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This paper analyzes the performance of the Bulgarian private defined contribution pensions in the second and third pillars of the pension system.
Persistent link: https://www.econbiz.de/10005263896
The Chinese pension system is highly fragmented and decentralized, with governance standards, pension fund management practices, their regulation and supervision varying considerably both across the funded components of the Chinese pension system and across provinces. This paper describes the...
Persistent link: https://www.econbiz.de/10008540915
This paper discusses the key sources of vulnerabilities for pension plans and insurance companies in light of the global financial crisis of 2008. It also discusses how these institutional investors transit shocks to the rest of the financial sector and economy. The crisis has re-ignited the...
Persistent link: https://www.econbiz.de/10008528682