Economic Constraints and Welfare Reforms

  • Geneviève Reday-Mulvey

Abstract

New demographic trends will significantly affect economic growth, government expenditure and pension systems (both pay-as-you-go and funded). Over the last 15 years, numerous models, forecasts and reports prepared by international organizations, in particular by the OECD and the European Commission, have attempted to estimate the economic consequences of population ‘ageing’.

Keywords

Europe Income OECD 

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Copyright information

© Geneviève Reday-Mulvey 2005

Authors and Affiliations

  • Geneviève Reday-Mulvey

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