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This paper analyzes the performance and development of the Mexican pension annuity market in Mexico that stemmed from the 1997 pension reform. The Mexican experience displays interesting characteristics that provide lessons for other countries that still need to design the decumulation phase of...
Persistent link: https://www.econbiz.de/10013255589
While Thailand's pension system is typically described as a multipillar pension scheme, its design is highly fragmented and offers adequate coverage only to a small segment of the population, including civil servants and high-income individuals. In its 2018 Article IV report, the IMF highlighted...
Persistent link: https://www.econbiz.de/10012646631
The penetration level of the insurance and pension sectors in Malawi is low, but it seems adequate as compared with other countries in similar stages of development. Concentration and costs are high, the regulatory framework is outdated or inexistent and supervision is weak. An innovative pilot...
Persistent link: https://www.econbiz.de/10012247124
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/10014404999
In the next 30-40 years, past changes in fertility and mortality will lead to a significant increase in the share of the elderly. This study suggests that these demographic trends may lead to a decline in the G-7 private savings rate after 2000, compounding the impact of social expenditure...
Persistent link: https://www.econbiz.de/10014396157
This paper reviews the financial implications of aging for the pension system in Belgium during 1995-2050. Our simulations indicate a strong rise in pension expenditure over the next half century, as is the case in other industrialized countries. In Belgium, the problem is particularly acute in...
Persistent link: https://www.econbiz.de/10014396528
This Financial Sector Assessment (FSA) summarizes the FSAP report for Chile, with emphasis on structural and … developmental issues. Chile's financial system is large, well diversified and resilient to shocks. Chile's exposure to sudden stops …
Persistent link: https://www.econbiz.de/10012560075
The staff reports for the 2013 Article IV Consultation on the Chile discuss the strong and inclusive growth over the …
Persistent link: https://www.econbiz.de/10011244359
Persistent link: https://www.econbiz.de/10011245450
This paper examines the sources of growth in Chile and compares Chile’s experience with that of other countries. Two … alternative measures of the sources of growth for Chile are presented to facilitate comparisons with other studies. The first … an index of the quality of factor inputs. The paper presents estimates of potential output of Chile for 1971–95, and also …
Persistent link: https://www.econbiz.de/10014397251