The Economic Implications of Aging Societies: The Costs of Living Happily Ever After

The Economic Implications of Aging Societies: The Costs of Living Happily Ever After

by Steven A. Nyce, Sylvester J. Schieber
     
 

The Economic Implications of Aging Societies describes current trends in birth rates, longevity, and labor force participation and productivity, the cross-border flow of capital, the globalization of labor markets, the financial viability of social insurance programs, and the ways economic output is shared between working-age and retiree populations. There is no… See more details below

Overview

The Economic Implications of Aging Societies describes current trends in birth rates, longevity, and labor force participation and productivity, the cross-border flow of capital, the globalization of labor markets, the financial viability of social insurance programs, and the ways economic output is shared between working-age and retiree populations. There is no single magic-bullet solution to the demographic shortfalls ahead. Our most effective solution will likely be a multifaceted one: more workers, longer careers, higher productivity, and more global exchange and cooperation. There is no denying that challenges lie ahead, but delaying treatment will likely necessitate even stronger medicine and portend a more dismal prognosis.

Product Details

ISBN-13:
9780521617246
Publisher:
Cambridge University Press
Publication date:
01/28/2005
Pages:
396
Product dimensions:
5.98(w) x 8.98(h) x 1.10(d)

Table of Contents

1Introduction1
2Population developments in a global context8
3Pension options, motivations and choices35
4Pension structures and the implications of aging81
5Retirement systems and the economic costs of aging107
6Beyond pensions to health care considerations129
7Labor supply and living standards154
8Too many wants or too few workers?195
9Alternatives to finding more workers214
10Aligning retirement policy with labor needs234
11Funding pensions and securing retiree claims264
12Macroeconomic policies for improved living standards290
13Risks associated with alternative public policies315
14Roadmap to the future351

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