The Fiscal Challenge Of An Aging Industrial World

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The Fiscal Challenge of an Aging Industrial World

Author : Robert Stowe England
Publisher : Center for Strategic & International Studies
ISBN 13 :
Total Pages : 180 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Fiscal Challenge of an Aging Industrial World by : Robert Stowe England

Download or read book The Fiscal Challenge of an Aging Industrial World written by Robert Stowe England and published by Center for Strategic & International Studies. This book was released on 2002 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the coming half-century, the proportion of elderly in the populations of developed nations will nearly double, challenging the sustainability of old-age pensions and health care. This book examines the extent of that challenge and offers alternative probabilistic forecasts for the Group of Seven industrial nations (Canada, France, Germany, Italy, Japan, United Kingdom, United States). It examines the potential maximum life span, surveys life-extending medical advances, and considers the question of whether new breakthroughs will increase or decrease the costs of medical care.

Aging China

Author : Robert Stowe England
Publisher : Bloomsbury Publishing USA
ISBN 13 : 0313090947
Total Pages : 156 pages
Book Rating : 4.3/5 (13 download)

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Book Synopsis Aging China by : Robert Stowe England

Download or read book Aging China written by Robert Stowe England and published by Bloomsbury Publishing USA. This book was released on 2005-02-28 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: China, the world's most populous nation, will enter a period of rapid aging very shortly that will redefine that country. Between 2010 and 2040, the portion of people 65 and older will rise from around 7% to between 25 and 30% of the population. As China ages, can it retain the youthful dynamism now driving it? China, the world's most populous nation, will enter a period of rapid aging very shortly that will redefine that country. Between 2010 and 2040, the number of people 65 and older will rise from around 7% to between 25 and 30% of the population. As China ages, can it retain the youthful dynamism now driving it? This book is an effort to try to capture the broad outlines of the significant economic, market, social, and demographic factors that will shape the future of China and the role that aging will play in the whole mix of influences. Aging in developed societies and economies has been widely studied. In such nations as Japan, Germany, Italy, and Spain, for example, we know that as populations age, their societies decline, leaving fewer younger workers to support the growing number of people who will become dependent on costly health care systems, or whose basic needs, such as food and shelter, will need to be subsidized. But less work has been done in assessing the potential impact of aging in developing countries, where the majority of people may be working poor, not middle class—as in the case of China. As China restructures its economy, the old benefits packages previously available to urban workers (and not rural workers) are being replaced by a patchwork of benefits across a wide range of enterprises.

Meeting the Challenge of Global Aging

Author : CSIS Commission on Global Aging
Publisher : Center for Strategic & International Studies
ISBN 13 :
Total Pages : 100 pages
Book Rating : 4.X/5 (4 download)

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Book Synopsis Meeting the Challenge of Global Aging by : CSIS Commission on Global Aging

Download or read book Meeting the Challenge of Global Aging written by CSIS Commission on Global Aging and published by Center for Strategic & International Studies. This book was released on 2002 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economy faces a transition of unprecedented dimensions caused by rising old-age dependency and shrinking working-age populations among the world's largest economic powers. In an important respect, global aging represents a success story: the advent of mass survival into old age. But population aging is driven primarily by a decline in birthrates. Below-replacement birth rates over the past four decades have left Japan and Europe with the prospect of shrinking numbers of workers and consumers for much of the next half-century, while North America faces an abrupt slowing of labor force and population growth. These declines will occur even as the retirement of the postwar baby boom generation produces a large increase in pension-eligible populations across the developed world. For the nations directly affected, the likely consequences will include rising deficit pressures and slower economic growth. These problems will initially be felt in economies that today account for two-thirds of global output, which suggests that, in the absence of effective policy responses, global aging poses a significant threat to global prosperity. It was to examine and make recommendations on this cross-national challenge that the 85-member Commission on Global Aging -- consisting of leading voices from politics, business, civil society, and a range of academic disciplines from the United States, Japan, and Western Europe -- came together in 1999-2001 under the auspices of the CSIS Global Aging Initiative to develop policy recommendations for the countries most directly affected. This is the Commission's final report.

