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Costa Rica A Pension Reform Strategy
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Book Synopsis Costa Rica, a Pension Reform Strategy by :
Download or read book Costa Rica, a Pension Reform Strategy written by and published by World Bank Publications. This book was released on 2000-01-01 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Early retirement and lax eligibility for disability are bad for the economy because they reduce labor productivity and the supply of experienced workers, and they are bad for the system because they impose a heavy financial burden that makes it nonsustainable." Costa Rica is at a turning point with respect to its social security system. While half the work force is covered and beneficiaries have fared well in the past, the pay-as-you-go (PAYG) pension system is unsustainable for the future. This publication describes the present pension system, its shortcomings, and defends the need for urgent reform. It also makes recommendations on how to reform the system, what should be changed first, and exactly what areas of the pension system should be modified.
Book Synopsis Assessing Chile's Pension System: Challenges and Reform Options by : Samuel Pienknagura
Download or read book Assessing Chile's Pension System: Challenges and Reform Options written by Samuel Pienknagura and published by International Monetary Fund. This book was released on 2021-09-10 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Old-age Income Support in the 21st Century by : Robert Holzmann
Download or read book Old-age Income Support in the 21st Century written by Robert Holzmann and published by World Bank Publications. This book was released on 2005-01-01 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Pension Reform and the Development of Pension Systems by : Emily S. Andrews
Download or read book Pension Reform and the Development of Pension Systems written by Emily S. Andrews and published by World Bank Publications. This book was released on 2006 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Formal pension systems are an important means of reducing poverty among the aged. In recent years, however, pension reform has become a pressing matter, as demographic aging, poor administration, early retirement, and unaffordable benefits have strained pension balances and overall public finances. Pension systems have become a source of macroeconomic instability, a constraint to economic growth, and an ineffective and/or inequitable provider of retirement income."
Book Synopsis Reforming the Greek Pension System by : Mr. Alvar Kangur
Download or read book Reforming the Greek Pension System written by Mr. Alvar Kangur and published by International Monetary Fund. This book was released on 2021-07-16 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Greek pension system has been costly, complex, and distortive, which has contributed to Greece’s fiscal problems and discouraged labor force participation. Several attempts to reform the system faltered due to lack of implementation, pushback by vested interests, and court rulings leading to reversals. A series of reforms introduced throughout 2015–17 unified benefit and contribution rules, removed several distortions and reduced fragmentation and costs. If fully implemented throughout the long-term, these reforms can go a long way towards enhancing the pension system affordability. However, reforms faced setbacks and fell short of creating stronger incentives to build long contribution histories, to deliver sustainable growth by improving the fiscal policy mix, and to ensure fairness and equitable burden sharing across generations and interest groups. Policy priorities should aim towards fully implementing the 2015–17 reforms and complementing them with additional reforms to address these remaining objectives.
Book Synopsis The Political Economy of Reform Lessons from Pensions, Product Markets and Labour Markets in Ten OECD Countries by : Tompson William
Download or read book The Political Economy of Reform Lessons from Pensions, Product Markets and Labour Markets in Ten OECD Countries written by Tompson William and published by OECD Publishing. This book was released on 2009-08-24 with total page 501 pages. Available in PDF, EPUB and Kindle. Book excerpt: By looking at 20 reform efforts in ten OECD countries, this report examines why some reforms are implemented and other languish.
Book Synopsis Social Protection Sector Strategy by :
Download or read book Social Protection Sector Strategy written by and published by World Bank Publications. This book was released on 2001-01-01 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents recent World Bank analytical work on the causes of violence and conflict in Columbia and the pilot lending programmes which have been designed to promote peace and help development. It is divided into three sections. The first sets the framework for the history of violence and the mechanisms of its propagation, looks at its costs and also at current policy initiatives to reduce it. The second part looks at the social economic causes of conflict and the costs of achieving peace. The last part reviews the recent experience of the World Bank in assisting countries that are experiencing, or have overcome, domestic armed conflict.
Book Synopsis Reform Options for Mature Defined Benefit Pension Plans: The Case of the Netherlands by : Mr.Marc Gerard
Download or read book Reform Options for Mature Defined Benefit Pension Plans: The Case of the Netherlands written by Mr.Marc Gerard and published by International Monetary Fund. This book was released on 2019-01-25 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Netherlands has been operating fully funded, defined benefit second pillar pension schemes that have consistently ranked high worldwide for delivering high replacement rates while featuring strong solidarity among members. Yet the long-term sustainability of the Dutch pension funds has been undermined in recent years by protracted low interest rates and unfavorable demographic developments, exacerbating controversies over intergenerational transfer mechanisms within the plans. This has prompted a national debate over ways to move toward more individualization while preserving financial security at retirement for all. This paper draws on this experience, illustrated by stress testing simulations and assessed vis-à-vis solutions implemented in peer countries, to discuss the main policy trade-offs associated with the reform of mature pension systems in advanced economies.
