Fiscal Effects of the 1993 Colombian Pension Reform

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1451857551
Total Pages : 24 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Fiscal Effects of the 1993 Colombian Pension Reform by : Sergio Clavijo

Download or read book Fiscal Effects of the 1993 Colombian Pension Reform written by Sergio Clavijo and published by International Monetary Fund. This book was released on 1998-11-01 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examines the fiscal impact of the pension reform adopted in Colombia in 1993, which established a fully funded, privately administered pension system alongside the existing pay-as-you-go state scheme. The reform increased the contribution rate and reduced the benefits of the state scheme. However, the fiscal cost of the reform was high, estimated at 1.5 to 2.3 percent of GDP annually over the next three decades. This reflects concessions made to special groups of public servants, the delay in making effective the new retirement conditions, and the minimum pension guarantee. A new generation of pension reforms needs to be adopted.

Colombia's Pension Reform

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Author :
Publisher : World Bank Publications
ISBN 13 : 9780821335062
Total Pages : 92 pages
Book Rating : 4.3/5 (35 download)

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Book Synopsis Colombia's Pension Reform by : Klaus Schmidt-Hebbel

Download or read book Colombia's Pension Reform written by Klaus Schmidt-Hebbel and published by World Bank Publications. This book was released on 1995 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: IFC Lessons of Experience No. 1F. This report reviews the experience of the International Finance Corporation (IFC) in its role as advisor and investor in privatization transactions during the past decade. In pursuit of its mandate to further economic development by encouraging the growth of productive private enterprise in developing countries, the IFC has naturally and increasingly been involved in supporting this movement. The premise of the report is that privatization will always be partly based on political considerations, including expected redistribution of wealth and the resulting winners and losers. It discusses the IFC's experience from two perspectives: as an advisor involved before the sale, which illustrates how the IFC assists in the trade-off between political and economic goals to conclude a deal; and after privatization, which discusses the resulting economic benefits. The IFC asserts that its role in privatization is defined by the evolving frontiers of political commitment. Within those frontiers, it can help expand privatization possibilities by performing advisory assignments, providing necessary investments, and developing capital market institutions. The IFC demonstrates that privatization strategies can assume many forms with few set prescriptions. Other language editions: English (ISBN 0-8213-3447-6) Stock No. 13447 Russian -out of print-(ISBN 0-8213-3545-6) Stock No. 13545 Spanish -out of print-(ISBN 0-8213-3451-4) Stock No. 13451.

Pension Reform in Latin America and Its Lessons for International Policymakers

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 146154503X
Total Pages : 310 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis Pension Reform in Latin America and Its Lessons for International Policymakers by : Tapen Sinha

Download or read book Pension Reform in Latin America and Its Lessons for International Policymakers written by Tapen Sinha and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: The experience of privatization of social security has been predominantly in the Latin American region. Eight countries have undertaken either full or partial privatization of pensions: Argentina, Bolivia, Chile, Colombia, El Salvador, Mexico, Peru, and Uruguay. What did the policymakers expect? Were expectations realized? Can we learn anything from the collective experience of these countries? Can they be applied to other countries that are aspiring to privatize? How did the World Bank and other international institutions affect these policies? Pension Reform in Latin America and Its Lessons for International Policymakers analyzes in detail these important questions. The book begins with a detailed account of economic conditions in Latin America. It then discusses various models that policymakers rely on. Starting with a purely demographic model, it lays out advanced models of overlapping generations of Samuelson. The book gives extensive details of privatized pensions in each of the eight reforming countries. Two chapters are devoted to analyzing the reform in each country. Finally, detailed lessons are drawn that will help shape the debate for policymakers in other countries.

Privatizing Social Security

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Author :
Publisher : University of Chicago Press
ISBN 13 : 0226241823
Total Pages : 484 pages
Book Rating : 4.2/5 (262 download)

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Book Synopsis Privatizing Social Security by : Martin Feldstein

Download or read book Privatizing Social Security written by Martin Feldstein and published by University of Chicago Press. This book was released on 2008-04-15 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume represents the most important work to date on one of the pressing policy issues of the moment: the privatization of social security. Although social security is facing enormous fiscal pressure in the face of an aging population, there has been relatively little published on the fundamentals of essential reform through privatization. Privatizing Social Security fills this void by studying the methods and problems involved in shifting from the current system to one based on mandatory saving in individual accounts. "Timely and important. . . . [Privatizing Social Security] presents a forceful case for a radical shift from the existing unfunded, pay-as-you-go single national program to a mandatory funded program with individual savings accounts. . . . An extensive analysis of how a privatized plan would work in the United States is supplemented with the experiences of five other countries that have privatized plans." —Library Journal "[A] high-powered collection of essays by top experts in the field."—Timothy Taylor, Public Interest

