The Economic and Financial Market Consequences of Global Ageing

  • Kieran Mc Morrow
  • Werner Roeger
  • Editors
  • Paul J. J. Welfens

Part of the European and Transatlantic Studies book series (EUROPEANSTUDIES)

Table of contents

  1. Front Matter
    Pages I-XIV
  2. Economic and Financial Market Consequences of Global Ageing

  3. EU Pension Reform — an Overview of the Debate and an Empirical Assessment of the Main Policy Reform Options

    1. Front Matter
      Pages 159-167
    2. Kieran Mc Morrow, Werner Roeger
      Pages 169-185
    3. Kieran Mc Morrow, Werner Roeger
      Pages 187-197
    4. Kieran Mc Morrow, Werner Roeger
      Pages 225-237
    5. Kieran Mc Morrow, Werner Roeger
      Pages 239-250
    6. Back Matter
      Pages 251-260
  4. Back Matter
    Pages 261-346

About this book


 Many countries will be confronted with ageing populations in the coming decades. This will crucially affect the economic outlook for the economy. Population changes directly affect the size of the labour force and consequently potential employment and output growth. In addition, changes in demographic trends strongly influence savings and investment behaviour, the outlook for the public finances, a range of financial market variables and, more controversially, may impact on the pace of productivity growth in an economy. Because the timing and magnitude of demographic changes varies significantly across regions, international capital flows will play an important role for the allocation of investment. This book offers a comprehensive treatment of ageing related issues based on a five region overlapping generations model and provides a quantitative assessment until 2050.


Ageing Demographic Change Demographic Changes Demographics EU Pension Reform Population Public Expenditure

Authors and affiliations

  • Kieran Mc Morrow
    • 1
  • Werner Roeger
    • 1
  1. 1.Economic and Financial AffairsEuropean CommissionBrusselsBelgium

Bibliographic information

  • DOI
  • Copyright Information Springer-Verlag Berlin Heidelberg 2004
  • Publisher Name Springer, Berlin, Heidelberg
  • eBook Packages Springer Book Archive
  • Print ISBN 978-3-642-07355-7
  • Online ISBN 978-3-540-24821-7
  • Series Print ISSN 1431-3006
  • Buy this book on publisher's site