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How to Assess Fiscal Implications of Demographic Shifts
Mr.David Amaglobeli
Wei Shi
其他書名
A Granular Approach
出版
International Monetary Fund
, 2016-09-27
主題
Social Science / Demography
Business & Economics / Labor / General
Business & Economics / Public Finance
ISBN
1475536070
9781475536072
URL
http://books.google.com.hk/books?id=cJkYEAAAQBAJ&hl=&source=gbs_api
EBook
SAMPLE
註釋
Over the next few decades, the world will experience significant demographic shifts, with material fiscal implications. In many advanced and emerging market economies, aging populations will lead to higher spending on pensions and health care. Moreover, projected population dynamics will adversely affect growth and government revenues. Building on and extending a 2015 IMF Staff Discussion Note by Clements and others, this note presents a simple framework that can assist researchers in quantifying the effects of demographic changes resulting from population aging on government fiscal balances. It includes two country applications of the framework and an associated template. The note addresses several key questions: What are channels through which demographic changes could affect public finances? How can we quantify the fiscal impact of demographic changes? How can we tailor the assessment to country-specific circumstances?