The New World Fiscal Order

Author : C. Eugene Steuerle
Publisher : University Press of America
ISBN 13 :
Total Pages : 304 pages
Book Rating : 4.:/5 (321 download)

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Book Synopsis The New World Fiscal Order by : C. Eugene Steuerle

Download or read book The New World Fiscal Order written by C. Eugene Steuerle and published by University Press of America. This book was released on 1996 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Governments of industrial countries throughout the world are losing control of their finances as expenses outstrip income and they are forced to borrow and thus pay interest rather than shape economic development. Budget, treasury, and financial officials; analysts from international organizations; and academics from the US, Europe, and Japan address the problem by examining the fiscal implications of changing demographics, the yoke of prior commitments, and fiscal policy and worldwide saving and investment. They conclude that the technical means for solving the problem exists, waiting only the political will to abandon prior commitments, finance present commitments, and save for future commitments. No index. Annotation copyright by Book News, Inc., Portland, OR

Global Trends 2040

Author : National Intelligence Council
Publisher : Cosimo Reports
ISBN 13 : 9781646794973
Total Pages : 158 pages
Book Rating : 4.7/5 (949 download)

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Book Synopsis Global Trends 2040 by : National Intelligence Council

Download or read book Global Trends 2040 written by National Intelligence Council and published by Cosimo Reports. This book was released on 2021-03 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

On Global Aging

Author : Jan B. Kune
Publisher : Springer Science & Business Media
ISBN 13 : 3642501702
Total Pages : 166 pages
Book Rating : 4.6/5 (425 download)

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Book Synopsis On Global Aging by : Jan B. Kune

Download or read book On Global Aging written by Jan B. Kune and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nearly all countries in the world are experiencing an aging of their populations due to declining fertility rates and rising longevity. Aging has been the subject of much discussion in the last decade, often expressed in alarmist language. On Global Aging presents a more optimistic look on the effects of aging on the economy. Nonetheless aging will pose major policy challenges on the well functioning of the economy and the society as a whole. The book describes and analyses the effects of population aging on social and economic issues, labour and financial markets, pension and health care expenditures and public finance, and the welfare of people. It surveys also the policy measures in the face of aging to secure the resource base. They are mainly aimed at increasing labour force participation and above all at stimulating productivity growth. The book is a valuable resource for practitioners and policy makers and the wider academic community, economists, social scientists, gerontologists and others.

The Fourth Industrial Revolution

Author : Klaus Schwab
Publisher : Currency
ISBN 13 : 1524758876
Total Pages : 192 pages
Book Rating : 4.5/5 (247 download)

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Book Synopsis The Fourth Industrial Revolution by : Klaus Schwab

Download or read book The Fourth Industrial Revolution written by Klaus Schwab and published by Currency. This book was released on 2017-01-03 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolution, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wearable sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manufacturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individuals. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frameworks that advance progress.

Who Will Pay? Coping with Aging Societies, Climate Change, and Other Long-Term Fiscal Challenges

Author : Mr.Peter S. Heller
Publisher : International Monetary Fund
ISBN 13 : 158906223X
Total Pages : 336 pages
Book Rating : 4.5/5 (89 download)

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Book Synopsis Who Will Pay? Coping with Aging Societies, Climate Change, and Other Long-Term Fiscal Challenges by : Mr.Peter S. Heller

Download or read book Who Will Pay? Coping with Aging Societies, Climate Change, and Other Long-Term Fiscal Challenges written by Mr.Peter S. Heller and published by International Monetary Fund. This book was released on 2003-11-05 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aging populations. Weather shocks. Scarce water. Globalization. Security threats. Policymakers today confront a number of developments that threaten to burden public budgets for decades to come, or bankrupt some entirely. This book argues that governments need to make policy changes now to take account of the potential fiscal consequences of these developments. After describing how, if at all, analysts, national governments, and international organizations currently address these long-term issues, the book stresses the vital need for a multipronged approach, involving strengthened analyses, greater attention to long-term issues and risk factors in budgeting, and institutional reforms that address the myopic biases of politicians and the public.

Global Aging and Financial Markets

Author : Robert Stowe England
Publisher : CSIS
ISBN 13 : 9780892063925
Total Pages : 100 pages
Book Rating : 4.0/5 (639 download)

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Book Synopsis Global Aging and Financial Markets by : Robert Stowe England

Download or read book Global Aging and Financial Markets written by Robert Stowe England and published by CSIS. This book was released on 2002 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: The retirement of the baby boom generation poses a challenge to the world's financial markets. This book examines the prospect that, after 2020, pension funds will have to pay out more in benefits than employers will be contributing, and it considers the extent to which individuals will liquidate equity holdings, or switch to bond holdings, or do both to sustain their living standards. The book examines the possibility that these changes will drive down equity values and bond returns.

