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Author: Mr.Santiago Acosta Ormaechea
Publisher: International Monetary Fund
ISBN: 1475594771
Category : Business & Economics
Languages : en
Pages : 48
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Book Description
The paper develops a simple, integrated methodology to project public pension cash flows and healthcare spending over the long term. We illustrate its features by applying it to the LAC5 (Argentina, Brazil, Chile, Colombia and Mexico), where public spending pressures are expected to increase significantly over 2015-50 due to demographic trends and rising healthcare costs. We simulate alternative pension reforms, including the transition from a defined benefit to a defined contribution pension system and the fiscal burden of a minimum guaranteed pension under the latter. We also analyze public healthcare outlays in the LAC5, which is likewise expected to increase significantly over 2015-50 due to aging and the so-called excess cost growth factor of healthcare services, showing that curbing the evolution of the latter (e.g., through enhanced competition in the healthcare sector) could aid in containing spending pressures. Despite its simplicity, the methodology yields projections that compare well with other approaches. It therefore provides a good benchmark for assessing alternative reform scenarios, particularly in data-constrained countries.
Author: Mr.Santiago Acosta Ormaechea
Publisher: International Monetary Fund
ISBN: 1475594771
Category : Business & Economics
Languages : en
Pages : 48
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Book Description
The paper develops a simple, integrated methodology to project public pension cash flows and healthcare spending over the long term. We illustrate its features by applying it to the LAC5 (Argentina, Brazil, Chile, Colombia and Mexico), where public spending pressures are expected to increase significantly over 2015-50 due to demographic trends and rising healthcare costs. We simulate alternative pension reforms, including the transition from a defined benefit to a defined contribution pension system and the fiscal burden of a minimum guaranteed pension under the latter. We also analyze public healthcare outlays in the LAC5, which is likewise expected to increase significantly over 2015-50 due to aging and the so-called excess cost growth factor of healthcare services, showing that curbing the evolution of the latter (e.g., through enhanced competition in the healthcare sector) could aid in containing spending pressures. Despite its simplicity, the methodology yields projections that compare well with other approaches. It therefore provides a good benchmark for assessing alternative reform scenarios, particularly in data-constrained countries.
Author: Rafael Rofman
Publisher: World Bank Publications
ISBN: 1464816050
Category : Political Science
Languages : en
Pages : 185
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Book Description
Latin American countries are in the midst of a demographic transition and, as a consequence, a population-aging process. Over the next few decades, the number of children will decline relative to the number of older adults. Population aging is the result of a slow but sustained reduction in mortality rates, given increases in life expectancy and fertility. These trends reflect welcome long-term improvements in welfare and in economic and social development. But this process also entails policy challenges: many public institutions—including education, health, and pension systems and labor market regulations—are designed for a different demographic context and will need to be adapted. When We’re Sixty-Four discusses public policies aimed at overcoming the two main challenges facing Latin American countries concerning the changing demographics. On one hand, older populations demand more fiscal resources for social services, such as health, long-term care, and pensions. On the other, population aging produces shifts in the proportion of the population that is working age, which may affect long-term economic growth. Aging societies risk losing dynamism, being exposed to higher dependency rates, and experiencing lower savings rates. Nonetheless, in the interim, Latin American countries have a demographic opportunity: a temporary decline in dependency rates creates a period in which the share of the working-age population, with its associated saving capacity, is at its highest levels. This constitutes a great opportunity in the short term because the higher savings may result in increases in capital endowment per worker and productivity. For that to happen, it is necessary to generate institutional, financial, and fiscal conditions that promote larger savings and investment, accelerating per capita economic growth in a sustainable way.
Author: Viel Vicuña Viel V.
Publisher: Halsted Press
ISBN:
Category : Social Science
Languages : en
Pages : 272
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Book Description
Study of problems of population growth, with particular reference to the implications of high birth rate for Latin America - examines demographic aspects, social problems and social theories, family planning and birth control rates according to educational level and the impact of religion thereon, poverty, health service implications, nutrition, etc., and analyses the economic implications and social implications of population increase. Bibliography pp. 235 to 241 and statistical tables.
Author: John Saunders
Publisher: Taylor & Francis
ISBN: 1000307700
Category : Social Science
Languages : en
Pages : 337
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Book Description
Originally published in 1986, this volume deals with both population growth in Latin America and the possible consequences of this growth for the security of the USA. The text analyses the demographic dimensions of the phenomenon and then considers the consequences for US security. It was the first time that the interrelations between national security and population growth were systematically analyzed. The book predicts the raid population growth would have serious economic, social and strategic implications for the USA and rightly predicts the adoption of draconian measures to stem the flow of illegal migrants. Although some aspects of the political landscape have changed since original publication the issue of migration to the USA from Latin America has lost none of its relevance.
Author:
Publisher:
ISBN:
Category : Caribbean Area
Languages : en
Pages : 28
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Book Description
Author: Carmen A. Miró
Publisher:
ISBN:
Category : Latin America
Languages : en
Pages : 26
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Book Description
Author: Antonio Ortiz Mena
Publisher:
ISBN:
Category : Latin America
Languages : en
Pages : 16
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Book Description
Author: Gabriela Benza
Publisher: Cambridge University Press
ISBN: 9781108745390
Category : Political Science
Languages : en
Pages : 0
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Book Description
This Element presents the main characteristics of the current social structure in Latin America. It focuses on demographic trends, migration, families, incomes, education, health and housing, and examine the general policy trends for all of these issues. The main questions are: what is the social structure in Latin America like today? What changes have taken place in recent decades, particularly since the turn of the millennium? The authors argue that although in some dimensions there are continuities, including the persistence of problems from the past, they believe that the Latin American social structure, viewed as a whole, experienced significant transformations.
Author: Daniel Cotlear
Publisher: World Bank Publications
ISBN: 0821384694
Category : Social Science
Languages : en
Pages : 324
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Book Description
Latin America and the Caribbean will soon face the challenges of an aging population. This process, which took over a century in the rich world, will occur in two or three decades in the developing world; seven of the 25 countries that will age more rapidly are in LAC. Population aging will pose challenges and offer opportunities. This book explores three sets of issues. First is a group of issues related to the support of the aging and poverty in the life cycle. This covers questions of work and retirement, income and wealth, and living arrangements and intergenerational transfers. It also explores the relation between the life cycle and poverty. Second is the question of the health transition. How does the demographic transition impact the health status of the population and the demand for health care? And how advanced is the health transition in LAC? Third is an understanding of the fiscal pressures that are likely to accompany population aging and to disentangle the role of demography from the role of policy in that process. This book provides an introduction to the concepts and techniques at the intersection of demography and economics. It summarizes the policy debate about potential reforms needed to make population aging an opportunity for development.
Author: Naomi R. Cahn
Publisher: Cambridge University Press
ISBN: 1108415954
Category : Business & Economics
Languages : en
Pages : 349
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Book Description
This volume explores the causes and consequences of family inequality in the United States, Europe, and Latin America.
