The world is getting older and no one knows exactly what life will be like in tomorrow's older societies. But we do know that age dependency ratios--the ratio of retirees to workers--will be much higher than we see today. The combined effects of fewer workers, more retirees and longer retirement periods threaten not only the sustainability of pension systems but also the broader economic prospects of many developed countries. This analysis 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.
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Editorial Reviews
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"Life expectancies continue to climb, but as Nyce and Schieber explain in this cogent analysis, future costs of living happily ever after will be difficult to bear in many societiesespecially because so few people are having children. Highly recommended." Choice
"exellent coverage of most topics..informative and thought provoking" - Diane J. Macunovich, University of Redlands
"exellent coverage of most topics..informative and thought provoking" - Diane J. Macunovich, University of Redlands
Book Description
The Economic Implications of Aging Societies describes current trends in birth rates, longevity and labor force participation and their implications for various societies' economic prosperity. The study projects a future with too few workers, too many retirees and possibly not enough economic goods and services to satisfy the aspirations of the citizenry in many developed economies. It raises profound questions about labor 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.
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Inside This Book
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First Sentence:
There is a growing awareness around the world that national populations are aging. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
labor force activity rates, public retirement programs, real health expenditures, age distribution effect, national retirement systems, expected lifetime benefits, labor shortfalls, national retirement programs, gross replacement rates, early retirement subsidies, other government operations, unpublished series, aged dependency, capita consumption growth, public pension programs, aging dependency, preretirement earnings, many developed societies, unpublished database, implicit tax rates, retiree populations, funded retirement plan, female labor force participation rates, pension wealth, income replacement rates Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, United Kingdom, World Bank, New Zealand, United Nations, World Population Prospects, World War, Economic Outlook, South Africa, New York, Selected Countries, Oxford University Press, National Bureau of Economic Research, Czech Republic, European Commission, Latin America, Averting the Old Age Crisis, David Cutler, Government Printing Office, Labour Market Statistics Database, Bureau of Statistics, European Union, International Labor Office, Howard Oxley, The Retirement Decision New!
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Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
There is a growing awareness around the world that national populations are aging. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
labor force activity rates, public retirement programs, real health expenditures, age distribution effect, national retirement systems, expected lifetime benefits, labor shortfalls, national retirement programs, gross replacement rates, early retirement subsidies, other government operations, unpublished series, aged dependency, capita consumption growth, public pension programs, aging dependency, preretirement earnings, many developed societies, unpublished database, implicit tax rates, retiree populations, funded retirement plan, female labor force participation rates, pension wealth, income replacement rates Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, United Kingdom, World Bank, New Zealand, United Nations, World Population Prospects, World War, Economic Outlook, South Africa, New York, Selected Countries, Oxford University Press, National Bureau of Economic Research, Czech Republic, European Commission, Latin America, Averting the Old Age Crisis, David Cutler, Government Printing Office, Labour Market Statistics Database, Bureau of Statistics, European Union, International Labor Office, Howard Oxley, The Retirement Decision New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 38
books:
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- Working Papers by Peter G Peterson Institute for International Economics on 7 pages
- Population Projections (Series PP2) by Office for National Statistics on 6 pages
- Social Security by Sylvester J. Schieber on 5 pages
- Fundamentals of Private Pensions by Dan M. McGill in Front Matter, page 258, and page 363
- The Real Deal: The History and Future of Social Security by Mr. Sylvester J. Schieber in Front Matter, page 47, and page 239
See all 38 books this book cites
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