Ageing and Pension Reform Around the World

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Release : 2006-01-01
Genre : Social Science
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Book Rating : 372/5 ( reviews)

Ageing and Pension Reform Around the World - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Ageing and Pension Reform Around the World write by Giuliano Bonoli. This book was released on 2006-01-01. Ageing and Pension Reform Around the World available in PDF, EPUB and Kindle. This is an admirable example of a multi-authored comparative book. The two editors set the scene very carefully in the opening chapter and the subsequent chapters follow the framework set out and use the concepts explored there. In this never simple policy area, national systems are explained as clearly as possible by each author. Michael Hill, Journal of Social Policy This is an enlightening introduction to the global dimensions and complexity of pension reform. Recommended. J.F. O Connell, Choice Population ageing and the resulting pressures on existing pension systems constitutes one of the most important challenges modern societies will have to face over the coming decades. Although governments have responded to such pressures by adopting a plethora of pension reforms, the adaptation process is far from over. This book comprehensively documents developments in pension policy in eleven advanced industrial countries in Western Europe, East Asia and North America. In order to explore what population ageing means for the sustainability of pension systems, the authors present a detailed review of pension policy making over the past two decades and provide up-to-date analysis of current pension legislation. They examine the factors that can facilitate or impede the adaptation of pension systems and the features that shape and determine reforms. They also highlight the fact that although the path of reform taken by each country is somewhat different, the processes at work are often very similar. Ageing populations throughout the world are extremely reluctant to see their pension systems dismantled and are therefore prepared to mobilise in their defence. This process of mobilisation interacts with demographic pressures and institutional constraints to help determine the future direction of pension policy. The breadth of geographic coverage provides an almost global picture of the impact of ageing on pension reform, at least in terms of high income countries. Academics and students with an interest in economics, social policy, sociology and political science will find this a worthwhile and rewarding volume. It will also be of value to policymakers interested in how the problem of unsustainable pension systems can be resolved.

Financial Market Trends Ageing and Pension System Reform: Implications for Financial Markets and Economic Policies

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Release : 2005-11-16
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Book Rating : 761/5 ( reviews)

Financial Market Trends Ageing and Pension System Reform: Implications for Financial Markets and Economic Policies - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Financial Market Trends Ageing and Pension System Reform: Implications for Financial Markets and Economic Policies write by OECD. This book was released on 2005-11-16. Financial Market Trends Ageing and Pension System Reform: Implications for Financial Markets and Economic Policies available in PDF, EPUB and Kindle. This OECD 2005 report, prepared at the request of Deputies of the G10, reviews economic consequences of ageing populations for financial markets and recommends that governments help facilitate development of financial instruments to support retirement savings and pensions.

Assessing Chile's Pension System: Challenges and Reform Options

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Release : 2021-09-10
Genre : Business & Economics
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Book Rating : 11X/5 ( reviews)

Assessing Chile's Pension System: Challenges and Reform Options - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Assessing Chile's Pension System: Challenges and Reform Options write by Samuel Pienknagura. This book was released on 2021-09-10. Assessing Chile's Pension System: Challenges and Reform Options available in PDF, EPUB and Kindle. Chile’s pension system came under close scrutiny in recent years. This paper takes stock of the adequacy of the system and highlights its challenges. Chile’s defined contribution system was quite influential when introduced, and was taken as an example by other countries. However, it is now delivering low replacement rates relative to OECD peers, as its parameters did not adapt over time to changing demographics and global returns, while informality persists in the labor market. In the absence of reforms, the system’s inability to deliver adequate outcomes for a large share of participants will continue to magnify, as demographic trends and low global interest rates will continue to reduce replacement rates. In addition, recent legislation allowing for pension savings withdrawals to counter the effects from the COVID-19 pandemic, is projected to further reduce replacement rates and increase fiscal costs. A substantial improvement in replacement rates is feasible, via a reform that raises contribution rates and the retirement age, coupled with policies that increases workers’ contribution density.

The Challenge of Public Pension Reform in Advanced and Emerging Economies

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Release : 2013-01-25
Genre : Business & Economics
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Book Rating : 31X/5 ( reviews)

The Challenge of Public Pension Reform in Advanced and Emerging Economies - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Challenge of Public Pension Reform in Advanced and Emerging Economies write by Mr.Benedict J. Clements. This book was released on 2013-01-25. The Challenge of Public Pension Reform in Advanced and Emerging Economies available in PDF, EPUB and Kindle. Pension reform is high on the policy agenda of many advanced and emerging market economies. In advanced economies the challenge is generally to contain future increases in public pension spending as the population ages. In emerging market economies, the challenges are often different. Where pension coverage is extensive, the issues are similar to those in advanced economies. Where pension coverage is low, the key challenge will be to expand coverage in a fiscally sustainable manner. This volume examines the outlook for public pension spending over the coming decades and the options for reform in 52 advanced and emerging market economies.

Old-age Income Support in the 21st Century

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Release : 2005-01-01
Genre : Business & Economics
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Book Rating : 40X/5 ( reviews)

Old-age Income Support in the 21st Century - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Old-age Income Support in the 21st Century write by Robert Holzmann. This book was released on 2005-01-01. Old-age Income Support in the 21st Century available in PDF, EPUB and Kindle. The past decade has brought an increasing recognition to the importance of pension systems to the economic stability of nations and the security of their aging populations. This report attempts to explain current policy thinking and update the World Bank's perspective on pension reform. This book incorporates lessons learned from recent Bank experiences and research that have significantly increased knowledge and insight regarding how best to proceed in the future. The book has a comprehensive introduction and two main parts. Part I presents the conceptual underpinnings for the Bank's thinking on pension systems and reforms, including structure of Bank lending in this area. Part II highlights key design and implementation issues where it signals areas of confidence and areas for further research and experience, and includes a section on regional reform experiences, including Latin American and Europe and Central Asia.