You are here: Home Review 2010 Table of Contents Press Releases August 12, 2010 How Migration Can Resolve the Problems of Aging Societies

August 12, 2010 How Migration Can Resolve the Problems of Aging Societies

Global Economic Symposium Session Preview No. 2
Most of the industrialized countries are facing the problems engendered by aging societies, such as rising retirement spending and rising health care spending. Although these problems would not have a great effect on the underdeveloped social security systems in threshold countries like China, the well-developed social security systems in many of the industrialized countries are near a financial collapse because of these problems.

What lessons can the financial crisis teach us about creating a wise balance between government and privately financed retirement schemes? What requirements would a privately financed retirement system have to satisfy in order to work? What can government and financial institutions do to make people think more about their retirement? And how can migration policy contribute to resolving the demographic problems in the industrialized countries? These are the kinds of questions that the Global Economic Symposium, which is being held by the Kiel Institute for World Economics (IfW) and the German National Library of Economics (ZBW) in Istanbul in late September, will attempt to answer.

The experts can already discuss the topics to be dealt with at the symposium in advance by contributing to the web forum “Virtual GES” of the Global Economic Symposium. One possible answer that is already beginning to take shape in the panel on “Financing Old Age” is that social security systems can only be financed if govern­ments open up labor markets for migrants. Countries like Germany that have an aging society, rising health costs, and a decreasing birth rate need migrants.

The Kiel Institute and the German National Library of Economics would like to invite you to attend the symposium.


About the Global Economic Symposium

Istanbul will be turned in a think tank on September 28-29. More than 400 high-ranking experts from business, academia, government, and society will meet in Istanbul for the Global Economic Symposium (GES). The GES, which is being held by the Kiel Institute for World Economics (IfW) and the German National Library of Economics (ZBW), is being held for the third time, and for the first time outside of Germany. Among the expected participants are Shumeet Banerji (CEO, Booz & Company), Hans-Paul Bürkner (President und CEO of the Boston Consulting Group), Karel De Gucht (EU Commissioner for Trade), Ömer Dinçer (Turkish Minister of Labor and Social Security), Yves Leterme (Prime Minister, Belgium), George Papaconstantinou (Greek Minister of Finance), Mehmet Şimşek (Turkish Minister of Finance), James P. Leape (WWF Director General), and the Nobel Laureates in Economics James J. Heckman (University of Chicago), Eric S. Maskin (School of Social Science, Princeton), and Edmund Phelps (Columbia University).

The Kiel Institute’s media agency will be happy to receive your media-accreditation:

Effect Public Relations
Kısıklı Cad. No. 35/2 Altunizade
İstanbul, Turkey

Email: [Email protection active, please enable JavaScript.]
Phone +90 (533) 664 25 47 (Ms. Tugce Gozen)
Fax +90 (216) 474 00 01

Back to Press Releases

Back to Table of Contents