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This paper presents a technical note on Mexico’s Financial Sector Assessment Program update. The Mexican experience displays interesting characteristics that provide lessons for other countries that still need to design the decumulation phase of their newly established second pillars. The...
Persistent link: https://www.econbiz.de/10011244170
-skilled workers and women. The IMF report highlights that social security contributions and payroll taxes amount to almost 50 percent … of gross monthly wages. It analyzes that a comparatively high share of Austria’s family benefits is monetary rather … contributions and/or payroll taxes, and reducing the entry income tax rate. …
Persistent link: https://www.econbiz.de/10011245579
This Selected Issues paper on Chile assesses the long-term outlook of Chile’s private pension system. The paper provides an overview of Chile’s recent experience with public–private partnerships (PPPs), focusing on the design of its institutional framework. The paper...
Persistent link: https://www.econbiz.de/10005591527
This Selected Issues paper and Statistical Appendix analyzes labor market institutions and reforms for Cyprus. The paper describes the legal and institutional framework of the Cypriot labor market, and discusses the voluntary framework for negotiations, the degree of unionization and the system...
Persistent link: https://www.econbiz.de/10005598850
This Selected Issues paper reviews developments during 2001–02 in the Belarusian pension system, and discusses potential short- and medium-term reforms needed to put pension system finances on a sustainable path. The paper presents a short overview of demographic trends and developments...
Persistent link: https://www.econbiz.de/10005598852
This Selected Issues paper for Denmark shows that a demographic shift will have several impacts on the economy. The decline in the relative size of the labor force will result in relatively fewer goods produced. This effect will be particularly strong, because a large portion of the current...
Persistent link: https://www.econbiz.de/10011244195
In this study, the stability of the economy of the Netherlands is overviewed. Bank profitability has recovered. The housing and mortgage markets are relatively stable, although vulnerabilities to household balance sheets are rising. The results of stress tests in the context of the Financial...
Persistent link: https://www.econbiz.de/10011245266
The technical note on Mexico’s Financial Sector Assessment Program update analyzes that the private pension system’s regulator in Mexico has introduced innovate rules. Mexico, as with many other countries in Latin America, has adopted an individual capitalization pension system....
Persistent link: https://www.econbiz.de/10011245279
an increase in contributions. Eliminating the preferential tax treatments of pension income and collecting pension … contributions from dependent spouses could contribute to fiscal savings. …
Persistent link: https://www.econbiz.de/10011245302
Luxembourg’s 2006 Article IV Consultation reports that the dominant financial sector has supported a steady rebound in economic activity. Growth is projected to remain healthy in the near term, but trend growth may decline as the rapid financial sector expansion may decelerate. The...
Persistent link: https://www.econbiz.de/10011245377