Download or read book Portfolio Performance of Selected Social Security Institutes in Latin America written by Carmelo Mesa-Lago and published by . This book was released on 1991 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the management of investment portfolios by social security institutes in eight Latin American countries: the Bahamas, Barbados, Chile, Costa Rica, Ecuador, Jamaica, Mexico, and Peru. In general, pension reserves have not been invested in instruments with the highest economic returns. Capital markets are poorly developed, inflation has had a pervasive negative effect on the value of reserves held in financial assets, and fund managers lack the training and skills necessary to manage their portfolios. As a result, only three of the eight countries: Chile, the Bahamas, and Barbados, enjoyed positive real rates of return on their investments over the period 1980-87. The paper offers four recommendations that would improve portfolio management. Investment policy should rest solely with the autonomous social insurance institute to avoid counterproductive government intervention. Longer-term and more diversified investments, particularly in fixed-term deposits with higher real returns, would strengthen the portfolios of most institutes. Social security institutes in many countries would benefit from study of the privatization process undertaken in Chile over the past decade. Lastly, pension-fund managers will require technical assistance and training in portfolio management to achieve positive results.
Download or read book Social Security and the Informal Sector in Latin America written by Carmelo Mesa-Lago and published by . This book was released on 1992 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Ageing and Development Report written by Judith Randel and published by Routledge. This book was released on 2017-07-28 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'This timely report by HelpAge International sets out to establish some of the key social and political issues affecting older people's lives. It marks the first documentation of this information and I feel sure that it will be an important contribution to the growing debate' From the Foreword by Gro Harlem Brundtland, Director-General, World Health Organization The world's population is ageing. The majority of older people live in the developing world, where unprecedented growth in the number of older people has major implications for economies, health systems, housing, working patterns and family relationships. The Ageing and Development Report is the first extensive survey of the issues. Drawing on HelpAge International's long experience in over 60 countries, with contributions from world experts in the field, key themes such as community involvement, family life, health and well-being, poverty and exclusion, gender, migration and economic security are addressed. Case studies and statistics provide a comprehensive review of the condition of older people in the world's poorest countries. The Report argues for a fundamental shift in policy and opinion on ageing to reflect the real economic and social contributions of older people and enable them to retain their independence. It will be essential reading for development policy makers and practitioners in governmental and non-governmental agencies, demographers and gerontologists.
Download or read book Public Pensioin Governance and Performance written by and published by World Bank Publications. This book was released on with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Keeping the Promise of Social Security in Latin America written by Indermit S. Gill and published by World Bank Publications. This book was released on 2004-10-25 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Empirical analysis of two decades of pioneering pension and social security reform in Latin America and the Caribbean shows that much has been achieved, but that critical challenges remain. In tackling this unfinished agenda, a great deal can be learned from the reform experience of countries in the region. 'Keeping the Promise,' produced by the chief economist's office for the Latin America and Caribbean region at the World Bank, evaluates policy reforms in 12 countries, points to successes and shortcomings, and proposes priorities and options for future reform.
Download or read book The Economics of Pensions written by Salvador Valdés-Prieto and published by Cambridge University Press. This book was released on 1997 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, first published in 1997, offers up-to-date research about publicly regulated pensions for old age.
Download or read book The Building Blocks of Participation written by Michael M. Cernea and published by World Bank Publications. This book was released on 1992-01-01 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Examines how a capacity for mobilizing community participation can be built into a project's design and staffing. This paper answers that question by analyzing, step-by-step, one case rich in experience: the decentralization project in Mexico and its predecessor, the PIDER (Programa Integral para el Desarrollo Rural) program. The time span of this series of projects stretches from the early 1970s to the early 1990s"--Handbook of Latin American Studies, v. 57.
Download or read book Averting the Old Age Crisis written by and published by World Bank Publications. This book was released on 1994 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: This policy-oriented book identifies the issues countries should consider as they reevaluate their old income security policies and formulate new methods. The choice between the various models for providing old-age security has broad implications for the operation of labor and capital markets, the fiscal system, and the level, growth, and distribution of GNP. The author concludes that a mixed strategy is more effective than any single method of income security. This will be an important book for international economists and policymakers.
