Economic Policy For Aging Societies
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Economic Policy For Aging Societies
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Author : Horst Siebert
language : en
Publisher: Springer Science & Business Media
Release Date : 2002-08-02
Economic Policy For Aging Societies written by Horst Siebert and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-08-02 with Political Science categories.
In this volume, economists discuss the long-run consequences of aging societies. Using theoretical economic models, long-term projections and simulations, and econometric analysis, answers to the following questions are given: What are the economic consequences for consumption patterns, the supply of labor, capital accumulation, productivity, and the international flow of capital? Where are the political consequences for pension systems, health care and immigration policy? And what changes in politics are needed to handle the issues of populations that age markedly?
Social Policy In An Ageing Society
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Author : D. Reisman
language : en
Publisher: Edward Elgar Publishing
Release Date : 2009-01-01
Social Policy In An Ageing Society written by D. Reisman and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-01-01 with Business & Economics categories.
Around half the world s population live in countries where the fertility rate is far below the replacement rate and where life expectancy is increasing dramatically. Using Singapore as a case study, Social Policy in an Ageing Society explores what might happen in a dynamic and prosperous society when falling births, longer life expectancy and rising expectations put disproportionate pressure on scarce resources that have alternative uses. David Reisman investigates the challenges facing Singapore, where a rapidly rising median age and the growing pressure of the elderly upon medical attention are threatening to disrupt the economic and even the political status quo. The dependency of the old upon the young is becoming a financial and an emotional burden. Health care is swelling in quantity and price. Voluntary and compulsory savings are being used up. New demands for pensions and subsidies are challenging the national ideology of family network and self-reliance. Despite a wealth of prospective problems, the author argues that viable solutions can be found. Discretionary savings can increase. Reverse mortgages can monetise owner-occupied property. A higher participation rate can give the elderly the opportunity to earn a living for themselves. This book concludes that public policy must play its part in facilitating these solutions. It must ensure that the old retain their dignity. The old should not lie where they fall. This comprehensive, intelligible and highly original cross-disciplinary study will appeal to a wide-ranging audience. Readers will include academics, researchers and students with an interest in health economics, the economics of development, social policy and administration, public policy and the socio-economic aspects of medicine.
The Aging Population And The Competitiveness Of Cities
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Author : Peter Karl Kresl
language : en
Publisher: Edward Elgar Publishing
Release Date : 2010-01-01
The Aging Population And The Competitiveness Of Cities written by Peter Karl Kresl and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-01-01 with Social Science categories.
While much of the current literature on the economic consequences of an aging population focuses on the negative aspects, this enlightening book argues that seniors can bring significant benefits such as vitality and competitiveness to an urban economy. The authors illustrate the ways an aging population can have a positive impact on urban centers, including the move by large numbers of seniors from the suburbs to the city, where their disproportionate consumption of education and the arts helps rejuvenate city centers. Given this, the authors conclude that a large and active senior population has the potential to assist a city in the achievement of its strategic economic objectives. The book includes analyses of the effects of population aging on best practices in 40 cities in the US and EU, with surprising results, as well as interviews with city officials and leaders. Academics, researchers and public officials in the areas of urban development, public policy and aging will find much in this original approach to interest and provoke debate.
The Political Economy Of Population Aging
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Author : Kimiko Terai
language : en
Publisher: Springer Nature
Release Date : 2021-09-21
The Political Economy Of Population Aging written by Kimiko Terai and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-09-21 with Business & Economics categories.
This book integrates the economics of aging and insight based on political economy and explores generational conflict in the context of governmental spending. This problem is general, as the Covid-19 pandemic has highlighted: lockdowns protect the elderly, but hurt the young. Policies to address global warming impose taxes on the elderly, but would bring benefits largely in the future. This book addresses intergenerational problems by placing its focus on budget allocation, taxation, and regulation. By using Japanese and US data, the authors conduct statistical analysis of whether regions with aging populations may adopt policies that generate benefits during a short period of time instead of policies that could benefit current young generations for an extended period of time. If the policy preferences of voters depend on their age, and if policy adoption by a government reflects public opinion, the change in demographic composition in a region may affect governmental policies. In an aged society, the elderly are pivotal voters. Budgets may be reallocated from policies favored by younger generations, such as education, to policies the elderly prefer, such as welfare programs. This generates an intergenerational externality problem: voters with short life expectancy do not take into consideration long-term benefits. Moreover, the current tax bases may be replaced by other tax bases that do not harm the elderly. The results reported in the book largely support these hypotheses. Evidence also shows that the gender and racial composition and institutional factors, including the extent of fiscal decentralization, are important in anticipating effects of population aging in other countries.
