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Economic Implications of Aging Societies by Steven Nyce & Sylvester J. Schieber
The Costs of Living Happily Ever After
This book documents challenging consequences aging societies face: fewer workers, stretched pensions, questionable economic sustainability.The world is getting older and no one knows exactly what life will be like in tomorrow's older societies. But we do know that age dependency ratios - the ratio of retirees to workers - will be much higher than we see today. The implications of this trend are plain. The combined effects of fewer workers, more retirees and longer retirement periods threaten not only the sustainability of pension systems but also the broader economic prospects of many developed countries. This book describes current trends in birth rates, longevity and labor force participation and productivity, the cross-border flow of capital, the globalization of labor markets, the financial viability of social insurance programs, and the ways economic output is shared between working-age and retiree populations. Our most effective solution will likely be a multifaceted one: more workers, longer careers, higher productivity, and more global exchange and cooperation. |
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| Author(s) : Sylvester J. Schieber | Format : Paperback Book |
| ISBN-10 : 0521617243 | ISBN-13 : 9780521617246 |
| RRP : £20.99 | Best available price : £ / $ |
| Prices as of : BST check live prices | |
Product Details:
Country Publication : United Kingdom
Publication Date : 17/01/2005
Publisher : Cambridge University Press
Page Length : 408mm
Page Size : 228mm