IMF Data from Asia: Aging Populations Will Mean More Taxes and Fewer Benefits for Workers Trapped in Government-Run Retirement Programs

IMF Data from Asia: Aging Populations Will Mean More Taxes and Fewer Benefits for Workers Trapped in Government-Run Retirement Programs

I’ve looked at some of the grim fiscal implications of demographic changes the United States and Europe. Now let’s look at what’s happening in Asia. The International Monetary Fund has a recent study that looks at shortfalls in government-run pension schemes and...