Republic of Slovenia: Selected Issues

July 10, 2006

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Format: Chicago

Republic of Slovenia: Selected Issues, (USA: International Monetary Fund, 2006) accessed November 21, 2024

Summary

This paper provides a background on the key policy challenges for Slovenia in the euro zone. Then, it assesses the discretionary scope to adjust spending and proposes initial steps to enhance budget flexibility so that fiscal adjustment can be targeted on relatively inefficient spending. This study also discusses the long-term fiscal sustainability position of Slovenia using a generational accounting framework. A simulation of retirement incentives suggests that the pension system will encourage individuals to retire earlier than the statutory full pensionable age. These incentives are stronger for low-income earners.

Subject: Aging, Expenditure, Health care spending, Labor, Pension spending, Pensions, Population and demographics, Retirement, Wages

Keywords: Aging, Chapter III, Chapter VI, CR, Europe, Expenditure reform, Health care spending, ISCR, Pension base, Pension spending, Pensions, Productivity growth, Retirement, Slovenia, Trade specialization pattern, Western Hemisphere

Publication Details

Pages:

111
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/250
Stock No:

1SVNEA2006002
ISBN:

9781451835786
ISSN:

1934-7685

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