Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/45790
Authors: 
Jabłonowski, Janusz
Müller, Christoph
Raffelhüschen, Bernd
Year of Publication: 
2010
Series/Report no.: 
Diskussionsbeiträge / Forschungszentrum Generationenverträge der Albert-Ludwigs-Universität Freiburg 47
Abstract: 
During the next few decades the populations of most developed countries will grow older and older as a result of the low fertility rates since the 1970s and/or the continuously increasing life expectancy. Poland, one of the biggest countries in Central Europe, will be confronted rather seriously by this development. Generational Accounting which was introduced in the early nineties, can illustrate the effects of this ageing process on a country's fiscal situation. We show that the demographic development produces a major problem for the long term stability of Polish public finances. In particular the healthcare system deserves special attention for policy makers in the medium and long run, whilst the general pension system shall stabilise in the long term.
Subjects: 
Generational Accounting
Fiscal sustainability
Fiscal policy
Poland
Pension reform
JEL: 
H50
H55
H60
H68
J10
H30
Document Type: 
Working Paper

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