Pensions in Development
This 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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... potential consequences even of poor returns on their investments, let alone the consequences of total loss. Our ninth contention is that for DCs in general, but for small and poor DCs in particular, there is significant, as yet ...
... potential significance, not least the problems raised by demographic ageing. World Bank cost projections based upon likely future global demographic ageing levels suggest that 'public spending on old age security will escalate sharply ...
... potentially , key saving and investment instruments in financial intermediation , specifically with the capacity to underpin and stabilise capital market development through their theoretically long investment horizons ( for a summary ...
... potentially more productive uses . In theory , a pensions policy based primarily on the privatisation of previously state - run provision , replacing collective systems of tax - financing with individual accounts managed on a ...
... potential welfare models for other DCs , was already firmly established well before the World Bank was to take a major interest in pension policy in DCs . From Pensions and Development to Pensions in Development In the light of the huge ...
PublicPrivate Partnerships in Pillared Pension Provision
Trends and Issues in Social
Alternative Agendas for Least Developed Countries
The Pension FundCapital Market Nexus
From Monologue to Dialogue