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"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...
Persistent link: https://www.econbiz.de/10010522096
"Infrastructure projects are often technically complicated and highly customized. Therefore, procurement competition … suggests that quality is of particular importance in large infrastructure projects and auctioneers cannot easily substitute …
Persistent link: https://www.econbiz.de/10011394147
"Calderán and Serven provide an empirical evaluation of the impact of infrastructure development on economic growth and … include, among the regressors, infrastructure quantity and quality indicators, in addition to standard controls. To account … for the potential endogeneity of infrastructure (as well as that of other regressors), the authors use a variety of …
Persistent link: https://www.econbiz.de/10010522934
Persistent link: https://www.econbiz.de/10010525153
Investment commitments to infrastructure projects with private participation grew in 2005, but the number of … infrastructure projects reaching financial closure fell, according to just-released data from the Private Participation in … Infrastructure Database …
Persistent link: https://www.econbiz.de/10012556132
This Note looks at systems some governments have used to transform unsolicited proposals for private infrastructure … unsolicited proposals, especially the risks they raise for competition and transparency. Among private infrastructure projects …
Persistent link: https://www.econbiz.de/10012556452
This notes paper touches on Ethiopia's being one of nine countries Involvement in the international network PROLINNOVA (Promoting Local Innovation). The Ethiopian program set up multi-stakeholder teams in different agro climatic zones. The paper goes on to mention exhibition of local and modern...
Persistent link: https://www.econbiz.de/10012555823
Persistent link: https://www.econbiz.de/10010523138
The transition from a wholly public, pay-as-you go pension system to one where pensions are also provided by individual, privately managed pension accounts does not directly affect those receiving pensions at the time of the reform. Nevertheless, it could affect all current and future workers. A...
Persistent link: https://www.econbiz.de/10012556307