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Most of the seven major industrial countries are now experiencing significant changes in their demographic structure. A persistent pattern of declining fertility and improving life expectancy has created major segments of the population that are already relatively aged or will become so in the near future. This paper examines the impact of prospective demographic trends on the level and structure of social expenditure by the governments of the seven major industrial countries (the Group of Seven) through the year 2025.

Expenditures, Public. --- Expenditures, Public --- Social policy. --- Age distribution (Demography) --- Forecasting. --- Distribution, Age (Demography) --- Age --- Age groups --- Vital statistics --- Population aging --- National planning --- State planning --- Economic policy --- Family policy --- Social history --- Expenditure forecasting, Public --- Forecasting, Public expenditures --- Budget --- Economic forecasting --- Appropriations and expenditures --- Government appropriations --- Government expenditures --- Government spending --- Public expenditures --- Public spending --- Spending, Government --- Finance, Public --- Public administration --- Government spending policy --- Labor --- Public Finance --- Health Policy --- Demography --- Economics of the Elderly --- Economics of the Handicapped --- Non-labor Market Discrimination --- National Government Expenditures and Related Policies: General --- Demographic Economics: General --- Social Security and Public Pensions --- Nonwage Labor Costs and Benefits --- Private Pensions --- Population & demography --- Public finance & taxation --- Pensions --- Labour --- income economics --- Health systems & services --- Aging --- Expenditure --- Population and demographics --- Pension spending --- Population --- Medical care --- Germany