Consideration of the social welfare, financial system and institutional implications for DCs of the current, World Bank-led, trend towards systemic old-age pension reforms based on an expanded role for mandatory private provision indicates the desirability of reform alternatives. The wider...

This paper delineates key constraints on the formulation and implementation of old age support in developing countries (DCs), identifying specific institutional and organizational points of 'blockage'. The paper argues that these institutional and procedural constraints collectively underpin the...