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% of total financial sector assets by 10 insurance companies with over 70% foreign equity ownership. Pension funds also …
Persistent link: https://www.econbiz.de/10008728057
The efficient channelling of funds and allocation of financial resources are roles expected to be undertaken in the financial system to facilitate productive growth in the real sector of the economy. There have been overlapping roles in the Nigerian financial system and this has resulted to...
Persistent link: https://www.econbiz.de/10009397208
` reformed pension systems are providing adequate and safe pensions. Starting in 1990s, most Central and Eastern European … countries radically reformed their pension systems. The rising optimism initiates many studies where the advantages of the … reforms were in the focus. The global financial crisis negatively affects the reformed pension systems. As a response, the …
Persistent link: https://www.econbiz.de/10011111834
Maturity transformation coupled with open foreign exchange positions expose financial intermediaries to unexpected changes in interest and exchange rates. This paper proposes to measure the degree of banks exposure to market risks by taking the variance of the total differential of the bank...
Persistent link: https://www.econbiz.de/10011183544
The International Accounting Standards Board issued the International Financial Reporting Standard 7, Financial Instruments: Disclosures. The objective of IFRS 7 is to provide more transparency to financial statement users on an entity’s exposure to risks and how those risks are managed. An...
Persistent link: https://www.econbiz.de/10009495130
collected to investigate the burden each worker will have to bear in the future in order to finance pension and health care …
Persistent link: https://www.econbiz.de/10011108591
A complexity of a pension reform realization in a country with high level of intergenerational altruism is considered … as a reason of a failure of the pension reform in Russia. Differences between intergenerational altruism levels in Russia … altruism and pension system are analyzed. Successful transition from pay-as-you go pension system to fully funded one is shown …
Persistent link: https://www.econbiz.de/10008765902
Mid-long term projections of the Stability Programs (SP) are elaborated to simulate the burden each active citizen or each worker will have to bear for financing, via pay-as-you-go, public health care provisions and public pensions. It is worth mentioning that projections in the (SP) are those...
Persistent link: https://www.econbiz.de/10011112866
simulation for China’s reform practice in pension system with Chinese data.Results showed that :1)Compared to efficiency and fair …
Persistent link: https://www.econbiz.de/10011258251
While personal-pension mis-selling dominated the headlines, just as costly was the over-compensation offered to younger …
Persistent link: https://www.econbiz.de/10005836776