The use of matching contributions to enhance the participation and level of savings in pensions system has now been in use for nearly three decades in a number of high income countries. Increasingly, countries across the full range of economic development are looking to the design as a means of...

The global financial storm which started in 2007 and which we are still experiencing is one of the very best examples in recent economic history of how much the financial system can exacerbate real economy cycles. Such pro-cyclicality has triggered a lively debate on which tools can be used to...