The Fiscal Cost of Aging in Belgium: Pensions and Healthcare

Author: Mr. Jean-Jacques Hallaert

Belgium faces a fiscal consolidation challenge at a time when the fiscal cost of aging—primarily related to pension and health outlays—is mounting.

Volume/Issue: Volume 2023 Issue 065

Publication date: December 2023

ISBN: 9798400264405

$15.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

	paperback else	pdf else	epub else
English

Prices in red indicate formats that are not yet available but are forthcoming.

Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Labor , Money and Monetary Policy , Public Finance , International - Economics , Demography , Belgium , Aging , Fiscal cost of aging , Pensions , Healthcare , reorganization cost , cost of aging , cost pressure , fiscal cost , healthcare cost , Pension spending , Europe , Global

Also of interest

Spillovers from China’s Growth Slowdown to the Singapore Economy: Singapore

Impact of AI on Singapore's Labor Market: Singapore

Exchange Rate Pass-Through to Inflation in Singapore: Singapore

Hungary’s Corporate Sector Risk: A Machine Learning Approach

Summary

Belgium faces a fiscal consolidation challenge at a time when the fiscal cost of aging—primarily related to pension and health outlays—is mounting. Pension spending will increase relatively fast unless a combination of measures related to pension generosity and retirement eligibility are put in place. Potential efficiency gains are large in the health sector and could absorb part of the fiscal and reorganization costs related to an aging population.