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Many Asian countries (such as China, Singapore, Korea, Thailand, Malaysia, Indonesia, India, and the Philippines) will experience a significant aging of their populations during the next several decades. This paper explores how these aging Asian countries are addressing and anticipating the challenges of an aging society. It suggests that Asia's preparedness for an aging population is decidedly mixed. While growth policies have been successful, much work is still needed in many countries to establish an adequate and farsighted policy framework in the areas of pensions, health insurance, and labor market policies.
Age distribution (Demography) -- Asia. --- Electronic books. -- local. --- Population aging -- Asia. --- Social Welfare & Social Work --- Social Sciences --- Gerontology --- Population aging --- Age distribution (Demography) --- Distribution, Age (Demography) --- Aging of population --- Aging population --- Aging society --- Demographic aging --- Graying (Demography) --- Greying (Demography) --- Age --- Age groups --- Vital statistics --- Macroeconomics --- Public Finance --- Health Policy --- Demography --- Economics of the Elderly --- Economics of the Handicapped --- Non-labor Market Discrimination --- Demographic Economics: General --- Analysis of Health Care Markets --- Aggregate Factor Income Distribution --- National Government Expenditures and Welfare Programs --- Population & demography --- Health systems & services --- Public finance & taxation --- Aging --- Population and demographics --- Health care --- Income --- Social assistance spending --- Population --- Medical care --- Expenditures, Public --- China, People's Republic of
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Keine ausführliche Beschreibung für "Von den ersten und letzten Dingen" verfügbar.
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The paper assesses the government expenditure effects from changing demographics in the Asian “Tiger” economies through 2050. With some exceptions, their limited social insurance commitments initially suggest that aging populations may not adversely affect fiscal balances. Yet for all the Tigers, changing illness patterns and medical modernization may combine with demographics to intensify budgetary pressures. The paper notes the implications of the Tigers’ reliance on private sector pension and medical insurance systems; the need for an active public role; and the complications for fiscal analysis when private sector instruments are used, in a mandatory way, as public policy instruments.
Labor --- Public Finance --- Health Policy --- Demography --- National Government Expenditures and Health --- National Government Expenditures and Education --- Social Security and Public Pensions --- Economics of the Elderly --- Economics of the Handicapped --- Non-labor Market Discrimination --- Nonwage Labor Costs and Benefits --- Private Pensions --- Demographic Economics: General --- Analysis of Health Care Markets --- Population & demography --- Pensions --- Health systems & services --- Aging --- Pension spending --- Population and demographics --- Health care --- Expenditure --- Health --- Population aging --- Population --- Medical care --- China, People's Republic of
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This paper argues that as countries open their capital regimes, the appropriate fiscal stance should become more conservative than when capital is immobile. Further fiscal adjustment may be necessary in the face of large and volatile capital flows. However, the required changes would be smaller. If a fiscal response is unavoidable, some elements of fiscal policy are easier to manipulate and less distortive than others. Determining the actual stance of fiscal policy is more difficult in an open capital regime, underscoring the need for transparency about fiscal rules. A more open capital environment also constrains the sustainable fiscal structure.
Exports and Imports --- Macroeconomics --- Public Finance --- Policy Objectives --- Policy Designs and Consistency --- Policy Coordination --- Fiscal Policy --- Current Account Adjustment --- Short-term Capital Movements --- National Deficit Surplus --- International Investment --- Long-term Capital Movements --- National Government Expenditures and Related Policies: General --- International economics --- Public finance & taxation --- Fiscal policy --- Fiscal stance --- Capital flows --- Expenditure --- Capital inflows --- Balance of payments --- Capital movements --- Expenditures, Public --- United Kingdom
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This paper argues that there are significant risks, limitations, and complications associated with reliance upon mandatory DC, fully funded schemes as the dominant public pension pillar. Policies to limit risks may result in the government being reinjected into playing an important financial role in the provision of social insurance. For many countries, the principal source of old age support should thus derive from a well-formulated, public DB pillar, with a significant amount of prefunding. A DC/FF pillar can play a useful supplemental role in a multi-pillar system for the accumulation of pension savings.
