Series: IMF Working Papers
Author(s): Leif Eskesen
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 2002
Keywords: Population Aging, Public Finance Sustainability, pension, retirement, long-term care, public finances, Macroeconomic - Aspects Of Public Finance, Macroeconomic Policy, And General Outlook, Structure And Scope Of Government
Austria faces significant population aging. This will increase public spending on pensions, health care, and long-term care, while tax and social security revenues will fall. This paper analyzes the fiscal burden f...