And immigration, which had helped offset this effect and ease skills shortages, is slowing too. Ageing will add to the fiscal burden: spending on pensions, health and long-term care is projected to increase by 3.
The productivity measures do ignor the strengthening of the CHF since Therefore those measures are flawed. Measuring productivity using a currency basket would lead to different conclusions and explain increasing wealth accumulation in Switzerland. We are curious to know why swiss citizen home ownership is so long, about 50 percent can not afford to own a home.
Likewise, the disincentives in the tax system to take on more hours should be removed by shifting to taxation of individual incomes or undertaking some equivalent measure. Participation in life-long learning should be promoted more actively to ensure that workers continue to maintain and adapt their skills as the economy changes at an ever-faster pace. Learn More - opens in a new window or tab Any international shipping is paid in part to Pitney Bowes Inc. Learn More - opens in a new window or tab. Report item - opens in a new window or tab.
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The Survey of Health, Ageing and Retirement in Europe (SHARE): Home
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