Ageing in Advanced Industrial States

Author : Shripad Tuljapurkar
Publisher : Springer Science & Business Media
ISBN 13 : 9048135532
Total Pages : 333 pages
Book Rating : 4.0/5 (481 download)

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Book Synopsis Ageing in Advanced Industrial States by : Shripad Tuljapurkar

Download or read book Ageing in Advanced Industrial States written by Shripad Tuljapurkar and published by Springer Science & Business Media. This book was released on 2010-08-02 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: Population growth slowed across the world in the last decades of the 20th century, changing substantially our view of the future. The 21st century is likely to see the end to world population growth and become the century of population aging, marked by low fertility and ever-increasing life expectancy. These trends have prompted many to predict a gloomy future caused by an unprecedented economic burden of population aging. In response, industrialized nations will need to implement effective social and economic policies and programs. This is the final volume in a series of three. The papers included explore many examples and strengthen the basis for effective economic and social policies by investigating the economic, social, and demographic consequences of the transformations in the structures of population and family. These consequences include changes in economic behavior, both in labor and financial markets, and with regard to saving and consumption, and intergenerational transfers of money and care.

Commentaries on International Political Economy

Author : Sidney Weintraub
Publisher : CSIS
ISBN 13 : 9780892064403
Total Pages : 228 pages
Book Rating : 4.0/5 (644 download)

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Book Synopsis Commentaries on International Political Economy by : Sidney Weintraub

Download or read book Commentaries on International Political Economy written by Sidney Weintraub and published by CSIS. This book was released on 2004 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Collection of essays written between 2000 and 2003

The Economics of Aging

Author : David A. Wise
Publisher : University of Chicago Press
ISBN 13 : 0226903222
Total Pages : 428 pages
Book Rating : 4.2/5 (269 download)

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Book Synopsis The Economics of Aging by : David A. Wise

Download or read book The Economics of Aging written by David A. Wise and published by University of Chicago Press. This book was released on 2009-05-15 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economics of Aging presents results from an ongoing National Bureau of Economic Research project. Contributors consider the housing mobility and living arrangements of the elderly, their labor force participation and retirement, the economics of their health care, and their financial status. The goal of the research is to further our understanding both of the factors that determine the well-being of the elderly and of the consequences that follow from an increasingly older population with longer individual life spans. Each paper is accompanied by critical commentary.

China 2049

Author : David Dollar
Publisher : Brookings Institution Press
ISBN 13 : 0815738064
Total Pages : 444 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis China 2049 by : David Dollar

Download or read book China 2049 written by David Dollar and published by Brookings Institution Press. This book was released on 2020-06-09 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: How will China reform its economy as it aspires to become the next economic superpower? It's clear that China is the world's next economic superpower. But what isn't so clear is how China will get there by the middle of this century. It now faces tremendous challenges such as fostering innovation, dealing with ageing problem and coping with a less accommodative global environment. In this book, economists from China's leading university and America's best-known think tank offer in depth analyses of these challenges. Does China have enough talent and right policy and institutional mix to transit from input-driven to innovation-driven economy? What does ageing mean, in terms of labor supply, consumption demand and social welfare expenditure? Can China contain the environmental and climate change risks? How should the financial system be transformed in order to continuously support economic growth and keep financial risks under control? What fiscal reforms are required in order to balance between economic efficiency and social harmony? What roles should the state-owned enterprises play in the future Chinese economy? In addition, how will technological competition between the United States and China affect each country's development? Will the Chinese yuan emerge as a major reserve currency, and would this destabilize the international financial system? What will be China's role in the international economic institutions? And will the United States and other established powers accept a growing role for China and the rest of the developing world in the governance of global institutions such as the World Trade Organization and the International Monetary Fund, or will the world devolve into competing blocs? This book provides unique insights into independent analyses and policy recommendations by a group of top Chinese and American scholars. Whether China succeeds or fails in economic reform will have a large impact, not just on China's development, but also on stability and prosperity for the whole world.

