Central Data Catalog

Citation Information

Type Book
Title From red to gray: the \"third transition\" of aging populations in Eastern Europe and the former Soviet Union
Publication (Day/Month/Year) 2007
Publisher World Bank
City Washington, DC
Country/State United States of America
URL http://books.google.ca/books?hl=en&lr;=&id=HzgBcanRCecC&oi=fnd&pg=PR19&dq=Armenia+Household+Budget+S​urvey+HBS+LSMS&ots=EipVC_9gjC&sig=0RLFXbs7fdQjs3YbqhxGHrtLRXU#v=onepage&q=HBS&f=false
Conventional wisdom holds that ageing populations are unfavourable for economic growth because of their potential impacts on labour supply, productivity, and savings. When this is coupled with the increased spending pressures because of pension requirements and health care, ageing societies are likely to face serious fiscal problems. This report addresses these concerns in the unique context of Eastern Europe and the former Soviet Union where many countries are ageing rapidly without the economic resources and institutional capacity of other ageing societies in Western Europe and Japan.

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