01662cas a2200241 a 4500 AALejournalIMF001325 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451857023 1018-5941 BD-DhAAL BD-DhAAL Brooks, Robin. Population Aging and Global Capital Flows in a Parallel Universe / Robin Brooks. Washington, D.C. : International Monetary Fund, 2000. 1 online resource (31 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper explores the global impact of population aging, using a calibrated overlapping generations model of eight world regions to simulate the effects of historical and projected demographic trends on international capital flows. The simulations show that there will be a turning point in regional savings - investment balances between 2010 and 2030 when the European Union and North America will experience a substantial decline in savings relative to investment as their populations age rapidly. This shift will be financed by capital flows from less developed regions which are projected to become capital exporters. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2000/151 Full text available on IMF http://elibrary.imf.org/view/journals/001/2000/151/001.2000.issue-151-en.xml IMF e-Library