Would Saving Us Social Security Raise National Saving

Download or read book Would Saving U.S. Social Security Raise National Saving? written by Mr.Jan Walliser and published by International Monetary Fund. This book was released on 1999-07-01 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analysts agree that raising national saving is one of the key objectives of social security reform in the United States. Hence, to judge the merits of proposals requires a comparison of saving responses. The paper outlines the difficulties involved in making those comparisons, which arise from the unsustainability of the current social security system and the uncertainty regarding the use of projected budget surpluses. Building on previously developed arguments, it discusses three typical reform plans and also draws some conclusions about the relationship between social security reform and the long-run sustainability of fiscal policy.