Book Synopsis Costa Rica Investment and Business Guide Volume 1 Strategic and Practical Information by : IBP USA
Download or read book Costa Rica Investment and Business Guide Volume 1 Strategic and Practical Information written by IBP USA and published by Lulu.com. This book was released on 2013-08 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: Costa Rica Investment and Business Guide - Strategic and Practical Information
Book Synopsis Costa Rica Banking and Financial Market Handbook Volume 1 Strategic Information and Regulations by : IBP, Inc.
Download or read book Costa Rica Banking and Financial Market Handbook Volume 1 Strategic Information and Regulations written by IBP, Inc. and published by Lulu.com. This book was released on 2014-12-12 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: 2011 Updated Reprint. Updated Annually. Costa Rica Banking & Financial Market Handbook
Book Synopsis Costa Rica Business Law Handbook Volume 1 Strategic Information and Basic Laws by : IBP, Inc.
Download or read book Costa Rica Business Law Handbook Volume 1 Strategic Information and Basic Laws written by IBP, Inc. and published by Lulu.com. This book was released on 2012-04-04 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: Costa Rica Business Law Handbook - Strategic Information and Basic Laws
Book Synopsis Taiwan During the First Administration of Tsai Ing-wen by : Gunter Schubert
Download or read book Taiwan During the First Administration of Tsai Ing-wen written by Gunter Schubert and published by Routledge. This book was released on 2021-10-21 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a substantive assessment of the first Tsai Ing-wen administration, investigating different policy fields and issues from 2016 to 2020, prior to Tsai’s election for a second term. Providing a balanced account of government performance under Tsai’s Ing-wen’s reign, chapters in this edited volume combine theory and extensive empirical data to highlight both achievements and shortfalls of her administration. Chapters range comprehensively from topics of the implementation of same-sex marriage, curriculum reform, ‘transitional justice’, industrial policy and pension reform, which have been celebrated by domestic Tsai Ing-wen supporters, but have also met with considerable opposition from within Taiwanese society. Externally, cross-strait relations, the New Southbound Policy and the triangular relationship with China and the USA, which embodied major challenges for Tsai’s first administration, are also analysed as key reference points throughout. Featuring contributions from twenty six internationally renowned Taiwan scholars, Taiwan During the First Administration of Tsai Ing-wen is an essential resource for students and scholars of Taiwanese politics and society, cross-strait relations and international relations.
Book Synopsis Latin American Economic Outlook 2008 by : OECD
Download or read book Latin American Economic Outlook 2008 written by OECD and published by OECD Publishing. This book was released on 2007-11-07 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: This first OECD Latin American Economic Outlook provides original insights and comparative indicators on four key issues: fiscal performance and democratic legitimacy, pension fund reform, telecommunications access, and trade with China and India.
Book Synopsis Costa Rica Export-Import, Trade and Business Directory Volume 1 Strategic Information and Contacts by : IBP, Inc
Download or read book Costa Rica Export-Import, Trade and Business Directory Volume 1 Strategic Information and Contacts written by IBP, Inc and published by Lulu.com. This book was released on 2009-03-20 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: Costa Rica Export-Import Trade and Business Directory
Book Synopsis International Labour Documentation by :
Download or read book International Labour Documentation written by and published by . This book was released on 2001-07 with total page 676 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Understanding Global Social Policy by : Yeates, Nicola
Download or read book Understanding Global Social Policy written by Yeates, Nicola and published by Policy Press. This book was released on 2014-03-26 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: Building on the successes of Understanding Global Social Policy (Yeates ed. 2008) and its companion text, the Global Social Policy Reader (Yeates and Holden ed. 2009), the second edition of this leading textbook in social policy identifies and reviews the key issues, debates and priorities for action in global social policy as a field of academic study and research and as a field of political practice and action. All first edition chapters have been systematically revised and updated to reflect major developments in the fast-paced area of global social policy making over the past five years, and include new material on the Millennium Development Goals, the Social Protection Floor and the ‘greening’ of global social policy. This much-needed second edition includes new chapters on global poverty and inequality, social protection, criminal justice and education. Written by an international team of leading social policy analysts , Understanding Global Social Policy is the leading textbook in the field and provides a comprehensive and accessible overview of international actors and social policy formation in global context. It is essential reading for undergraduate and postgraduate students, researchers, policy makers and practitioners seeking to identify key issues in contemporary social policy and locate them within a global framework of analysis and action.
Book Synopsis Reforming the State by : János Kornai
Download or read book Reforming the State written by János Kornai and published by Cambridge University Press. This book was released on 2001-01-15 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essays in this volume, first published in 2001, examine fiscal policy-making and providing for social welfare in post-socialist countries.
