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Hong Kong special administrative region : macroeconomic impact of an aging population in a highly open economy /

Hong Kong SAR's population is aging rapidly. This paper concludes that, without a change in policies, aging could adversely affect growth and living standards. While higher labor productivity growth and increased migration of younger skilled workers from the Chinese mainland, would attenuate th...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Leigh, Lamin
Otros Autores: Craigwell, Roland, Mitchell, Travis
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, IMF Institute, 2006.
Colección:IMF working paper ; WP/06/87.
Temas:
Acceso en línea:Texto completo

MARC

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100 1 |a Leigh, Lamin. 
245 1 0 |a Hong Kong special administrative region :  |b macroeconomic impact of an aging population in a highly open economy /  |c prepared by Lamin Leigh. 
260 |a [Washington, D.C.] :  |b International Monetary Fund, IMF Institute,  |c 2006. 
300 |a 1 online resource (17 pages) :  |b illustrations 
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490 1 |a IMF working paper,  |x 2227-8885 ;  |v WP/06/87 
504 |a Includes bibliographical references. 
588 0 |a Print version record. 
520 |a Hong Kong SAR's population is aging rapidly. This paper concludes that, without a change in policies, aging could adversely affect growth and living standards. While higher labor productivity growth and increased migration of younger skilled workers from the Chinese mainland, would attenuate the economic impact of aging, they would not offset it fully. Aging will also put pressure on public finances, particularly as a result of rising health care costs. There is a relatively narrow window of opportunity to implement policies to lessen the impact of aging, given that the demographic effects could start setting in as early as 2015 when the working population's support ratio peaks. In recent years, the Hong Kong SAR authorities have been focusing on policies that could help limit the fiscal impact of aging, including continued expenditure restraint on non-age-sensitive areas, reform of health care financing (including introducing private health insurance system), and tax reforms. 
506 |3 Use copy  |f Restrictions unspecified  |2 star  |5 MiAaHDL 
533 |a Electronic reproduction.  |b [Place of publication not identified] :  |c HathiTrust Digital Library,  |d 2010.  |5 MiAaHDL 
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505 0 |a Contents -- I. INTRODUCTION -- II. MACROECONOMIC EFFECTS OF AGING -- III. SIMULATIONS AND ANALYSIS -- IV. INITIATIVES TAKEN BY THE HONG KONG SAR AUTHORITIES TO ADDRESS POPULATION AGING -- V. CONCLUSIONS -- References 
546 |a English. 
590 |a ProQuest Ebook Central  |b Ebook Central Academic Complete 
650 0 |a Population aging  |x Economic aspects  |z China  |z Hong Kong. 
650 0 |a Age distribution (Demography)  |z China  |z Hong Kong. 
650 6 |a Vieillesse  |x Aspect économique  |z Hongkong. 
650 6 |a Économie de la santé  |z Hongkong. 
650 6 |a Vieillissement de la population  |x Aspect économique  |z Chine  |z Hongkong. 
650 6 |a Répartition par âge (Démographie)  |z Chine  |z Hongkong. 
650 7 |a Age distribution (Demography)  |2 fast 
651 7 |a China  |z Hong Kong  |2 fast  |1 https://id.oclc.org/worldcat/entity/E39PBJvt6xv8pV6CJd3DMttxjC 
700 1 |a Craigwell, Roland. 
700 1 |a Mitchell, Travis. 
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776 0 8 |i Print version:  |a Leigh, Lamin.  |t Hong Kong special administrative region.  |d [Washington, D.C.] : International Monetary Fund, Asia and Pacific Dept., ©2006  |w (OCoLC)71809035 
830 0 |a IMF working paper ;  |v WP/06/87. 
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