Monday, January 3, 2011
Sandp warned that the developed countries the existing pension system will drag down the financial
<P> Well-known international rating agencies Standard & Poor's 8, said that if nothing is done to reform the existing pension system, most developed countries sovereign debt will soar to "unsustainable levels." .</ P> <P> Standard & Poor's released the same day entitled "2010 Global Aging: an irreversible fact," the study reported that trends in the aging population will bring about profound changes in national economies around the world, and Pension .increased expenditures related countries will bring greater financial pressure. .</ P> <P> reported that, although the face of population aging, but the emerging economies, economic growth is relatively higher than developed countries, emerging economies, public finances face greater challenges. .If you continue to maintain the current pension system unchanged, by 2050 the debt burden of most developed countries will reach more than three times the gross domestic product. .</ P> <P> & P said the global financial and economic crisis disrupted the efforts of States to reduce the financial pressure of population aging is more severe had some European countries are also affected by the plight of the debt explosion, thus changing the pension system reform .even more urgent. .Although more and more countries have embarked on pension and health insurance reform, but still need more efforts to respond to future huge financial pressure. .(Evening News Yang Lei) </ P>.
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