The Economic and Financial Market Consequences of Global Ageing

Front Matter....Pages I-XIV
Front Matter....Pages 1-11
Global Demographic Trends and Forecasts 1950–2050....Pages 13-23
How is Ageing Likely to Impact Economically over the Next 50 Years: What are the Main Transmission Mechanisms?....Pages 25-53
Global Capital Market Developments, Current Account Imbalances and the Evidence for Age-related International Capital Flows....Pages 55-88
Global Ageing Scenario 2000–2050....Pages 89-107
Policy Response: How Can the EU and the World as a Whole Effectively Deal with the Challenges of Ageing?....Pages 109-140
Back Matter....Pages 141-157
Front Matter....Pages 159-167
Overview of the Pension Reform Debate....Pages 169-185
Description of Model Used to Assess the Pension Reform Options....Pages 187-197
PAYG System: Economic Assessment of the Main Parametric / Labour Market Reform Options: What is needed to Bring the System Back into Equilibrium?....Pages 199-206
Systemic Reform: 2 Key Factors to be Considered: Internal Rates of Return + Transition Burden....Pages 207-224
Economic Assessment of a Full / Partial Shift to Funding....Pages 225-237
An “Optimal” EU Pension Reform Strategy....Pages 239-250
Back Matter....Pages 251-260
Back Matter....Pages 261-346