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Danila Medvedev

Macroeconomic Effects and Policy Challenges of Population Aging - 0 views

  • Simulations show that population aging is likely to slow economic growth and improvements in living standards. Although reforms to raise labor force participation and productivity growth can mitigate these adverse effects, they are unlikely to eliminate the need for fiscal reforms. The budget will come under pressure from rising age-related expenditures, and consolidation will be needed to preserve debt sustainability.
    • Danila Medvedev
       
      Экономические последствия старения населения для Чехии.
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