Aging and Social Expenditure in the Major Industrial Countries, 1980-2025

Edgardo Ruggiero, Peter Heller, Menachem Katz, Robert Feldman, Richard Hemming, Peter Kohnert, Ziba Farhadian, Donogh McDonald, Ahsan Mansur and Bernard Nivollet

No 1986/005, IMF Occasional Papers from International Monetary Fund

Abstract: 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.

Keywords: OP; expenditure ratio; teacher-pupil ratio; expenditure growth; unemployment compensation program; pension expenditure; Aging; Pension spending; Pensions; Europe; Global (search for similar items in EconPapers)
Pages: 84
Date: 1986-09-15
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