Labor --- Macroeconomics --- Public Finance --- Demography --- Social Security and Public Pensions --- Nonwage Labor Costs and Benefits --- Private Pensions --- Aggregate Factor Income Distribution --- Economics of the Elderly --- Economics of the Handicapped --- Non-labor Market Discrimination --- Public Enterprises --- Public-Private Enterprises --- National Government Expenditures and Welfare Programs --- Pensions --- Population & demography --- Civil service & public sector --- Public finance & taxation --- Pension spending --- Income --- Aging --- Public sector --- Expenditure --- National accounts --- Social assistance spending --- Population and demographics --- Population aging --- Finance, Public --- Expenditures, Public --- Singapore
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Substantially scaling up of aid flows will require development partners to address many issues, including the impact of higher aid flows on: the competitiveness of aid recipients; the management of fiscal and monetary policy; the delivery of public services; behavioral incentives; and the rate of growth of the economy. Other issues will include the appropriate sequencing of aid-financed investments; balancing alternative expenditure priorities; the implications for fiscal and budget sustainability; and exit strategies from donor funding. Donors will need to ensure greater long-term predictability and reduced short-term volatility of aid. The international financial institutions can play a critical role in helping countries address these scaling-up issues.
Economic assistance. --- Economic development. --- Economic policy. --- Electronic books. -- local. --- Budgeting --- Exports and Imports --- Foreign Exchange --- Public Finance --- Foreign Aid --- Fiscal Policies and Behavior of Economic Agents: General --- Macroeconomic Analyses of Economic Development --- Fiscal and Monetary Policy in Development --- National Budget --- Budget Systems --- National Government Expenditures and Related Policies: General --- Fiscal Policy --- International economics --- Budgeting & financial management --- Currency --- Foreign exchange --- Public finance & taxation --- Macroeconomics --- Aid flows --- Budget planning and preparation --- Real exchange rates --- Expenditure --- Fiscal policy --- Foreign aid --- Public financial management (PFM) --- Economic assistance --- Budget --- Expenditures, Public --- Ethiopia, The Federal Democratic Republic of
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This paper provides a perspective on how the IMF assesses a “sound fiscal policy,” focusing principally on industrial and emerging market economies. It observes six central criteria: the short-term fiscal policy stance, with greater emphasis on automatic stabilizers than discretionary fiscal policy; relevance of medium- and sometimes long-term issues; fiscal sustainability; capacity for aggregate fiscal policy implementation (including political economy factors); structural content of fiscal policy (tax efficiency and public expenditure quality); and institutional, governance, and process issues associated with budget implementation and revenue collection. Greater emphasis could be placed on an adequate margin to deal with uncertain long-term challenges.
Macroeconomics --- Public Finance --- Fiscal Policy --- National Government Expenditures and Related Policies: General --- Debt --- Debt Management --- Sovereign Debt --- Public finance & taxation --- Fiscal policy --- Fiscal stance --- Expenditure --- Public debt --- Fiscal sustainability --- Expenditures, Public --- Debts, Public --- Japan
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With new initiatives to provide low income countries with external assistance in support of the Millennium Development Goals (MDGs), donors and NGOs are seeking to understand whether "fiscal space" can be provided in the context of IMF-supported programs to support these initiatives. This paper defines the concept of fiscal space and its link to fiscal sustainability, describes alternative ways in which fiscal space can be created, and notes how the IMF can support appropriate efforts to create fiscal space. The paper underscores that the issues that arise in creating fiscal space are not novel, but have always confronted governments in judging whether there is scope for additional expenditure.
Exports and Imports --- Macroeconomics --- Public Finance --- Infrastructure --- Policy Objectives --- Policy Designs and Consistency --- Policy Coordination --- Fiscal Policy --- National Government Expenditures and Related Policies: General --- National Budget, Deficit, and Debt: General --- National Deficit Surplus --- International Lending and Debt Problems --- Investment --- Capital --- Intangible Capital --- Capacity --- Public finance & taxation --- International economics --- Fiscal space --- Expenditure --- Fiscal sustainability --- Fiscal policy --- Debt financing --- External debt --- National accounts --- Expenditures, Public --- Debts, External --- Saving and investment --- Malawi
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This book offers an overview of the information on the state-of-the-art of analysis, measurement, and assessment of the performance of concentrated solar power (CSP) components and systems in a comprehensive, compact, and complete manner. Following an introductory chapter to CSP systems and the fundamental principles of performance assessment, individual chapters explore the component performance of mirrors and receivers. Further expert-written chapters look at system performance assessment, durability testing, and solar resource forecasting for CSP systems. A final chapter gives an outlook on the actual methods and instruments for performance and durability assessment that are under development.
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