Population aging and global capital flows in a parallel universe /
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| Author / Creator: | Brooks, Robin. |
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| Imprint: | [Washington, D.C.] : International Monetary Fund, Research Dept., ©2000. |
| Description: | 1 online resource (30 pages) : illustrations |
| Language: | English |
| Series: | IMF working paper ; WP/00/151 IMF working paper ; WP/00/151. |
| Subject: | |
| Format: | E-Resource Book |
| URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12496281 |
| Summary: | This paper explores the global impact of population aging, using a calibrated overlapping generations model of eight world regions to simulate the effects of historical and projected demographic trends on international capital flows. The simulations show that there will be a turning point in regional savings - investment balances between 2010 and 2030 when the European Union and North America will experience a substantial decline in savings relative to investment as their populations age rapidly. This shift will be financed by capital flows from less developed regions which are projected to become capital exporters. |
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| Physical Description: | 1 online resource (30 pages) : illustrations |
| Format: | Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. |
| Bibliography: | Includes bibliographical references (page 30). |
| ISBN: | 145190214X 9781451902143 1462381154 9781462381159 1282107771 9781282107779 9786613801128 6613801127 |