Global aging pressures : impact of fiscal adjustment, policy cooperation, and structural reforms /

Global aging pressures : impact of fiscal adjustment, policy cooperation, and structural reforms /

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Bibliographic Details
Author / Creator:	Botman, Dennis (Dennis Petrus Johannes), author.
Imprint:	[Washington, D.C.] : International Monetary Fund, Fiscal Affairs Dept., ©2007.
Description:	1 online resource (58 pages) : illustrations
Language:	English
Series:	IMF working paper ; WP/07/196 IMF working paper ; WP/07/196.
Subject:	Aging -- Economic aspects -- Econometric models. Fiscal policy -- Econometric models. Structural adjustment (Economic policy) -- Econometric models. Population -- Economic aspects -- Econometric models. Capital movements -- Econometric models. Saving and investment -- Econometric models. Capital movements -- Econometric models. Fiscal policy -- Econometric models. Population -- Economic aspects -- Econometric models. Saving and investment -- Econometric models. Structural adjustment (Economic policy) -- Econometric models.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12496438

Hidden Bibliographic Details
Other authors / contributors:	Kumar, Manmohan S., author. International Monetary Fund. Fiscal Affairs Department.
ISBN:	1283364093 9781283364096
Notes:	Includes bibliographical references (pages 55-58). Restrictions unspecified Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010. 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. http://purl.oclc.org/DLF/benchrepro0212 digitized 2010 HathiTrust Digital Library committed to preserve Print version record.
Summary:	Demographic pressures will materialize in many economies over the next few decades. We examine the macroeconomic impact of alternative fiscal adjustment and structural reform strategies to address these global aging pressures using the IMF's Global Fiscal Model (GFM). The results suggest substantial spillover effects of aging through international financial channels. To maintain sustainability, fiscal adjustment needs to be broad-based, while avoiding increases in direct taxes. There are substantial benefits from fiscal cooperation, while negative growth effects can be offset by complementary structural reforms in product and labor markets with the benefits accruing early and to all income groups.
Other form:	Print version: Botman, Dennis (Dennis Petrus Johannes). Global aging pressures. [Washington, D.C.] : International Monetary Fund, Fiscal Affairs Dept., ©2007

Description
Summary:	Demographic pressures will materialize in many economies over the next few decades. We examine the macroeconomic impact of alternative fiscal adjustment and structural reform strategies to address these global aging pressures using the IMF's Global Fiscal Model (GFM). The results suggest substantial spillover effects of aging through international financial channels. To maintain sustainability, fiscal adjustment needs to be broad-based, while avoiding increases in direct taxes. There are substantial benefits from fiscal cooperation, while negative growth effects can be offset by complementary structural reforms in product and labor markets with the benefits accruing early and to all incomegroups.
Physical Description:	1 online resource (58 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 (pages 55-58).
ISBN:	1283364093 9781283364096