Fiscal Restraint, Demographic Change, and Social Services in Israel, 1985-1987, and Application of the Methodology to Latin America

The paper analyzes the development of government social expenditure during the economic stabilization period, with specific reference to the changing needs for such expenditure arising from the change in Israel’s demographic structure. The results reveal a real cut in direct services. The implicit s...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1988
Series:IMF Working Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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245 0 0 |a Fiscal Restraint, Demographic Change, and Social Services in Israel, 1985-1987, and Application of the Methodology to Latin America 
260 |a Washington, D.C.  |b International Monetary Fund  |c 1988 
300 |a 56 pages 
651 4 |a Israel 
653 |a Population & demography 
653 |a Economics of the Handicapped 
653 |a Total expenditures 
653 |a Demographic Economics: General 
653 |a Non-labor Market Discrimination 
653 |a Public finance & taxation 
653 |a Aging 
653 |a Economics of the Elderly 
653 |a Population aging 
653 |a National Government Expenditures and Related Policies: General 
653 |a Education 
653 |a Population and demographics 
653 |a Expenditure 
653 |a Demography 
653 |a Education: General 
653 |a Expenditures, Public 
653 |a Population 
653 |a Public Finance 
710 2 |a International Monetary Fund 
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490 0 |a IMF Working Papers 
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520 |a The paper analyzes the development of government social expenditure during the economic stabilization period, with specific reference to the changing needs for such expenditure arising from the change in Israel’s demographic structure. The results reveal a real cut in direct services. The implicit strategy applied a mere restraint, for some two to three years, with real erosion in services arising from the growth in the size of beneficiary groups. This strategy proved attainable, even though it took more time than an alternative shock-like strategy that would have had little, if any, chance of being implemented. A partial application to six Latin American countries shows that even though the increase of the elderly dependency ratio is more than offset by the declining child-dependency ratio, there will be an overall increase in dependency-related expenditure