Suchergebnisse

When banks and savings groups form linkages, the two together can generate new financial products and accelerate inclusive finance. However, regulation is needed to address ensuing consumer and cybersecurity risks.

Summarizes prospective demographic trends and analyzes potential developments in savings and consumption; based on conference paper.

An attempt is made to evaluate the implications for the savings rate, the distribution of consumption across age groups, & levels of intergenerational support for the major industrial countries, based on analysis of secondary data. Results indicate that within the next forty years, changes in fertility & mortality will lead to a significant increase in the proportion of elderly in the population, which may lead to a decline in the private savings rate after the year 2000, compounding the impact of social expenditure pressures on the government's deficit. Moreover, public pensions may decline, leading to financial pressures & reduction of consumption among the elderly. The reduced burden of child support on the working population will not offset the increased burden of societal support for the elderly. 9 Tables, 1 Chart, 2 Appendixes, 11 References. Modified HA

Suggests that demographic trends may lead to a decline in the G-7 private savings rate after 2000, compounding the impact of social expenditure pressures on the government's deficit, and public pensions may decline as a share of the consumption needs of the elderly, leading to financial pressures to reduce their consumption. (Abstract amended)

ABSTRACTIn the next 30 to 40 years, past changes in fertility and mortality will lead to a significant increase in the share of the elderly. This study suggests that these demographic trends may lead to a decline in the G–7 private savings rate after 2000, compounding the impact of social expenditure pressures on the government's deficit. Moreover, public pensions may decline as a share of the consumption needs of the elderly, leading to financial pressures to reduce their consumption. The reduced burden of child support on the working population will not offset the increased burden of societal support for the elderly.