The Challenge of Public Pension Reform in Advanced and Emerging Economies

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Author :
Publisher : International Monetary Fund
ISBN 13 : 147556631X
Total Pages : 86 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis The Challenge of Public Pension Reform in Advanced and Emerging Economies by : Mr.Benedict J. Clements

Download or read book The Challenge of Public Pension Reform in Advanced and Emerging Economies written by Mr.Benedict J. Clements and published by International Monetary Fund. This book was released on 2013-01-25 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Tax Systems and Tax Reforms in Latin America

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Author :
Publisher : Routledge
ISBN 13 : 1134068085
Total Pages : 337 pages
Book Rating : 4.1/5 (34 download)

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Book Synopsis Tax Systems and Tax Reforms in Latin America by : Luigi Bernardi

Download or read book Tax Systems and Tax Reforms in Latin America written by Luigi Bernardi and published by Routledge. This book was released on 2007-12-24 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive analysis of tax systems and tax reforms in a number of Latin American countries since the early 1990‘s, including Argentina and Brazil, Costa Rica and Mexico, Paraguay, Colombia, Chile and Uruguay. The authors present and discuss tax systems from a broad quantitative and historical perspective and describe the mai

IMF Staff Papers, Volume 46, No. 1

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1451974558
Total Pages : 116 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis IMF Staff Papers, Volume 46, No. 1 by : International Monetary Fund. Research Dept.

Download or read book IMF Staff Papers, Volume 46, No. 1 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 1999-03-15 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: This economic journal contains theoretical and empirical analyses of varous macroeconomic issues. The studies are prepapred by IMF research staff or consultants. Subjects covered inclulde balance of payments and exchange rates, monetary systems and policies, public finances, international trade, economic growth, and some sectoral analyses. The last issue of the year contains an index to the volume. Approximately 200 pages in each issue.

Colombia

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1451808739
Total Pages : 133 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Colombia by : International Monetary Fund

Download or read book Colombia written by International Monetary Fund and published by International Monetary Fund. This book was released on 1999-03-01 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper and Statistical Appendix analyzes economic developments in Colombia during 1996–99. Output growth slowed sharply in 1996 and early 1997, but subsequently rebounded owing to stronger exports, a temporary boom in world coffee prices, and an easing of credit policy. Despite efforts at addressing the fiscal imbalances, the nonfinancial public sector deficit widened further to more than 4 percent of GDP in 1997. Monetary policy during 1996 and most of 1997 was geared toward stimulating domestic demand.

Pensions, Savings and Capital Flows From Ageing to Emerging Markets

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Author :
Publisher : OECD Publishing
ISBN 13 : 9264181628
Total Pages : 285 pages
Book Rating : 4.2/5 (641 download)

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Book Synopsis Pensions, Savings and Capital Flows From Ageing to Emerging Markets by : Reisen Helmut

Download or read book Pensions, Savings and Capital Flows From Ageing to Emerging Markets written by Reisen Helmut and published by OECD Publishing. This book was released on 2000-05-15 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: This books explores the international aspects of pension reform, private savings and volatile capital markets and clarifies how they relate to each other.

Visions for the Global Economy

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Author :
Publisher : iUniverse
ISBN 13 : 9781475937930
Total Pages : 180 pages
Book Rating : 4.9/5 (379 download)

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Book Synopsis Visions for the Global Economy by : John R. Gagain Jr.

Download or read book Visions for the Global Economy written by John R. Gagain Jr. and published by iUniverse. This book was released on 2012-08-06 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Visions for the Global Economy explores a collection of global issues that are vital to every student of world affairs. It addresses key topics on the global stage, focusing on the foundational aspects of these global issues. It gets to the heart of diverse arguments that create roadblocks to progress in the global economy and combines current affairs with key turning points in history. This guide examines topics of the global economy at their core, as each chapter traces the storyline of one issue. Global issues and the decisions world leaders make are complex; and there never is one clear reason as to why something exists or why something takes place. Visions for the Global Economy also considers economic growth, global economic governance, and political economy, providing a solid base for understanding the increasingly complex world today. The global economy has changed exponentially over the last decade and a half. Today, students cannot exclusively study politics or economics. They need to study both and have a good grasp of the political economy to succeed in todays world.

