"In this paper the authors reconsider the idea of an earnings-related pension system with reserves invested in indexed government bonds as a mechanism to both ensure financial sustainability and improve security. They start by reviewing the characterization of the sustainable rate of return of...

"Far-reaching changes in the regulation of financial markets and the organization of public pensions in the 1980s and 1990s transformed the landscape for retirement products in Sweden. First, banking and insurance were extensively deregulated in the 1980s, while the securities markets...

This report lays out a strategy for Ukraine to make the transition to a market economy in the social sectors, taking into account the widespread system of benefits and the high spending on education and health inherited from the former Soviet Union. A central part of this strategy is the need to...

The issue of the retirement age is fundamentally linked to policies on social protection. It is an issue that inevitably causes debate and has proponents, men and women, who argue on both sides. During preparation of the gender equality law in Vietnam, several options were presented for changing...

This report, Argentina facing the challenge of ageing and social security, is structured in five parts that follow the introduction and summary of main findings. Part I presents a conceptual framework for decision makers charged with crafting policies for old age income security, and describes...

The report provides recent macroeconomic developments, outlook, and risks that Mongolia faces. The timing of the release of this report is ideal considering that, the Mongolian economy, which was recovering from the COVID-19 on the back of a successful vaccination program and income support,...