01690cas a2200241 a 4500 AALejournalIMF002223 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451875096 1018-5941 BD-DhAAL BD-DhAAL Eskesen, Leif. Population Aging and Long-Term Fiscal Sustainability in Austria / Leif Eskesen. Washington, D.C. : International Monetary Fund, 2002. 1 online resource (24 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 Austria faces significant population aging. This will increase public spending on pensions, health care, and long-term care, while tax and social security revenues will fall. This paper analyzes the fiscal burden facing Austria due to aging and the policy steps necessary to address it. The paper finds that Austria is not well prepared to meet the fiscal burden of aging and that fiscal sustainability is threatened, even under fairly optimistic assumptions about the effects of recent pension and labor market reforms. Consequently, to ensure long-term sustainability, pension reform must go further and other saving measures might also be necessary. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2002/216 Full text available on IMF http://elibrary.imf.org/view/journals/001/2002/216/001.2002.issue-216-en.xml IMF e-Library