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Ageing and Employment Policies/Vieillissement et politiques de l'emploi Sweden Executive summary and recommendations

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Sweden has one of the oldest populations of all OECD member countries. The number of older people is rising rapidly and, by 2030, almost one in four Swedes will be over the age of 65. There is a risk that this will generate large upward pressures on public expenditures, while at the same time provoking acute labour shortages and slower economic growth. There is no simple solution to reduce these risks, but one thing is clear: to maintain an adequate level of social protection without increasing taxes, the employment rate of older workers (i.e. individuals aged 50 and over) will have to increase. This means that the long-term trend to early retirement will have to be reversed...

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Document Type: Review Article

Publication date: 2003-05-01

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