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Will Population Aging Squeeze Government Budgets? A Look at Japan and the United States

by East-West Center

East-West Wire

Publisher: Honolulu HI: East-West Center
Publication Date: 2 October 2017
Binding: electronic
Pages: 2
Free Download: PDF

 

To reduce the pressure on government budgets associated with population aging, Andrew Mason of the East-West Center and Ronald Lee of the Center for the Economics and Demography of Aging at the University of California at Berkeley recommend policies to: 1) encourage older workers who are in good health to delay retirement; 2) help working-age adults accumulate assets they can rely on in old age; and 3) improve the job prospects of young people by providing education, training, and capital investment.