This paper presents an overview of the World Bank's lending and knowledge building activities that have improved pension systems in client countries during the past two decades. The objectives of this report are: i) to describe the policy framework that has guided the Bank's work on pension...

After discussing the evolution of the policy dialogue in Hungary, this report broadly describes the reform of the pay-as-you-go public pension system and its partial privatization as legislated in July 1997. Through a combination of a debt and tax financed transition, the first partial pension...

Croatia's transition toward independence, and the market economy in the 1990s, exacerbated problems in the pay-as-you-go (PAYG) system, and ultimately led to its financial collapse. Although a comprehensive three-pillar reform was initiated in late 1995, implementation of the reform only began...

This report summarizes key aspects of unemployment benefit schemes across the world and presents information on their characteristics in a cross-country comparative context. Unemployment benefit schemes can be of insurance type (paid from employer/worker contributions to provide insurance...

A large number of public pension schemes around the world have accumulated significant reserves. Pre-funding might reduce the risk that future governments will not be able to meet pension obligations. The management of these funds therefore, has a direct effect on financial sustainability and...

The objective of this cross country study was to determine if there was any significant difference those individuals who participated in active labor programs (ALP) and similar individuals who did not participate in the programs (the comparison group), with regard to agreed outcome measures of...

Studies that have been done on the relationships between poverty, vulnerability, risks and children's activities have shown that child work may not always be a consequence of poverty, and that some aspects of vulnerability may be more important in determining whether children work or not vis a...

Training programs are the most common active labor market interventions around the world. Whether designed to develop skills of young job seekers or upgrading skills of adult workers, training programs are aimed at counteracting employability barriers that hinder the integration of people into...

Child labor is widespread, and bad for development, both that of the individual child, and of the society and economy in which she, or he lives. If allowed to persist to the current extent,child labor will prevent the achievement of the Millennium Development Goals of halving poverty, and...

Funded mandatory pension systems based on individual accounts are spreading around the world. With the maturation of those systems, regulating the withdrawal of retirement savings will become increasingly important. Government regulation of withdrawals should mandate the purchase of...