Who Will Pay?
an article in Finance and Development, September 2003



artwork from the cover of this publication   Who Will Pay?
Coping with Aging Societies, Climate Change, and Other Long-Term Fiscal Challenges


Peter S. Heller
©2003 International Monetary Fund
November 2003


Ordering Information

Contents

Foreword (35 kb pdf file)

Acknowledgments

List of Abbreviations

1  

Introduction and Overview (43 kb pdf file)

2  

Why Consider Long-Term Issues in Thinking About Fiscal Policy?

3  

How Governments (and Academics) Address Long-Term Issues in Fiscal Policy Planning

4  

Some Conceptual Issues in Addressing Long-Term Fiscal Developments

5  

The Way Forward: Embedding Long-Term Issues in the Fiscal Policy Framework

6  

Summary and Conclusions

Appendix Tables: Sources of Long-Term Fiscal Pressure by Region

References

Index

About the Author