|
|
|
|
|
|
Author/Editor:
|
Eskesen, Leif Lybecker
|
|
|
|
|
|
Publication Date:
|
December 01, 2002
|
|
|
|
Electronic Access:
|
Free Full text
(PDF file size is 847KB).
Use the free
Adobe Acrobat Reader
to view this PDF file
|
|
|
Disclaimer: This Working Paper should not be reported as representing the views of the IMF.
The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate
|
|
|
|
|
Summary:
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.
|
|
|
|
|
|
|
|
Series:
|
Working Paper No. 02/216
|
|
|
|
|
|
Subject(s):
|
Aging | Austria | Pensions | Health care | Public finance
|
|
|
Author's Keyword(s):
|
Population Aging | Pensions | Health Care | Fiscal Policy | Public Finance Sustainability |
|
|
|
|
|
|
|
|
|
|
English
|
|
|
|
|
|
|
Publication Date:
|
December 01, 2002
|
|
|
|
|
ISBN/ISSN:
|
1934-7073
|
|
Format:
|
Paper
|
|
Stock No:
|
WPIEA2162002
|
|
Pages:
|
24
|
|
Price:
|
|
|
|
US$15.00 )
|
|
|
|
|
|
|
|
|
Please address any questions about this title to
publications@imf.org
|
|
|
