Costa Rica's ageing future : turning points and policy options; a look towards 2040 and beyond
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2013-01
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Abstract
The size of the working age groups will peak in 2022 for ages 20-39 and in 2042 for ages 40-59. The fiscal support ratio drops steadily after 2024. This is the ratio of taxpayers to beneficiaries. The age structure of the population favored taxpayers over beneficiaries most strongly in 2012. Some policy options to deal with a declining workforce are: delaying retirement to maintain productivity; closing the gender gap to maintain productivity; and increasing taxes to maintain fiscal balance.
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Policy Brief
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OLD AGE, DEMOGRAPHIC TRANSITION, ECONOMIC IMPLICATIONS, SOCIAL IMPLICATIONS, SOCIAL SECURITY, RETIREMENT PENSIONS, HEALTH SYSTEM, SOCIAL SERVICES, LEVELS OF EDUCATION, AGE GROUPS, PUBLIC SERVICES, COSTA RICA