The Czech Republic is going to face ageing of its population. It will affect the economy in many ways. The pension system is one of them. This paper provides a view on possibilities how to insure long-term stability of the pension system in the Czech Republic using a mix of pay-as-you-go and...

Il existe en Afrique un réel décalage entre les aspirations des jeunes et la réalité des marchés du travail. Les aspirations professionnelles des jeunes Africains ont ainsi peu en commun avec la demande de main-d’œuvre actuelle et prévue dans la région, ce qui rend peu probable une...

Quebec, as most Western societies, is facing the ageing of its population, producing many economic, political and social impacts. One solution often considered is to rely on immigration to reduce, delay or even counter certain consequences. For this purpose, replacement migration is sometimes...

Les trajectoires suivies par les assurés du Régime général sont diverses et cette hétérogénéité rend difficile l’appréciation de la situation des futurs retraités dont la pension reçue est calculée selon des règles complexes. Un modèle de projection structuré autour de...

The main consequence of globalization is to accelerate the process of concentrating the wealth all around the world. Nevertheless, it did not contribute to solve the contradictions of capitalism which is not able to boost a long-time accumulation. Therefore, there are tremendous pressures to...

The paper deals with a wide-spread myth that a switch from a PAYG to a funded pension system might solve adverse consequences of the population aging. It is shown, that under additional assumptions the pension debt (which is created during the process of the switch) is exactly equal to the value...