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9780892063932

The Macroeconomic Impact of Global Aging: A New Era of Economic Frailty?

by ;
  • ISBN13:

    9780892063932

  • ISBN10:

    0892063939

  • Format: Paperback
  • Copyright: 2002-11-01
  • Publisher: Rowman & Littlefield Pub Inc
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List Price: $18.95

Summary

Over the next 50 years the workforce in most developed nations will decline while the proportion of elderly will nearly double. The change is expected to lead to sluggish growth rates and to put a brake on rising living standards. This book reviews and analyzes major econometric studies of the macroeconomic impact of rising old-age dependency ratios. It also examines the potential for gains in productivity and technological innovations to counter the effect of global aging.

Table of Contents

List of Figures and Tables
vi
Foreword viii
Introduction xi
The Perils and Promise of Forecasting
1(7)
The IMF Models the Impact of Aging
8(11)
The OECD Models the Impact of Aging
19(37)
The European Commission Models the Impact of Aging
56(19)
How Strong Is the Tie between Aging and Lower Saving?
75(21)
What Role Will the New Economy Play?
96(13)
Epilogue 109(4)
Bibliography 113(9)
Index 122(7)
About the Author 129

Supplemental Materials

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