Download or read book The Life cycle Distributional Consequences of Pay as you go and Funded Pension Systems written by Jane Falkingham and published by World Bank Publications. This book was released on 1993 with total page 81 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Life Cycle Distributional Consequences of Pay As You Go and Funded Pensions Systems written by World Bank. Policy Research Department. Finance and Private Sector Development Division and published by . This book was released on 1993 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt: Flat- rate pay- as- you- go pension plans and funded pensions produce very different distributional outcomes, the single most important determinant of which is the different lifetime employment and earnings records of men and women.
Download or read book Assessing Chile s Pension System Challenges and Reform Options written by Samuel Pienknagura and published by International Monetary Fund. This book was released on 2021-09-10 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chile’s pension system came under close scrutiny in recent years. This paper takes stock of the adequacy of the system and highlights its challenges. Chile’s defined contribution system was quite influential when introduced, and was taken as an example by other countries. However, it is now delivering low replacement rates relative to OECD peers, as its parameters did not adapt over time to changing demographics and global returns, while informality persists in the labor market. In the absence of reforms, the system’s inability to deliver adequate outcomes for a large share of participants will continue to magnify, as demographic trends and low global interest rates will continue to reduce replacement rates. In addition, recent legislation allowing for pension savings withdrawals to counter the effects from the COVID-19 pandemic, is projected to further reduce replacement rates and increase fiscal costs. A substantial improvement in replacement rates is feasible, via a reform that raises contribution rates and the retirement age, coupled with policies that increases workers’ contribution density.
Download or read book The Challenge of Public Pension Reform in Advanced and Emerging Economies written by Mr.Benedict J. Clements and published by International Monetary Fund. This book was released on 2013-01-25 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pension reform is high on the policy agenda of many advanced and emerging market economies. In advanced economies the challenge is generally to contain future increases in public pension spending as the population ages. In emerging market economies, the challenges are often different. Where pension coverage is extensive, the issues are similar to those in advanced economies. Where pension coverage is low, the key challenge will be to expand coverage in a fiscally sustainable manner. This volume examines the outlook for public pension spending over the coming decades and the options for reform in 52 advanced and emerging market economies.
Download or read book European Social Security and Global Politics Eiss Yearbook written by European Institute for Social Security. Conference and published by Kluwer Law International B.V.. This book was released on 2003-01-01 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: The twelve remarkable essays in this book explore this vital issue from a number of enlightening perspectives. European Social Security and Global Politics represents a partial gleaning of the September 2001 conference-held in Bergen, Norway-of the European Institute of Social Security, a leading multidisciplinary research group and the vanguard of the debate on social security in Europe. Fifteen highly committed researchers and administrators from all over Europe offer in-depth analysis and conclusions in such crucial areas as: how globalisation increases inequality and hinders redistribution of wealth how certain social security policies hamper the free movement of workers the elusive promise of regional social security in Europe essential elements of any proposed global social security policy various reform initiatives for the fair administration of pension schemes In addition to the invaluable individual insights advanced in each paper, two notable trends seem to pervade the entire conference. One is the growing divergence of social security policy within European countries, coexisting uneasily with EU measures against social exclusion; the other is the sudden clarity of principle and design in the European welfare state when seen against the virtual anarchy of the globalisation model. Where these trends may lead us is only beginning to come into focus, and this book is among the first to sharpen the images of the possible futures in European social security that are likely to emerge in the next decade. All professionals in any aspect of social security policy or study will benefit enormously from this provocative book, not only in Europe but throughout the world.
Download or read book Empirical Perspectives on National Index Funds written by Ishac Diwan and published by World Bank Publications. This book was released on 1993 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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 Demographics Pension Systems and the Saving Investment Balance written by Hua Chai and published by International Monetary Fund. This book was released on 2018-12-07 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the effect of demographic change on national saving, global interest rates, and international capital flows, focusing on the role of the public pension system. We develop a small open economy overlapping generations model to illustrate the channels through which demographic variables and pension system generosity interact to affect both private and public saving behavior. We then extend this framework to a two-country setting and simulate scenarios of demographic change and pension reform. We find that the generosity of the pension system plays an important role in determining the movement of the global interest rate and patterns of international capital flows.
Download or read book How Much Do Distortions Affect Growth written by William Russell Easterly and published by World Bank Publications. This book was released on 1993 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contrary to the traditional view that distortions of relative prices have modest effects, Easterly finds that distortions can greatly affect growth and welfare.
Download or read book Decentralizing Water Resources Management written by K. William Easter and published by World Bank Publications. This book was released on 1993 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Private sector involvement and user participation in water resource management, if properly structured, can provide incentives needed to stabilize and improve the efficiency of irrigation and water supply systems. Cost recovery is excellent in many projects in which water management and operations and maintenance are entrusted to water users.
Download or read book Savings investment Correlations and Capital Mobility in Developing Countries written by Nlandu Mamingi and published by World Bank Publications. This book was released on with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Unitary Versus Collective Models of the Household written by and published by World Bank Publications. This book was released on 1993 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: A case for shifting from the unitary to the collective model of the household -- in which the household may be viewed as a factory in which individuals are motivated at times by altruism, at times by self- interest, and often by both.
Download or read book Characteristics and Performance of Settlement Programs written by B. H. Kinsey and published by World Bank Publications. This book was released on 1993 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Japanese Foreign Direct Investment written by and published by World Bank Publications. This book was released on 1993 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: The apparent shift of Japan's foreign direct investment from higher- income host countries (such as the United States) toward Asian developing countries (such as China) may create opportunities for sustained growth in these lower income economies. This shift seems to be part of a strategic reorientation that will gradually reduce Japanese dependence on the United States while Japan explores intra- Asian opportunities.
Download or read book The Taxation of Natural Resources written by Robin W. Boadway and published by World Bank Publications. This book was released on 1993 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this study is to concentrate on the use of taxation measures by the public sector to extract revenues from resources industries, special consideration is given to taxes specific to the resource sector.
Download or read book Primary School Achievement in English and Mathematics in Zimbabwe written by Levi M. Nyagura and published by World Bank Publications. This book was released on 1993 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Zimbabwe's primary schools, higher achievement in math is associated with the amount of teacher training and instructional time, as well as the pupil- teacher ratio. Higher achievement in English is associated with the pupil- teacher and textbook- to- pupil ratios as well as the amount of teacher training.
Download or read book Developing Countries and the Uruguay Round Negotiations on Services written by Bernard M. Hoekman and published by World Bank Publications. This book was released on 1993 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many developing countries are pursuing regulatory reform and liberalization. To what extent will signing the General Agreement on Trade an Services help governments trying to make their service sectors more efficient? Is the result of the defensive negotiating strategy that was pursued consistent with the shift toward a policy of liberalizing service markets?
