By Christine de la Maisonneuve & Joaquim Oliveira Martins
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Detailed results for all scenarios are provided in Appendix 5. 2. 8 1. Unweighted average. 1 The cost-pressure scenario 55. 1 % of GDP. However, some countries, like Chile, Estonia, Korea, Mexico and Turkey, will experience higher increases (equal to or above 2 percentage points). These countries are starting from a very low level of 32 ECO/WKP(2013)40 LTC expenditure and are in the process of catching up to higher levels. Conversely, Israel, Luxembourg, Sweden, the United-Kingdom and the United States are projected to experience only small increases in their LTC expenditure to GDP ratios (less than 1 percentage point).
25 for non-OECD countries), possibly reflecting policy action aimed at mitigating relative wage increases of LTC providers. For example, action to curb expenditure could be aimed at facilitating access to LTC provision by low-skilled migrants or at providing incentives to balance institutional and home-based LTC. 53. Sensitivity analysis has been carried out in the context of the cost-containment scenario, with respect to the Baumol effect, the income elasticity and the implications of healthy ageing for the number of dependants.
52 ECO/WKP(2013)40 APPENDIX 4. 1. 37) . 2. 000 ECO/WKP(2013)40 APPENDIX 5. 1.