Conventional wisdom holds that aging populations are unfavorable for economic growth because of their potential impacts on labor supply, productivity, and savings. When this is coupled with the increased spending pressures because of pension requirements and health care, aging societies are likely to face serious fiscal problems. This report addresses these concerns in the unique context of Eastern Europe and the former Soviet Union where many countries are aging rapidly without the economic resources and institutional capacity of other aging societies in Western Europe and Japan.
- ISBN10 0821371304
- ISBN13 9780821371305
- Publish Date 15 June 2007
- Publish Status Active
- Publish Country US
- Imprint World Bank Publications
- Format eBook
- Pages 302
- Language English