Is Belgium prepared for the cost of ageing?
Ageing inevitably increases the pressure on the resources of the social security system and calls for adequate policy reforms. While Belgium is no doubt in a better position do deal with aging that it was a decade ago, it is far from prepared to meet the challenges of the projected rise in the budgetary costs of aging. This paper and presentation from IMF economist Luc Everaert takes a critical look at the existing strategy to deal with the projected budgetary costs of aging. It estimates the costs of delaying reform, highlights the magnitude of the implementation gaps so far, and describes the tensions and synergies between the different components of the strategy required to deal with aging. Against this background, and based on cross-country experience, it also provides some suggestions about the course ahead.
Grey Gold - How the babyboomers can make eldercare a success story
The debate on ageing has been going on for quite a few years, but nothing has actually been done. The clock keeps ticking… With this book we want to stimulate the reform process, and offer a new reference frame for the debate. All too often the debate is focussed on the costs and burdens. Eldercare is more than retirement homes, homecare and care for the demented. In this book we offer concrete policy proposals on the financing of eldercare, on how the available money is best spent (we strongly believe the elderly are best placed to make such decisions, and not the care facilities), on how we can resolve the personnel shortage, and how we can prepare our houses and neighbourhoods for the 3rd age.
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