This paper reviews the impact of ageing on private pensions, in particular on the payout phase, assesses the part that annuities can play in financing retirement, and examines the role of financial markets in facilitating the allocation on assets accumulated in defined contribution pension...

Purpose – The purpose of this paper is to assess readiness of Iranian micro-finance institutes (MFIs) to perform micro-insurance activities. Design/methodology/approach – A five-variable model was used. Each variable was assessed using a special dimension of readiness. Row data were gathered...

Purpose – The purpose of this paper is to assess readiness of Iranian micro‐finance institutes (MFIs) to perform micro‐insurance activities. Design/methodology/approach – A five‐variable model was used. Each variable was assessed using a special dimension of readiness. Row data were...

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.

This paper discusses the range of factors that can stimulate the further development of the domestic institutional sector through pension system reform measures. The development of the institutional sector in emerging market economies is compared with the experiences of OECD countries. The focus...

This paper reviews economic developments in Slovenia during 1990–96. Slovenia experienced its first positive real GDP growth in 1993. Real GDP grew by 1.3 percent. This modest recovery began under the impetus of buoyant domestic demand, which grew by 8¼ percent; real foreign demand...

This Selected Issues paper examines the long-term issues with pension expenditures in the Netherlands. The paper highlights that the public pension for a single person is equal to 70 percent of the (statutory) minimum wage. The minimum wage and public pensions thus move in lock-step; they are...

Purpose – The purpose of this paper is to describe how Agria Animal Insurance Sweden (Agria) has organised its quality‐related work through a sustained and systematic focus on basic elements of quality management such as value focused leadership, employee involvement, process management and...