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Chapter 5. Aging and Social Insurance Systems
The aging of populations raises concerns about the affordability of publicly funded pension and health care programs in the future. Many developed economies already expend a sizable share of their GDP on these programs. For example, public expenditures on pensions and health care currently consume about 13% of GDP in the U.S. and in excess […]
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Sochi Doesn’t Make Russia Look Bad. It Makes the Media Look Bad.
