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Insurance regulation in South Africa is sound and takes a thorough approach to regulation, recognizes the scale and development of the market, and the need for effective market conduct as prudential regulation. There are particular challenges in improving standards of market conduct, in both...
Persistent link: https://www.econbiz.de/10011245840
social security system. The Panamanian pension levels are generous, despite the lack of indexation, even by the high standard …
Persistent link: https://www.econbiz.de/10005825098
This Selected Issues paper of the United Kingdom analyzes the official projections of public pension spending and risks …, as well as the strategy to increase private pension provision. It provides a comparison of stylized facts regarding …
Persistent link: https://www.econbiz.de/10005825234
The Economic Development and Poverty Reduction Program (EDPRP) was developed with the active participation and support of society, executive authorities, nongovernment organizations, academia, businessmen, and donors. The study additionally provides coordinated mechanisms for bilateral and...
Persistent link: https://www.econbiz.de/10005825520
This Selected Issues paper highlights that the authorities in the Republic of Korea recognize the pension policy …. Without further reforms, the public pension systems in Korea are not financially sustainable. This paper considers options for … moving to a funded first-pillar pension system. The main results show that a sustainable, funded pension system can be …
Persistent link: https://www.econbiz.de/10005768475
the generous disability and pension systems. The paper also examines the need for health care reforms in Switzerland. …
Persistent link: https://www.econbiz.de/10005598861
This Selected Issues paper on Luxembourg reports that exemplary high growth rates and prudent fiscal policies provided the financial basis for the welfare system. Social expenditures in per capita terms, even adjusted for the large number of cross-border workers, rank highest among European...
Persistent link: https://www.econbiz.de/10011244141
The 2007 Article IV Consultation with the Kingdom of the Netherlands explains fiscal policy and financial sector issues. Improvements in the macroeconomic and business environments and technological innovation have contributed positively to Dutch competitiveness. Executive Directors emphasized...
Persistent link: https://www.econbiz.de/10011244152
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
The 2006 Article IV Consultation on San Marino explains financial sector development and stability. A wide-ranging reform of the regulatory framework and supervision is under way to modernize the financial sector and make it conform to international standards. Executive Directors encouraged to...
Persistent link: https://www.econbiz.de/10011244177