G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w9367
来源IDWorking Paper 9367
The Deteriorating Fiscal Situation and an Aging Population
Robert Dekle
发表日期2002-12-09
出版年2002
语种英语
摘要Japan's deteriorating fiscal situation has attracted international attention. I assess what current Japanese government policies mean for the future of public debt and the economy in general, given the inevitable aging of the population. I review how Japan got into this current fiscal mess, and then perform an analysis of some debt dynamics. With unchanged fiscal policies, Japan's public debt will rise to between 260% and 380% of GDP in 2030, and to between 700% and 1300% in 2040 -- clearly unsustainable levels. For the debt to be sustainable, significant increases in taxes, or cuts in government spending are necessary.
主题Macroeconomics ; Fiscal Policy ; Public Economics ; National Fiscal Issues
URLhttps://www.nber.org/papers/w9367
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/566986
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GB/T 7714
Robert Dekle. The Deteriorating Fiscal Situation and an Aging Population. 2002.
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