Suchergebnisse

Slovak Republic as well as many other OECD countries has faced significant increase of health expenditures in last decades. Sustainability of health care public component is therefore and mainly on the ground of ageing of population a political and scientific challenge for many countries. Paper pursues ex ante sustainability of health care system in Slovak Republic. By using modified models of International Labour Organization and European Commission and exogenous macroeconomic and population expectations we forecasts revenues, expenditures and also sustainability of the health care policy scenarios until year 2030. We identified possible changes in the income and expenditures policies for the Slovak health system, which can lead to improve balance of whole system by assumed population and macroeconomic scenarios. Adapted from the source document.

Gradual narrowing of the gap between consumer & investment demand was one of major achievements of 2003, supporting the long-term sustainability of Czech economic growth. In the first half of 2004, industry & construction witnessed strong growth, retail trade showing a considerable slowdown. Growth in industry has continued to be more rapid in the sector of foreign controlled companies. After a slight weakening of deflation tendencies in the third quarter of 2003, last quarter of 2003 & first half of 2004 confirmed a resurgence of inflation. Growth of industrial prices was more rapid than the growth of consumer ones, predominantly due to increasing world prices of oil & metals. The labour market & public finance continue to be the main macroeconomic problems of the Czech Republic. The improvement may come only after adoption of fundamental reforms in both these areas. 9 Tables, 5 Graphs, 6 References. Adapted from the source document.

The long-term sustainability of the public finance in the context of population ageing is becoming a hot topic in most of the European countries including the Czech Republic. Moreover the Czech population will be one of the oldest in the world according to the forecasts of different institutions (UN, OECD, etc.). It poses challenge for the Czech pension security scheme. This paper presents possible scenarios of the future development & illustrates future fiscal impacts of the ageing assuming a preservation of the current Czech pension security scheme in the period up to 2050. The analysis is based on a detailed one-year age structure. This allows us to simulate the influence of the changes in component parameters of the current scheme on its future situation (for example, changes in retirement age limits). The main conclusion is that there is a rather small impact of these parameters changes on the expected future imbalance of the Czech pension system. Therefore a more fundamental reform of the current pension system should be considered. Tables, Graphs, References. Adapted from the source document.