International Labour Documentation

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Author :
Publisher :
ISBN 13 :
Total Pages : 914 pages
Book Rating : 4.U/5 (183 download)

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Book Synopsis International Labour Documentation by : International Labour Office. Central Library and Documentation Branch

Download or read book International Labour Documentation written by International Labour Office. Central Library and Documentation Branch and published by . This book was released on 1999 with total page 914 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Latin American Economic Outlook 2010

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Author :
Publisher : OECD Publishing
ISBN 13 : 926407791X
Total Pages : 253 pages
Book Rating : 4.2/5 (64 download)

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Book Synopsis Latin American Economic Outlook 2010 by : OECD

Download or read book Latin American Economic Outlook 2010 written by OECD and published by OECD Publishing. This book was released on 2009-11-30 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: The OECD Latin American Economic Outlook 2010 provides a fresh analysis of economic trends in the region with a particular focus on the role that international migration and remittances play in shaping the current context.

Research Activities of the International Monetary Fund

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Author :
Publisher :
ISBN 13 :
Total Pages : 142 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Research Activities of the International Monetary Fund by : International Monetary Fund. Interdepartmental Working Group on Fund Policy Advice

Download or read book Research Activities of the International Monetary Fund written by International Monetary Fund. Interdepartmental Working Group on Fund Policy Advice and published by . This book was released on 1991 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt:

International Social Security Review

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Author :
Publisher :
ISBN 13 :
Total Pages : 132 pages
Book Rating : 4.:/5 (89 download)

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Book Synopsis International Social Security Review by :

Download or read book International Social Security Review written by and published by . This book was released on 2003 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economics of Banking and Finance in Africa

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Author :
Publisher : Springer Nature
ISBN 13 : 3031041623
Total Pages : 1093 pages
Book Rating : 4.0/5 (31 download)

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Book Synopsis The Economics of Banking and Finance in Africa by : Joshua Yindenaba Abor

Download or read book The Economics of Banking and Finance in Africa written by Joshua Yindenaba Abor and published by Springer Nature. This book was released on 2022-09-17 with total page 1093 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book evaluates the characteristics and developments in Africa’s financial systems, including monetary policy, structured finance, sustainable finance and banking, FinTech, RegTech, SupTech, inclusive finance, the role of regulation in dealing with banking crises, the impact of the COVID-19 pandemic on Africa’s financial systems and how to reform the post-COVID-19 financial systems. It is made up of contributions from scholars in finance and economics as well as financial market practitioners. Banking and the financial markets play a significant role in the growth of various economies. Although a number of handbooks on banking and finance exist, they mainly focus on Europe, America and Asia. Banks and financial markets in Africa are confronted with different challenges and therefore present a unique case to understand Africa’s financial systems. A number of African countries have experienced banking crises and it is important to examine these issues as well as the regulatory regimes required to address them. This edited book contributes to the limited texts in the area by providing a comprehensive resource on banking and finance for students, scholars, researchers, policymakers, and financial market practitioners. It contains various theoretical and empirical chapters on banking and finance in Africa.

Saving Across the World

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Author :
Publisher : World Bank Publications
ISBN 13 : 9780821338520
Total Pages : 184 pages
Book Rating : 4.3/5 (385 download)

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Book Synopsis Saving Across the World by : Klaus Schmidt-Hebbel

Download or read book Saving Across the World written by Klaus Schmidt-Hebbel and published by World Bank Publications. This book was released on 1997-01-01 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: World Bank Technical Paper No. 349. The Bank's approach to water resources development has shifted from one of construction activities to one of improved management quality, creating a new generation of water-related projects and the need for new evaluation procedures. This paper addresses the methodology for economic evaluation of this new group of projects and draws on the experience of the recently approved Mexico Water Resources Management project.

Historical Dictionary of the World Bank

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Author :
Publisher : Scarecrow Press
ISBN 13 : 0810878658
Total Pages : 455 pages
Book Rating : 4.8/5 (18 download)

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Book Synopsis Historical Dictionary of the World Bank by : Sarah Tenney

Download or read book Historical Dictionary of the World Bank written by Sarah Tenney and published by Scarecrow Press. This book was released on 2013-10-30 with total page 455 pages. Available in PDF, EPUB and Kindle. Book excerpt: This second edition of the Historical Dictionary of the World Bank shows the substantial progress the Bank has made, this mainly through the dictionary section with concise entries on its component institutions, related organizations, its achievements in various fields, some of the major projects and member countries, and its various presidents. The introduction explains how the Bank works while the chronology traces the major events over nearly 70 years. Meanwhile, the list of acronyms reminds us just who the main players are. And the bibliography directs readers to useful internal documentation and outside studies.