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Persistent link: https://www.econbiz.de/10003633213
The Social Security program was intended to be modeled along the lines of a private insurance plan. Yet, it was never that similar, and changes over the years have made it even less so.This paper explores the factors contributing to the periodic quot;crisesquot; in Social Security, considers the...
Persistent link: https://www.econbiz.de/10012709319
productivity growth. While these reforms are needed, private pensions can also play a role inimproving retirement income for … savings for retirement. This note also addresses the challenges of the private, funded system and proposes policy … recommendations for increasing coverage, improving efficiency, and delivering sustainable retirement income in the payout phase. This …
Persistent link: https://www.econbiz.de/10012646631
The impact of pension assets on financial development is both quantitatively and qualitatively. On quantitatively, pension funds increase capital supply to financial market. On qualitatively, pension funds as institutional investors could promote corporate governance, information disclosure and...
Persistent link: https://www.econbiz.de/10013006048
stability, the multifondos investment regulation should be replaced with a 'target date' default, delineated by retirement age …
Persistent link: https://www.econbiz.de/10013413975
stability, the multifondos investment regulation should be replaced with a 'target date' default, delineated by retirement age …
Persistent link: https://www.econbiz.de/10013545360
At present, the question of how national pension or retirement payment systems should be organised is being hotly … of three major European countries - Germany, France and the U.K. - and between the financial systems of these countries … identified in the case of France. 3) these parallels are based on complementarities and are therefore likely to contribute to the …
Persistent link: https://www.econbiz.de/10001678874
Persistent link: https://www.econbiz.de/10013444428
This 2007 Article IV Consultation highlights that the economy of St. Vincent and the Grenadines is enjoying its second year of vigorous economic growth. Financial sector indicators have strengthened, but balance sheet vulnerabilities remain. Executive Directors have welcomed St. Vincent and the...
Persistent link: https://www.econbiz.de/10011243153
This 2007 Article IV Consultation highlights that the Norwegian economy is set to grow strongly in 2007 for the fourth consecutive year. This economic performance is underpinned by strong monetary and fiscal policy frameworks. External demand, both for petroleum products and other Norwegian...
Persistent link: https://www.econbiz.de/10011243240