The need to optimize public finances in the long-term
Doctor of Finance, Warsaw School of Economics graduate and doctoral program at IESE in Barcelona. He was, among others, Deputy Chief of the Chancellery of the Sejm, the President of the Office for the Supervision of Pension Funds and the Deputy Minister of Finance. Also, Vice-President Aios, CBS and KNUiFE and a member of the SEC, the ECB, the ESC EIOPC, EFCC and the FSC. Since 2008 he is an advisor of the President of the NBP.
Budget Assumptions - first warning necessity of restoring the disturbed equilibrium necessity of restoring the balance of finances Intergenerational Difficult year ahead Superekspres privatization Inflation accelerates in Europe for three years will be consistent with the objective of MPC
Contrary to appearances, the powerlessness of the executive most important economic challenge for the president's food preserver current term of office must be a disaster, public finances related to the demographic collapse. Having food preserver a large family should facilitate the task of finding effective means to ward off imminent disaster, and the fact that personal support for implementing relief efforts for children in 2007, and it is against the then government is hoping that the president realizes that without the material resources of these activities not to carry out.
And it is this five-year is the last moment to introduce family-friendly policies, as already for five years a mini baby boom generation "solidarity" get old and not be able to have children, while the subsequent vintages are twice less numerous and not be able to reverse the impending food preserver disaster of Finance public.
A warning should be the case in Germany, where as reported by the Federal Statistical Office in Wiesbaden in 2009 were born to 651,000 children, about 24,000 fewer than a year earlier. This means a drop in the birthrate of 3.6 per cent. The latest statistics show that Germany's population food preserver is shrinking steadily since 2003. Last year there were about 190,000 more deaths than birth. In 2008, the difference was 168,000.
This is despite the use of costly pro-family policy, introduced by the previous Minister for the EPP family Ursula von der Leyen. food preserver The purpose of the minister, who herself is a mother of seven children, was to reverse the demographic decline and, therefore, from 1 January 2007, Germany introduced additional parental benefits, representing 67 percent of the current net salary of the mother or the father - to 1,800 euros a month - and paid for 14 months after the birth of a child.
Current Family Minister Kristina Schroeder announced that the German food preserver government still intends to pursue a policy of support for families, including expanded system of childcare and parental benefits, food preserver and that especially in difficult times should help people reconcile work and family life. According to Schroeder, the consequences of a decline food preserver despite the efforts of the State should explain what a smaller number of women of childbearing age from 15 to 49 years, which decreased during the past four years, nearly half a million.
Demographic processes have a huge impact on public finances. "Financial Times" described in detail the crisis of the pension system in France. In this country, where, in contrast to Polish is the replacement of generations, as in the family for almost two times more children than in Poland, the aging population causes financial strains. It is natural in a growing number food preserver of retirees, when men on average collect a pension for 24 years and women for 28 years in comparison with other EU countries, where men charge her for 18 years, and women - 23 years. In France, the average retirement age is 58.7 years for men and 59.5 years for women, while in neighboring Germany men begin to retire at the age of 62.1 years, and women - 61 years.
Given that in France to 85.4 percent. pension is financed by the state, entering retirement age vintage postwar baby boom will result in the need for co-financing from the state budget to almost 100 billion euros in 2050, assuming that it takes into account the already reduced pension food preserver benefits by 20 percent. As a result, already food preserver in 2030 the payment of pension benefits associated with only half will be provided by the premiums food preserver paid, the rest will have to pay the state. And that's because as far as 40 years ago in France four employees working for each retiree, is currently working 1.5 employee, and in the future there will be accounted for even less.
In Poland, the growing imbalance in the public finances. That is why it is very important to expand our knowledge about the rise of pension liabilities and health care as a result of aging of the Polish population. In Germany, at the University of Freiburg research center Forschungszentrum works Generationverträge, examining the scale of intergenerational obligations. One study to provide in
Doctor of Finance, Warsaw School of Economics graduate and doctoral program at IESE in Barcelona. He was, among others, Deputy Chief of the Chancellery of the Sejm, the President of the Office for the Supervision of Pension Funds and the Deputy Minister of Finance. Also, Vice-President Aios, CBS and KNUiFE and a member of the SEC, the ECB, the ESC EIOPC, EFCC and the FSC. Since 2008 he is an advisor of the President of the NBP.
Budget Assumptions - first warning necessity of restoring the disturbed equilibrium necessity of restoring the balance of finances Intergenerational Difficult year ahead Superekspres privatization Inflation accelerates in Europe for three years will be consistent with the objective of MPC
Contrary to appearances, the powerlessness of the executive most important economic challenge for the president's food preserver current term of office must be a disaster, public finances related to the demographic collapse. Having food preserver a large family should facilitate the task of finding effective means to ward off imminent disaster, and the fact that personal support for implementing relief efforts for children in 2007, and it is against the then government is hoping that the president realizes that without the material resources of these activities not to carry out.
And it is this five-year is the last moment to introduce family-friendly policies, as already for five years a mini baby boom generation "solidarity" get old and not be able to have children, while the subsequent vintages are twice less numerous and not be able to reverse the impending food preserver disaster of Finance public.
A warning should be the case in Germany, where as reported by the Federal Statistical Office in Wiesbaden in 2009 were born to 651,000 children, about 24,000 fewer than a year earlier. This means a drop in the birthrate of 3.6 per cent. The latest statistics show that Germany's population food preserver is shrinking steadily since 2003. Last year there were about 190,000 more deaths than birth. In 2008, the difference was 168,000.
This is despite the use of costly pro-family policy, introduced by the previous Minister for the EPP family Ursula von der Leyen. food preserver The purpose of the minister, who herself is a mother of seven children, was to reverse the demographic decline and, therefore, from 1 January 2007, Germany introduced additional parental benefits, representing 67 percent of the current net salary of the mother or the father - to 1,800 euros a month - and paid for 14 months after the birth of a child.
Current Family Minister Kristina Schroeder announced that the German food preserver government still intends to pursue a policy of support for families, including expanded system of childcare and parental benefits, food preserver and that especially in difficult times should help people reconcile work and family life. According to Schroeder, the consequences of a decline food preserver despite the efforts of the State should explain what a smaller number of women of childbearing age from 15 to 49 years, which decreased during the past four years, nearly half a million.
Demographic processes have a huge impact on public finances. "Financial Times" described in detail the crisis of the pension system in France. In this country, where, in contrast to Polish is the replacement of generations, as in the family for almost two times more children than in Poland, the aging population causes financial strains. It is natural in a growing number food preserver of retirees, when men on average collect a pension for 24 years and women for 28 years in comparison with other EU countries, where men charge her for 18 years, and women - 23 years. In France, the average retirement age is 58.7 years for men and 59.5 years for women, while in neighboring Germany men begin to retire at the age of 62.1 years, and women - 61 years.
Given that in France to 85.4 percent. pension is financed by the state, entering retirement age vintage postwar baby boom will result in the need for co-financing from the state budget to almost 100 billion euros in 2050, assuming that it takes into account the already reduced pension food preserver benefits by 20 percent. As a result, already food preserver in 2030 the payment of pension benefits associated with only half will be provided by the premiums food preserver paid, the rest will have to pay the state. And that's because as far as 40 years ago in France four employees working for each retiree, is currently working 1.5 employee, and in the future there will be accounted for even less.
In Poland, the growing imbalance in the public finances. That is why it is very important to expand our knowledge about the rise of pension liabilities and health care as a result of aging of the Polish population. In Germany, at the University of Freiburg research center Forschungszentrum works Generationverträge, examining the scale of intergenerational obligations. One study to provide in
No comments:
Post a Comment