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How Will Ageing Affect Finland?

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Author Info
Pablo Antolín
Howard Oxley
Wim Suyker

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Abstract

In Finland, as in most OECD countries, the ageing of the population is one of the major long-term policy challenges. This paper first explores the scale of the demographic changes in Finland, the relevant institutions and their effect on the decision to retire. In light of the increase in the number of elderly expected over the coming years, various issues concerning their economic position and health care are considered. The paper then considers the impact that demographic changes will have on public finances: the cost of the pension system will increase by a third; health care spending and the cost of care for the frail elderly are also likely to rise substantially. The paper ends by outlining the policy options to copy with ageing ...


En Finlande, comme dans la plupart des pays de l’OCDE, le vieillissement démographique est l’un des principaux défis que devront relever les pouvoirs publics à long terme. La première section de ce document examine l’ampleur de l’évolution démographique, les institutions concernées et l’effet qu’elles exercent sur la décision de départ en retraite. Compte tenu de l’augmentation prévue du nombre des personnes âgées au cours de prochaines années, on passera en revue différents aspects de leur situation économique et des soins de santé qu’il faudra assurer. La section suivante traite de l’incidence que l’évolution démographique aura sur les finances publiques : le coût du système de pensions augmentera d’un tiers et il est probable que les dépenses de soins de santé et le coût de la prise en charge des personnes âgées dépendantes augmenteront aussi. La dernière section décrit les mesures qui pourraient être prises pour faire face au vieillissement de la population ...

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File URL: http://dx.doi.org/10.1787/361422456778
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Paper provided by OECD, Economics Department in its series OECD Economics Department Working Papers with number 295.

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Date of creation: 18 May 2001
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Handle: RePEc:oec:ecoaaa:295-en

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Related research
Keywords: ageing; Finland; health care; long-term projections; pensions;

Find related papers by JEL classification:
I1 - Health, Education, and Welfare - - Health
I3 - Health, Education, and Welfare - - Welfare and Poverty
J1 - Labor and Demographic Economics - - Demographic Economics
J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies

Cited by:
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  1. Salvador Valdés-Prieto, 2009. "The 2008 Chilean Reform to First-Pillar Pensions," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
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This page was last updated on 2009-12-2.


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