Search results for: Healthcare
Stuart P.M. Mackintosh, World Economics, September 2018
Attacks on experts and professionals using available facts, are rising in the USA, with troubling implications for economics, for the collection of statistical data, and for the future integrity of the policymaking process. The Trump Administration is undermining fact-based decision making in a number of discreet interventions: Citizenship questions for the upcoming decennial census and in attacks on the work of an economist in the US Congressional Budget Office on healthcare costs. In Argentina from 2002 until 2015 the Kirchner government twisted the output of the official statistical agency to their own aims, publishing bogus data on inflation, GDP, and poverty. In Greece the efforts of Andreas Georgiou from 2010 to 2015 to correct the biased output on GDP and government expenditure data at the Greek Statistical Agency led a judicial persecution all the way to the Greek Supreme Court.
Marga Peeters & Loek Groot, World Economics, June 2012
This paper investigates the fiscal pressure, or the level of public expenditure on old and young economically inactive people, arising from demographic change in relation to the labour market space, or the proportion of the working age population not in full-time employment. The exercise is carried out for 50 countries that cover 75% of the world population. The pressure-to-space indicator ranks Poland, Turkey and Greece high, although, apart from Turkey and India, developing countries generally rank low due to low spending on the old (pensions, healthcare) and on the young (education, family costs). Peculiarly, economies with higher pressure have more space. The hypothesis that ageing economies have started using their labour market space in anticipation of higher demographic pressure is rejected. It is important to note that raising the retirement age in developed economies by five years alleviates fiscal pressure by almost 30% and creates 10% more labour market space.
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