Aging Nation
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Author : James H. Schulz
language : en
Publisher: Bloomsbury Publishing USA
Release Date : 2006-10-30
Aging Nation written by James H. Schulz and has been published by Bloomsbury Publishing USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-10-30 with Political Science categories.
With the impending retirement of some 76 million Baby Boomers, understanding the economic, political, and social issues related to the aging population is paramount. If the doom-and-gloomers have their way, the elderly will be put out to pasture, with inadequate health care and financial resources, and a crumbling social welfare system. In Aging Nation, renowed experts in the field, James Schulz and Robert Binstock, agree that there is considerable cause for concern, but with a variety of sound policies and programs in place and smart individual choices, the elderly can prosper, and a demographic tsunami is not inevitable. Drawing from the most current data, the authors provide in-depth analysis of the nation's evolving private and public policies on retirement, faltering employer pensions, health care, workplace conditions, and entitlement programs, and consider such timely issues as poverty among the elderly, rejoining the workforce after retirement, Social Security and health care reform, and the rise of the elderly as a powerful political force. Dispelling popular myths and misconceptions that are perpetrated by politicians and pundits alike, they provide a comprehensive and balanced assessment of the issues and their impact on everyone, old and young. Deserving poor or greedy geezers? The debate rages on. In a period of huge government deficits and the impending retirement of some 76 million Baby Boomers, understanding the economic, political, and social issues related to the aging population is paramount. The policy debates have never been more contentious; they range from deciding who should receive limited subsidized housing and medical services to the ongoing battle over saving Social Security and other entitlement programs. If the doom-and-gloomers have their way, the elderly will be put out to pasture, with inadequate health care and financial resources, and a crumbling social welfare infrastructure that will implode under the strain of intergenerational conflict. This book debunks most aging crises put forth by merchants of doom and offers a new policy focus for our nation. In Aging Nation, renowned experts in the field, James Schulz and Robert Binstock, agree that there is considerable cause for concern, but with a variety of sound policies and programs in place and smart individual choices, the elderly can prosper, and a demographic tsunami is not inevitable. Drawing from the most current data, the authors provide in-depth analysis of the nation's evolving private and public policies on retirement, faltering employer pensions, health care, workplace conditions, and entitlement programs, and consider such timely issues as poverty among the elderly, rejoining the workforce after retirement, Social Security and health care reform, and the rise of the elderly as a powerful political force. Dispelling popular myths and misconceptions that are perpetrated by politicians and pundits alike, they provide a comprehensive and balanced assessment of these issues and their impact on everyone, old and young.
Economic Foundations For Creative Ageing Policy Volume Ii
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Author : Andrzej Klimczuk
language : en
Publisher: Springer
Release Date : 2016-12-15
Economic Foundations For Creative Ageing Policy Volume Ii written by Andrzej Klimczuk and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-12-15 with Political Science categories.
Aging populations are a major consideration for socio-economic development in the early 21st century. This demographic change is mainly seen as a threat rather than as an opportunity to improve the quality of human life. Aging population is taking place in every continent of the world with Europe in the least favourable situation due to its aging population and reduction in economic competitiveness. Economic Foundations for Creative Aging Policy offers public policy ideas to construct positive answers for ageing populations. This exciting new volume searches for economic solutions that can enable effective social policy concerning the elderly. Klimczuk covers theoretical analysis and case study descriptions of good practices, to suggest strategies that could be internationally popularised.
The Political Future Of Social Security In Aging Societies
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Author : Vincenzo Galasso
language : en
Publisher: MIT Press
Release Date : 2006
The Political Future Of Social Security In Aging Societies written by Vincenzo Galasso and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Business & Economics categories.
A quantitative analysis of the political sustainability of social security reform in France, Germany, Italy, Spain, the UK, and the US, with the suggestion that population aging will lead to more pension spending and that raising the retirement age is the most politically viable reform measure.
Aging In China
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Author : Sheying Chen
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-02-02
Aging In China written by Sheying Chen and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-02-02 with Family & Relationships categories.
