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countries that cover 75% of the world population. The pressure-to-space indicator ranks Poland, Turkey and Greece high. Apart …
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The book has a comprehensive introduction and two main parts. Part I presents the conceptual underpinnings for the Bank's thinking on pension systems and reforms, including structure of Bank lending in this area. Part II highlights key design and implementation issues where it signals areas of...
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Prefunding of pension commitments in OECD economies is increasingly seen as a central strategy to cope with the aging of their populations. This paper argues that investments in emerging markets can help at the margin but are unable to solve the demographic problem. While these investments bring...
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Concern about the long-term sustainability of European public pension systems has been a permanent feature for decades due to the unstoppable ageing of the population, but demographic change is not the only factor of concern. A deep economic and financial crisis has been added to this structural...
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-- 2 Conceptual Foundations of the World Bank's Perspective -- The Social Risk Management Framework -- Rationale for Public … Blueprint -- 3 Goals and Criteria That Define the World Bank's Perspective -- Primary Goals: Adequate, Affordable, Sustainable …, and Robust Pensions -- Secondary Goal: Contribution to Economic Development -- Reform Criteria -- 4 World Bank Lending to …
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Chile implemented large pension withdrawals during the pandemic relative to other countries. Afterwards, Chile increased non-contributory benefits in a quasi-universal scheme. Simulating the future pensions, I show that the average loss in contributory pension income is 27.9%, with losses of...
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