The Fiscal Cost Of Aging In Belgium
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The Fiscal Cost Of Aging In Belgium
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Author : Mr. Jean-Jacques Hallaert
language : en
Publisher: International Monetary Fund
Release Date : 2023-12-19
The Fiscal Cost Of Aging In Belgium written by Mr. Jean-Jacques Hallaert and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-12-19 with Business & Economics categories.
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
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2003-03-04
Belgium written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-03-04 with Business & Economics categories.
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
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Author : International Monetary Fund. European Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2023-12-08
Belgium written by International Monetary Fund. European Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-12-08 with Business & Economics categories.
Belgium: Selected Issues
Belgium Selected Issues
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Author :
language : en
Publisher:
Release Date : 2003
Belgium Selected Issues written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Belgium categories.
Belgium
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Author : INTERNATIONAL MONETARY. FUND
language : en
Publisher:
Release Date : 2016
Belgium written by INTERNATIONAL MONETARY. FUND and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with Electronic books categories.
This paper discusses economic development and policies of Belgium. The new government has taken important steps to support job creation and address the cost of aging-notably through wage moderation, pension reform, and a tax shift. But growth prospects remain mediocre, public debt very high, and the labor market severely fragmented. The central task is to achieve a lasting reduction in public debt while nurturing the recovery and social cohesion. The government's goal of achieving structural fiscal balance by 2018 is laudable but ambitious-with almost two percent of GDP of measures yet to be i.
Oecd Economic Surveys Belgium 2007
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2007-03-13
Oecd Economic Surveys Belgium 2007 written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-03-13 with categories.
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 2009
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2009-07-08
Oecd Economic Surveys Belgium 2009 written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-07-08 with categories.
This 2009 edition of OECD's periodic survey of Belgium explores how Belgium should cope with the economic crisis and includes chapters on securing fiscal sustainability, improving fiscal federalism, reforming the tax system, and promoting ...
Belgium Article Iv Consultation
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Author :
language : en
Publisher:
Release Date : 2009
Belgium Article Iv Consultation written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Belgium categories.
The Economic Consequences Of Ageing Populations
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Author : Kieran McMorrow
language : en
Publisher:
Release Date : 1999
The Economic Consequences Of Ageing Populations written by Kieran McMorrow and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Aging categories.
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.