• There are benefits from Latin American pension reform, but they have been overestimated. • The approaches taken in second-generation reforms and their still early results hold lessons for OECD and non-OECD countries alike. • A partial shift to funding is feasible and can be financed in...

• Environmental policy should be inspired by the recognition that the environment is everyone’s business; all social actors must be involved in environmental management • Policies that implicitly subsidize a wasteful and environmentally destructive use of resources are pervasive: reforms...

• Early climate-related actions should be those with a high local economic and/or environmental payoff per unit of impact on greenhouse gases. • Energy, transport and natural resource management policies can often be better designed to realise greenhouse gas reductions at little or no...