The result of a substantial seven-year research project involving over 50 economists and demographers from Africa, Asia, Europe, Latin America and the United States, the book draws on a new and comprehensive conceptual framework - National Transfer Accounts - to quantify the economic lifecycle and economic flows across generations. It presents comprehensive estimates of both public and private economic flows between generations, and emphasizes the global nature of changes in population age structure which are affecting rich and poor countries alike.
This unique and informative book will prove an invaluable reference tool for a wide ranging audience encompassing: students, researchers, and academics in fields such as demography, aging, public finance, economic development, macroeconomics, gerontology and national income accounting; policymakers and advisers focusing on areas of the public sector such as education, health, pensions, other social security programs, tax policy, and public debt; and policy analysts at international agencies such as the World Bank, the IMF and the UN.
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