Series: IMF Working Papers
Author(s): Manmohan Kumar , and Dennis Botman
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 August 2007
Keywords: Global aging, fiscal cooperation, Lisbon Agenda, IMF&;amp;#x2019;s Global Fiscal Mode, aging, social security, government spending, fiscal variables,
Demographic pressures will materialize in many economies over the next few decades. We examine the macroeconomic impact of alternative fiscal adjustment and structural reform strategies to address these global agin...