Showing 1 - 10 of 105
The main objective of this paper is to review the regulatory framework for pension funds, and examine whether there is scope for improvements in pension regulation, particularly in light of regulatory and supervisory developments in the banking industry. The report is structured as follows: The...
Persistent link: https://www.econbiz.de/10008676692
This paper reviews the experience in transacting payments through the commercial banking system, to beneficiaries in Colombia's"Familias en Accion"program. The story told will be useful to those trying to solve the operational problem of moving cash, cost-effectively to large numbers of...
Persistent link: https://www.econbiz.de/10008676699
This paper considers alternatives to disperse the accumulated pension rights during the liquidation phase or retirement. First, the paper classifies the risks that affect pensioners, discusses the defined benefit and defined contribution options, and classifies pension contracts according to...
Persistent link: https://www.econbiz.de/10008676642
Fiscal problems are prompting many developing nations to amend and sometimes restructure their national old-age programs. As they do, these countries seek guidance on how to design market and regulatory structures to enhance their chances of success. This paper investigates the types of risks...
Persistent link: https://www.econbiz.de/10008676655
The aim of this paper is to provide some guidance on how to carry out a social protection (SP) expenditure, performance and finance review - given the absence of social protection in public expenditure review (PER) work to date. Such a review will enable countries (i) to better use their SP...
Persistent link: https://www.econbiz.de/10008676693
The objectives of this paper are to highlight some of the potential and limitations of microinsurance in the context of Social Risk Management (SRM) framework to stimulate further discussion. The paper draws on existing literature on SRM and microinsurance. Where relevant, it invokes lessons...
Persistent link: https://www.econbiz.de/10008676715
In the context of a serious financial, and legal crisis, Argentina reformed its pension system in 1994, when a multi-pillar model with a funded scheme was introduced, and first pillar parameters, as minimum age and vesting requirements were tightened. The new system has a significant first...
Persistent link: https://www.econbiz.de/10008676724
There is increasing concern about the vulnerability of poor and near-poor rural households, who have limited capabilities to manage risk and often resort to strategies that can lead to a vicious cycle of poverty. Household-related risk is ususally considered individual or private, but measures...
Persistent link: https://www.econbiz.de/10008676726
This paper proposes a new definition, and conceptual framework for social protection, grounded in social risk management. The concept repositions the traditional areas of social protection (labor market intervention, social insurance, and social safety nets) in a framework that includes three...
Persistent link: https://www.econbiz.de/10008676757
This report provides a set of preliminary hypotheses and exploratory econometric testing to explain low rates of participation in reformed social security systems, with special emphasis on two Latin American countries. The hypotheses claim that the working poor and self-employed continue to have...
Persistent link: https://www.econbiz.de/10008676760