01731cas a2200253 a 4500 AALejournalIMF009648 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451868104 1018-5941 BD-DhAAL BD-DhAAL Iakova, Dora. Policy Challenges of Population Aging in Ireland / Dora Iakova, Dennis Botman. Washington, D.C. : International Monetary Fund, 2007. 1 online resource (15 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 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. Mode of access: Internet Botman, Dennis. IMF Working Papers; Working Paper ; No. 2007/247 Full text available on IMF http://elibrary.imf.org/view/journals/001/2007/247/001.2007.issue-247-en.xml IMF e-Library