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This paper develops and tests a model of Japan’s household savings rate, based on the life-cycle hypothesis that the … primary motive for savings is provision for retirement. The paper shows that Japan’s high household savings rate in recent … improvements in public pension benefits and the aging of the population. It projects that the savings rate will decline …
Persistent link: https://www.econbiz.de/10014395990
Household savings behavior in China during the past 30 years has been studied by using econometric models with the time …
Persistent link: https://www.econbiz.de/10014396466
This technical note on Investor Protection, Disclosure, and Financial Literacy for Portugal explains investor protection and corporate governance. Comissão do Mercado de Valores Mobiliários (CMVM) is the regulator in charge on ensuring compliance with disclosure issues as well as the corporate...
Persistent link: https://www.econbiz.de/10014406877
This study reviews selected issues on investor protection and corporate governance in Australia, and concludes that the corporate governance framework for Australian-listed companies is largely healthy and dynamic. Shareholder activism is an important element of corporate governance because it...
Persistent link: https://www.econbiz.de/10014406897
This technical note is based on a mission conducted from April 24 to May 9, 2014 to Kingston and other parts of Jamaica. The mission also conducted a short mystery shopping exercise with the assistance of a representative from the national consumer’s league. Valuable comments on the draft note...
Persistent link: https://www.econbiz.de/10012564647
Persistent link: https://www.econbiz.de/10000663179
On March 22, 2017, the Executive Board adopted the Guidelines for Investing PRG, PRG-HIPC, and CCR Trust Assets (the 'Guidelines') to establish the investment objectives and policies to guide the investment of assets of the PRG, PRG-HIPC, and CCR Trusts (the'Trusts') which are available for...
Persistent link: https://www.econbiz.de/10014408530
Guidelines for Investing PRG, PRG-HIPC, and CCR Trust Assets (the "Guidelines"), which were adopted on March 22, 2017, were further amended on January 12, 2022, by the Executive Board of the IMF. The Guidelines establish the investment objectives and policies to guide the investment of assets of...
Persistent link: https://www.econbiz.de/10014410919
This paper discusses Article IV, Section 8 of the Articles of Agreement which states the requirement of maintenance of the gold value of the IMF's assets. Each member of the IMF is bound to maintain the gold value of the IMF's holdings of the member's currency notwithstanding changes in the par...
Persistent link: https://www.econbiz.de/10014394421
Persistent link: https://www.econbiz.de/10009510794