How The West Grew Rich

Author : Nathan Rosenberg
Publisher :
ISBN 13 : 0786723483
Total Pages : 370 pages
Book Rating : 4.7/5 (867 download)

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Book Synopsis How The West Grew Rich by : Nathan Rosenberg

Download or read book How The West Grew Rich written by Nathan Rosenberg and published by . This book was released on 2008-08-01 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: How did the West--Europe, Canada, and the United States--escape from immemorial poverty into sustained economic growth and material well-being when other societies remained trapped in an endless cycle of birth, hunger, hardship, and death? In this elegant synthesis of economic history, two scholars argue that it is the political pluralism and the flexibility of the West's institutions--not corporate organization and mass production technology--that explain its unparalleled wealth.

Economics and Ageing

Author : José Luis Iparraguirre
Publisher : Springer
ISBN 13 : 3319933574
Total Pages : 325 pages
Book Rating : 4.3/5 (199 download)

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Book Synopsis Economics and Ageing by : José Luis Iparraguirre

Download or read book Economics and Ageing written by José Luis Iparraguirre and published by Springer. This book was released on 2018-12-05 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: This upper level textbook provides a coherent introduction to the economic implications of individual and population ageing. Placing economic considerations into a wider social sciences context, this is ideal reading not only for advanced undergraduate and masters students in economics, health economics and the economics of ageing, but also policy makers, students, professionals and practitioners in gerontology, sociology, health-related sciences and social care. This volume discusses the fiscal implications of ageing, health economics and long-term care. Fiscal policy issues include generational accounting and national transfer accounts, the relationship between ageing, public expenditure and fiscal policy, the age profiles of public expenditures and taxes, and the relationship between ageing, capital and labour taxation. Health economics with regard to ageing comprises healthy and disability-free life expectancy, the relationship between health inequalities and age, the macroeconomic implications of population health, the socio-economic determinants of health, the interaction between ageing and both individual and aggregate health expenditure, and economic approaches to valuing later life. This volume closes with an exposition of the economics of formal and informal care, as well as questions around insurance, risk and the so-called `sandwich generation'.

Winning the Global Talent Showdown

Author : Edward E. Gordon
Publisher : ReadHowYouWant.com
ISBN 13 : 1458777596
Total Pages : 386 pages
Book Rating : 4.4/5 (587 download)

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Book Synopsis Winning the Global Talent Showdown by : Edward E. Gordon

Download or read book Winning the Global Talent Showdown written by Edward E. Gordon and published by ReadHowYouWant.com. This book was released on 2010-06 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the next few years the world will be facing a huge talent shortage. Demographic trends in America, Europe, Russia, and Japan are reducing the pool of new workers. As the need for talent grows, China's and India's educational systems won't be able to produce enough qualified graduates for themselves, let alone the rest of the world. But the he...

Special Economic Zones

Author : Thomas Farole
Publisher : World Bank Publications
ISBN 13 : 0821387634
Total Pages : 347 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Special Economic Zones by : Thomas Farole

Download or read book Special Economic Zones written by Thomas Farole and published by World Bank Publications. This book was released on 2011-08-01 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt: For countries as diverse as China and Mauritius, Special Economic Zones (SEZs) have been a powerful tool to attract foreign investment, promote export-oriented growth, and generate employment; for many others, the results have been less than encouraging. While the benefits and limitations of zones will no doubt continue to be debated, what is clear is that policymakers are increasingly attracted to them as an instrument of trade, investment, industrial, and spatial policy. Since the mid 1980s, the number of newly-established zones has grown rapidly in almost all regions, with dramatic growth in developing countries. In parallel with this growth and in the evolving context of global trade and investment, zones are also undergoing significant change in both their form and function, with traditional export processing zones (EPZs) increasingly giving way to larger and more flexible SEZ models. This new context will bring significant opportunities for developing countries to take advantage of SEZs, but will also raise new challenges to their successful design and implementation. This volume aims to contribute to a better understanding of the role and practice of SEZs in developing countries, in order to better equip policymakers in making effective decisions in planning and implementing SEZ programs. It covers some of the emerging issues and challenges in SEZs including upgrading, regional integration, WTO compliance, innovation, the environment, and gender issues with practical case examples from SEZ programs in developing countries.