Download or read book Bigger Economies Smaller Governments written by William Glade and published by Routledge. This book was released on 2019-08-15 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: Privatization of large national enterprises has been the most far-reaching of Latin America's dramatic structural reforms, the objective being to underpin fiscal stability by shedding huge capital requirements. But long-term gains to the economy also depend on such factors as increased efficiency through better communications and infrastructure and
Download or read book Exporting High value Food Commodities written by Steven Jaffee and published by World Bank Publications. This book was released on 1993-01-01 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic integration of the European Community (EC) and its implications for Sub-Saharan Africa are examined in this anthology.
Download or read book Do Options Exist written by Maria Amparo Cruz-Saco and published by University of Pittsburgh Pre. This book was released on 2010-11-23 with total page 457 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely volume brings together specialists on the reform of social security systems to analyze the similarities and differences of those health care and pension reforms that have taken place since the early 1990s and suggests possible gains through recent or contemplated revisions to those systems.
Download or read book Old Age Security in Transitional Economies written by M. Louise Fox and published by World Bank Publications. This book was released on 1994 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pension reform has proved even more contentious an issue than privatization during the former communist countries' transition to a market- based economy.
Download or read book Civil Service Reform and the World Bank written by Barbara Nunberg and published by World Bank Publications. This book was released on 1995-01-01 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annotation Surveys the World Bank's experience in supporting developing country civil service reforms and begins to assess the progress made. The World Bank recognizes the importance of the civil service to the general welfare of the 4.6 billion people in low and middle income countries. Between 1981 and 1991, civil service reform was a prominent feature of 90 World Bank lending operations. This paper surveys the Bank's experience in supporting this reform and assesses the progress made. The lending operations concentrated on two separate dimensions: (1) Shorter-term, emergency steps to reform public pay and employment policies, which center on measures to contain the cost and the size of the civil service (2) longer-term civil service strengthening efforts directed toward ongoing, sustained management improvements. After examining the record of these reforms, the authors conclude that the results have been mixed at best. They recommend greater emphasis on devising a coherent, far-reaching strategy for reform and on detailing the set of tactics by which these goals will be achieved.
Download or read book Borrower Ownership of Adjustment Programs and the Political Economy of Reform written by John H. Johnson and published by World Bank Publications. This book was released on 1993-01-01 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: China has done much to reform its price system, achieve macroeconomic stability, and restore growth. Nevertheless, price distortions remain in three key areas. This study suggests further price reforms for the energy, grain, and transport sectors. It explains why energy price adjustments should have only a modest effect on consumer prices, but a highly positive effect on the economy. It discusses why China may have to reduce consumer subsidies to achieve the necessary reforms for grain prices. The study describes what the government must do to strengthen commodity markets, generate competition, and make allowances for seasonal price variations. China's transport sector has been a critical development bottleneck. The paper reviews tariff adjustments and other reforms that would modernize the transport system and help it meet growing demand. These reforms also would encourage energy conservation and help integrate the national economy.
Download or read book Publications Update written by World Bank and published by . This book was released on 1990 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Migration and International Trade written by Sharon Stanton Russell and published by World Bank Publications. This book was released on 1992 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: World Bank Technical Paper No. 154. Also available: Volume 1 (ISBN 0-8213-1843-8) Stock No. 11843; Volume 2 (ISBN 0-8213-1844-6) Stock No. 11844. Provides state-of-the-art guidance and information on the procedural requirements and practical aspects of environmental assessment in various sector- and location-specific contexts. Three volumes also available in Arabic: Volume 1 (ISBN 0-8213-3523-5) Stock No. 13523; Volume 2 (ISBN 0-8213-3617-7) Stock No. 13617; Volume 3 (ISBN 0-8213-3618-5) Stock No. 13618.
Download or read book Participatory Development and the World Bank written by Bhuvan Bhatnagar and published by World Bank Publications. This book was released on 1992-01-01 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: Participatory development is an end and a means. It is an end because participation builds skills and enhances people's capacity for action and for enriching their lives. It is a means because participation contributes to better development policies and projects. As a development agency, the World Bank is primarily concerned with exploring how individuals, communities and public and private institutions can contribute to making development prospects better and more lasting. This report reflects the outcome of a workshop intended to explore some difficult issues, such as whether the Bank is approaching the idea of participation in the right way; how and to what extent external agencies can encourage participatory development. This book is a guide to the learning process. The main messages of the introductory chapter reflect further thinking of the learning groups since the workshop.
