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Welfare Reform on the Web (April 2001): Care of the Elderly - Overseas

AGE SHALL NOT WEARY THEM

M Wolf

Financial Times, Feb 7th 2001, p.23.

Argues that fears that an ageing population will impose serious burdens on the public finances in Western countries due to rising costs of health care and pension provision are exaggerated. The costs could be managed by raising the retirement age, raising labour force participation rates, raising productivity growth rates, encouraging immigration and encouraging people to have larger families.