concerns about fiscal sustainability. This paper examines how total expenditure would develop under four policy rules on public expenditure growth. Some simple arithmetic of expenditure, GDP, and population is reviewed and applied in simulations for 19 member countries... READ MORE...

Publication date: April 2005
ISBN 9781451860900
$15.00

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