In 1995, Latvia became the first country in Central and Eastern Europe to implement parametric reform of the Soviet-style PAYGO pension system, and the first in the world to implement the"notional defined contribution (NDC) system"originally designed for Sweden. The Government's intention was to...

A legacy of the command economy in Central and Eastern Europe and the former Soviet Union is a social protection system that emphasizes institutional care for vulnerable individuals. It has been well established that in many cases institutionalization can be more expensive per client served and...

This paper focuses on the experience of the transition countries of Eastern Europe and Central Asia, in providing adequate safety nets for the poor during the last ten years. The paper discusses the problem of poverty, and vulnerability, and looks at the typical types of interventions offered by...