Demographics and public finances
Posted on 29. Nov, 2011 by admin in James Turk
Watch the full 25-minute video at Prof. Dr. Rainer Münz, Head of Research at Erste Bank, and James Turk, Director of the GoldMoney Foundation, talk about the impact changing demographics has on public finances, and in particular, on pension systems. The aging of a society has many different effects. On the one hand, expenditures for education and childcare tend to decrease, whil…
