How Much Should You Save for Retirement?
By David Amaglobeli, Era Dabla-Norris, and Vitor Gaspar
عربي, 中文, Español, Français, 日本語, Português, Русский
How much you need to save for retirement depends on your country’s pension system. […]
Wanted: Policies to Encourage and Enable Work in Advanced Economies
By Francesco Grigoli, Zsóka Kóczán, and Petia Topalova
April 9, 2018
Versions in عربي (Arabic), 中文 (Chinese), Español (Spanish), Français (French), 日本語 (Japanese), Português (Portuguese), Русский (Russian)
Aging may slow economic growth in advanced economies (photo: Zero Creatives Cultura/Newscom).
Population growth in advanced economies is slowing, life expectancy is rising, and the number of elderly people is soaring. Because older workers participate less in the labor market, the aging of the population could slow growth and, in many cases, threaten the sustainability of social security systems. But, as our research in Chapter 2 of the April 2018 World Economic Outlook shows, there is considerable scope for policies to mitigate the forces of aging by enabling those who are willing to work to do so. […]
Chart of the Week: Women Workers Wanted in Japan
By IMFBlog
November 21, 2017
Versions in 中文(Chinese), 日本語 (Japanese)
A Japanese mother works at home with her child. Encouraging women to take on full time work and have children would help boost growth in Japan (photo: iStock by Getty Images).
Problem: Japan is the most aged society among advanced economies (almost 27 percent of its people are over 65). It also faces a shortage of labor (unemployment is just 2.8 percent). Both limit the country’s growth potential. […]
Aging Japan Puts a Strain on the Financial System
By Gaston Gelos and Sònia Muñoz
August 10, 2017
Versions in 中文 (Chinese), 日本語 (Japanese)
Elderly shoppers in Tokyo’s Sugamo district: As Japan’s population ages, demand for financial services shifts (photo: Issei Kato/Reuters/Newscom).
Japan’s population is shrinking and getting older, posing challenges to the nation’s financial system. How Japan copes could guide other advanced economies in Asia and Europe that are grappling with the same trends but are at an earlier phase of similar demographic developments.