Publication series : Occasional Papers
Author: Mr. Edgardo Ruggiero Mr. Peter S. Heller Mr. Menachem Katz Mr. Robert Alan Feldman Mr. Richard Hemming Mr. Peter Kohnert Ziba Farhadian Mr. Donogh McDonald Ahsan S. Mansur Mr. Bernard Nivollet
Publisher: INTERNATIONAL MONETARY FUND
Publication year: 1986
E-ISBN: 9781452787336
P-ISBN(Paperback): 9780939934683
Subject: F810.45 fiscal expenditure
Language: ENG
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Description
Most of the seven major industrial countries are now experiencing significant changes in their demographic structure. A persistent pattern of declining fertility and improving life expectancy has created major segments of the population that are already relatively aged or will become so in the near future. This paper examines the impact of prospective demographic trends on the level and structure of social expenditure by the governments of the seven major industrial countries (the Group of Seven) through the year 2025.