The 2012 ageing report: underlying assumptions and projection methodologies
"This report details the underlying assumptions and projection methodologies to estimate the economic and budgetary impact of an ageing population over the long-term. In 2010, the ECOFIN Council gave the Economic Policy Committee (EPC) a mandate to update its common exercise of age-related e...
| Institution: | ETUI-European Trade Union Institute |
|---|---|
| Format: | TEXT |
| Language: | English |
| Published: |
Luxembourg
2011
Publications Office of the European Union |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19135243124919534259-The-2012-ageing-report-underly.htm |
| _version_ | 1771659902123507712 |
|---|---|
| collection | Library items |
| description | "This report details the underlying assumptions and projection methodologies to estimate the economic and budgetary impact of an ageing population over the long-term.
In 2010, the ECOFIN Council gave the Economic Policy Committee (EPC) a mandate to update its common exercise of age-related expenditure projections by the autumn of 2012 on the basis of a new population projection by Eurostat. The long-term age-related expenditure projections provide an indication of the timing and scale of changes in economic developments that could result from an ageing population in a ‘no-policy change’ scenario. The projections show where (in which countries), when, and to what extent ageing pressures will accelerate as the baby-boom generation retires and average life span in the EU continues to increase. Hence, the updated projections of age-related expenditure and the associated sustainability assessments will provide important insights on both the economic impact of ageing and the risks to the long-term sustainability of Member States’ public finances reflecting new economic environment, affected by a durable impact of the current crisis, and further reform effort by EU MS. This first report provides a description of underlying macroeconomic assumptions and projection methodologies of the age-related expenditure projections for all Member States. On the basis of these underlying assumptions and methodologies, age-related expenditures covering pensions, health care, long-term care, education and unemployment transfers will be calculated and presented to the ECOFIN Council in May 2012." |
| format | TEXT |
| geographic | EU countries |
| id | 19135243124919534259_80d3ad0ba6994ab2a11a57a4588d9816 |
| institution | ETUI-European Trade Union Institute |
| is_hierarchy_id | 19135243124919534259_80d3ad0ba6994ab2a11a57a4588d9816 |
| is_hierarchy_title | The 2012 ageing report: underlying assumptions and projection methodologies |
| language | English |
| physical | 322 p. Paper |
| publishDate | 2011 |
| publisher | Luxembourg Publications Office of the European Union |
| spellingShingle | ageing population comparison education labour force labour market long term care methodology pension fund unemployment benefit health expenditure annual report The 2012 ageing report: underlying assumptions and projection methodologies |
| title | The 2012 ageing report: underlying assumptions and projection methodologies |
| topic | ageing population comparison education labour force labour market long term care methodology pension fund unemployment benefit health expenditure annual report |
| url | https://www.labourline.org/KENTIKA-19135243124919534259-The-2012-ageing-report-underly.htm |