The Economic Implications of Aging Societies: The Costs of Living Happily Ever After (Hardcover) (ISBN-13: 9780521851534)

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 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 analysis 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.

Author: Steven Nyce,Sylvester Schieber
ISBN-10: 052185153X
ISBN-13: 9780521851534
Publisher: Cambridge University Press
Language: English
Published: 01/24/2005
Pages: 424
Format: Hardcover
Weight: 1.84lbs
Size: 9.28h x 6.30w x 1.08d