China, which is fast on its way to becoming the most powerful economic force in the world, has four unique characteristics that distinguish it from other countries in Asia: (1) The proportion of aging population is growing faster than that of Japan (the country previously recognized as having the fastest rate) and much faster than nations in western Europe. (2) An early arrival of an aging population before modernization has fully taken place, with social policy implications. It is certain that China will face a severely aged population before it has sufficient time and resources to establish an adequate social security and service system for older people. (3) There will be fluctuations in the total dependency ratio. The Chinese government estimates are that the country will reach a higher dependent burden earlier in the twenty-first century than was previously forecast. (4) The government’s fertility policy (single child per family) and its implementation has a strong influence on the aging process. Fewer children are being born, but with more elderly people a conflict arises between the objectives to limit population increase and yet maintain a balanced age structure (Peng and Guo 2001). The intersection of these fourfold factors means that the increased aging population is giving rise to serious concerns among Chinese social policy makers. There is a chronic lack of good resource materials that attempt to make sense of social policy in its relationship to examining the problems and possibilities of human aging grounded in an analysis of economic of social policy in China and impact on rural and urban spaces. Such analysis of China will be covered by conceptual, theoretical, and empirical approaches. The book will also discuss substantive topics of housing, community care, family care, pensions, and mental health. The book brings together a truly world class array of researchers to provide discussions of critical implications of aging social policy and the economic impact in China.
Population Aging And The Generational Economy
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Author : Ronald Demos Lee
language : en
Publisher: Edward Elgar Publishing
Release Date : 2011-01-01
Population Aging And The Generational Economy written by Ronald Demos Lee and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-01-01 with Social Science categories.
'While there already exists a crowded body of publications addressing the effect of an aging population on the economy, this monograph is most outstanding in presenting a global, in-depth analysis of the implications thereby generated for 23 developed and developing countries. . . Scholars, researchers, and practitioners everywhere will benefit immensely from this comprehensive work.' – H.I. Liebling, Choice 'Ron Lee and Andrew Mason's Population Aging and the Generational Economy is a demographic and economic tour-de-force. Their collaborative, intercontinental. . . study of aging, consumption, labor supply, saving, and private and public transfers is the place to go to understand global aging and its myriad and significant economic challenges and opportunities.' – Laurence Kotlikoff, Boston University, US 'The culmination of. . . work by Lee, Mason, and their collaborators from around the world to extend Samuelson's framework to accommodate realistic demography, empirical measurement of age-specific earnings, consumption, tax payments, and benefit receipts, the studies. . . demonstrate the power of this integrated economic-demographic framework to advance our understanding of critical public policy challenges faced by countries at different stages of demographic transition and population aging.' – Robert Willis, University of Michigan, US 'Lee and Mason have done scholars and practitioners a magnificent service by undertaking this comprehensive, compelling, and supremely innovative examination of the economic consequences of changes in population age structure. The book is a bona fide crystal ball. It will be a MUST READ for the next decade!' – David Bloom, Harvard School of Public Health, US 'Population Aging and the Generational Economy provides an encompassing account of what we know about population aging and the impact that this process will have on our economies. It does not confine itself to the advanced industrial countries, where aging has already been largely studied, but adopts a truly global perspective. I am sure it will become a key reference for researchers, students and those involved in policy-making in areas that are affected by population aging.' – Giuliano Bonoli, Swiss Graduate School of Public Administration (IDHEAP), Switzerland Over coming decades, changes in population age structure will have profound implications for the macroeconomy, influencing economic growth, generational equity, human capital, saving and investment, and the sustainability of public and private transfer systems. How the future unfolds will depend on key actors in the generational economy: governments, families, financial institutions, and others. This path-breaking book provides a comprehensive analysis of the macroeconomic effects of changes in population age structure across the globe. The result of a substantial seven-year research project involving over 50 economists and demographers from Africa, Asia, Europe, Latin America, and the United States, the book draws on a new and comprehensive conceptual framework – National Transfer Accounts – to quantify the economic lifecycle and economic flows across generations. It presents comprehensive estimates of both public and private economic flows between generations, and emphasizes the global nature of changes in population age structure that are affecting rich and poor countries alike. This unique and informative book will prove an invaluable reference tool for a wide-ranging audience encompassing students, researchers, and academics in fields such as demography, aging, public finance, economic development, macroeconomics, gerontology, and national income accounting; for policy-makers and advisers focusing on areas of the public sector such as education, health, pensions, other social security programs, tax policy, and public debt; and for policy analysts at international agencies such as the World Bank, the IMF, and the UN.
The Economic Implications Of Aging Societies
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Author : Steven A. Nyce
language : en
Publisher: Cambridge University Press
Release Date : 2005-01-17
The Economic Implications Of Aging Societies written by Steven A. Nyce and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-01-17 with Business & Economics categories.
This book documents challenging consequences aging societies face: fewer workers, stretched pensions, questionable economic sustainability.