Tag: Georgia

Waving Georgian flag and blue sky with clouds on background

Abstract Georgia, like many other Eastern European countries characterized by an aging population and limited public financial resources, offers virtually complete non-contributory public pension coverage aiming at reducing poverty and inequality.  However, like many other countries in the region, Georgia’s pension spending and budget deficits are projected to increase and remain at high levels for…

Global,Business,And,Finance

Since the 1980s, the share of the U.S. population over 65 has grown steadily. At the same time, the share of low-income older people living in nursing homes has declined sharply. New research by the University of Wisconsin’s Mary Hamman finds that this trend is, to some extent, being driven by an increasingly diverse population…