Series: Staff Discussion Notes
Author(s): Benedict Clements , Kamil Dybczak , Vitor Gaspar , Sanjeev Gupta , and Mauricio Soto
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 26 October 2015
Keywords: Demographic transition, Population growth, Aging, Human fertility, Mortality, Migrations, Labor markets, Health care spending, Public debt, Fiscal sustainability
This Staff Discussion Note looks at the stark fiscal challenges posed by the decline and aging of populations between now and 2100. It finds that without reforms, pensions and health spending would rise to 25 perc...