Population ageing and long-run fiscal sustainability in New Zealand

Abstract

This paper discusses the challenge for fiscal sustainability in New Zealand in the face of the demographic transition involving population ageing and the ‘ageing of the aged’. The need for rational policy analysis is stressed in examining a wide range of policy responses and trade-offs, and the ingredients of successful policy analysis are discussed. Contributions to the Special Issue are described and placed in context.

Keywords:

• fiscal sustainability
• population ageing
• policy analysis