The industrial countries are undergoing a significant demographic transition associated with low fertility rates, combined with reduced mortality rates. This will lead to a substantial ageing population in the near future. This book introduces relevant issues, particularly in Australia.
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. . . the study has been useful for its exploration of the effect of decomposition and issues such as social expenditure and the ratio of social expenditure to GDP. The ideas for the research were commendable, the literature review with its examples from other countries was most revealing, and the economic skills of the authors were clearly evident. -- Christabel Young, International Migration
About the Author
Jose Alvarado, Principal Research Officer, Multicultural Affairs Unit, Victorian Department of the Premier and Cabinet, Australia
John Creedy, The Truby Williams Professor of Economics, University of Melbourne, Australia
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