IDEAS home Printed from https://ideas.repec.org/p/oec/ecoaaa/296-en.html
   My bibliography  Save this paper

How Should Norway Respond to Ageing?

Author

Listed:
  • Pablo Antolín
  • Wim Suyker

Abstract

Norway, like most OECD countries, will experience a significant ageing of its population, although it will be less dramatic. Moreover, it starts from an enviable position: employment rates of older people are among the highest in the OECD, pension outlays are currently relatively low and substantial financial assets have been accumulated in the Government Petroleum Fund. However, without reforms, due to the maturing of the pension system, ageing will lead to one of the biggest increases in pension spending as a share of GDP in OECD countries over the next 50 years. This paper thus, after exploring the scale of the demographic changes, examines the relevant institutions and their effect on the decision to retire. In light of the expected increase in the elderly, various issues concerning their economic position and health care are considered. The paper then presents the fiscal impact of ageing: the cost of the pension system will more than double, while health care spending for the ... En Norvège, comme dans la plupart des pays de l'OCDE, le vieillissement de la population posera un problème sérieux, mais il sera moins préoccupant qu'ailleurs. De plus, ce pays bénéficie d'une position de départ enviable : les taux d'emploi des personnes âgées sont parmi les plus élevés de la zone de l'OCDE, les dépenses au titre des pensions sont pour l'instant relativement faibles, et d'importants actifs financiers ont été accumulés au Fonds pétrolier de l'État. Néanmoins, du fait de la montée en régime du système de pensions, les dépenses à ce titre rapportées au PIB connaîtront, en raison du vieillissement de la population, l'une des augmentations les plus importantes de la zone de l'OCDE au cours des 50 prochaines années si rien n’est fait pour y remédier. C'est la raison pour laquelle, après avoir tenté de déterminer l'ampleur de l'évolution démographique, le présent document examine les institutions pertinentes et leur incidence sur la décision du départ en retraite. Compte ...

Suggested Citation

  • Pablo Antolín & Wim Suyker, 2001. "How Should Norway Respond to Ageing?," OECD Economics Department Working Papers 296, OECD Publishing.
  • Handle: RePEc:oec:ecoaaa:296-en
    DOI: 10.1787/385156551776
    as

    Download full text from publisher

    File URL: https://doi.org/10.1787/385156551776
    Download Restriction: no

    File URL: https://libkey.io/10.1787/385156551776?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Erlend Eide Bø, 2020. "Taxation of Housing: Killing Several Birds with One Stone," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 66(3), pages 534-557, September.
    2. Kim Massey Heide & Erling Holmøy & Ingeborg Foldøy Solli & Birger Strøm, 2006. "A welfare state funded by nature and OPEC. A guided tour on Norway's path from an exceptionally impressive to an exceptionally strained fiscal position," Discussion Papers 464, Statistics Norway, Research Department.
    3. Whitehouse, Edward, 2001. "Pension systems in 15 countries compared: the value of entitlements," MPRA Paper 14751, University Library of Munich, Germany.

    More about this item

    Keywords

    ageing; health care; long-term projections; Norvège; Norway; pensions; projections à long terme; retraites; soins de santé; vieillissement;
    All these keywords.

    JEL classification:

    • I1 - Health, Education, and Welfare - - Health
    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
    • J1 - Labor and Demographic Economics - - Demographic Economics

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oec:ecoaaa:296-en. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/edoecfr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.