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Population Aging and the Generational Economy - A Global Perspective (Paperback)
Loot Price: R1,367
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Population Aging and the Generational Economy - A Global Perspective (Paperback)
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Over coming decades, changes in population age structure will have
profound implications for the macroeconomy - influencing economic
growth, generational equity, human capital, saving and investment,
and the sustainability of public and private transfer systems. How
the future unfolds will depend on key actors in the generational
economy: governments, families, financial institutions, and others.
This path-breaking book provides a comprehensive analysis of the
macroeconomic effects of changes in population age structure across
the globe. The result of a substantial seven-year research project
involving over 50 economists and demographers from Africa, Asia,
Europe, Latin America and the United States, the book draws on a
new and comprehensive conceptual framework - National Transfer
Accounts - to quantify the economic lifecycle and economic flows
across generations. It presents comprehensive estimates of both
public and private economic flows between generations, and
emphasizes the global nature of changes in population age structure
which are affecting rich and poor countries alike. This unique and
informative book will prove an invaluable reference tool for a wide
ranging audience encompassing: students, researchers, and academics
in fields such as demography, aging, public finance, economic
development, macroeconomics, gerontology and national income
accounting; policymakers and advisers focusing on areas of the
public sector such as education, health, pensions, other social
security programs, tax policy, and public debt; and policy analysts
at international agencies such as the World Bank, the IMF and the
UN.
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