Assess the potential macroeconomic consequences of a sustained decline in global population growth rates on long-term interest rates, public pension systems, and international trade balances. Consider the role of demographic trends in shaping fiscal policies and the strategies governments might employ to mitigate adverse effects.
Assess the potential macroeconomic consequences of a sustained decline in global population growth rates on long-term interest rates, public pension systems, and international trade balances. Consider the role of demographic trends in shaping fiscal policies and the strategies governments might employ to mitigate adverse effects.
Chapter15: Fiscal Policy
Section: Chapter Questions
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Assess the potential macroeconomic consequences of a sustained decline in global population growth rates on long-term interest rates, public pension systems, and international trade balances. Consider the role of demographic trends in shaping fiscal policies and the strategies governments might employ to mitigate adverse effects.
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