Pensions in DevelopmentThis title was first published in 2001. Challenging conventional approaches to the delivery of sustainable "social protection" to the elderly in developing countries (DCs) and assessing their implications, this work discusses the appropriateness of the public management of funded systems in DCs with relatively large formal sectors. The combination of social assistance approaches to social protection for the elderly facilitates the formation of an original unbiased "pensions in development" approach. Arguing for expeditious implementation of non-contributory tax (or aid) financed universal old-age "pensions" provision in all DCs and advocating industry flexibility and inclusivity, the book provides a treatment of a growing issue in worldwide development. |
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An optimally designed old age pension system should fulfil the dual purpose of protecting the old from income insecurity ... of national work injury programmes in many states - a fact which rendered these schemes, as recently as 1990, ...
Accordingly, the not inconsiderable welfare merits of unfunded, PAYG, state pension schemes operated on social insurance principles are largely ignored (as are the enormous, unavoidable, shortterm administrative and medium-term ...
Ironically, the key policy shift advocated by the Bank involves supporting states in moving away from precisely the publicly managed, largely social insurance based, defined benefit (DB) pension schemes that the ILO had so strongly ...
... the measures referred to ... are essentially adjustments of existing systems', rather than more radical 'solutions, of wider scope, aimed at redefining the role or even the very nature of general pension schemes' (ILO, 1989, p.113).
As Dimitri Vittas, reflecting Bank thinking prior to the full development of its preferred model in Averting, pointed out: 'In Britain and the US less than half of private sector employees are covered by company pension schemes, ...
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المحتوى
PublicPrivate Partnerships in Pillared Pension | |
Regional Responses Distilling Lessons from | |
Epitaph | |
Trends and Issues in Social | |
The Pension FundCapital Market Nexus | |
From Monologue | |
Appendix | |
Population Aged 60 Years or Older | |
ILO Tiered Pensions Model | |
Changes in Coverage in Selected SSA Countries | |
Bibliography | |
Index | |
Alternative Agendas for Least Developed Countries | |