GLOBAL - The world's richest economies must urgently work out how to put a lid on spiraling retirement costs to address the "acute" challenge of tackling high public debt, according to the International Monetary Fund (IMF).
The IMF predicted all G7 countries, with the exception of Canada and Germany, will have debt-to-GDP ratios close to or exceeding 100% by 2014. But IMF first deputy managing director John Lipsky ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
