The Economics of an Ageing Population: Macroeconomic Issues (ESRI Studies Series on Ageing)

In April 2000, the Japanese government's Economic and Social Research Institute (ESRI) initiated A Study on Sustainable Economic and Social Structure in the Twenty-first Century to complement the Millennium Project by focusing on aging and environmental problems in the foreseeable future. The series reports the Study's findings. Here contributors, presumably economists though they do not admit so, look at demographic transition and the impact of growth in Japan, demographic transition and pension systems, and the impact of the demographic transition on the world economy. Within those broad themes, they consider such aspects as the lost decade of the 1990s in Japan, the distributional impact of social security reform, and incorporating demographic change in multi-country macroeconomic models. Annotation 2004 Book News, Inc., Portland, OR (booknews.com)