Policy Challenges of Population Aging in Ireland /

The projected rise in age-related government spending as a share of GDP in Ireland over the next forty years is among the highest in the euro area. In the absence of reforms, public debt will increase to unsustainable levels. This paper uses the IMF's Global Fiscal Model to compare the macroeco...

詳細記述

書誌詳細
第一著者: Iakova, Dora
その他の著者: Botman, Dennis
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2007.
シリーズ:IMF Working Papers; Working Paper ; No. 2007/247
オンライン・アクセス:Full text available on IMF
その他の書誌記述
要約:The projected rise in age-related government spending as a share of GDP in Ireland over the next forty years is among the highest in the euro area. In the absence of reforms, public debt will increase to unsustainable levels. This paper uses the IMF's Global Fiscal Model to compare the macroeconomic effects of different fiscal strategies to accommodate the rise in age-related spending. The simulations suggest that adopting a package of measures, including an increase in the retirement age, broadening the tax base, and raising indirect taxes, would be a more growth-friendly strategy than relying exclusively on raising the social security contribution rate.
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物理的記述:1 online resource (15 pages)
フォーマット:Mode of access: Internet
ISSN:1018-5941
アクセス:Electronic access restricted to authorized BRAC University faculty, staff and students