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A large share of the population in emerging market economies has no pension coverage, exposing them to the economic risks arising from socio-economic and individual shocks. This problem, which arises from having large informal (unregulated) sectors, affects not only poor workers, but as many as...
Persistent link: https://www.econbiz.de/10011432174
average, LAC's pension systems are subsidized, as they provide pensions above what workers would have obtained by investing … replacement rates (pensions relative to earnings) for low-income workers. Despite this progressivity, in some countries, absolute … much more progressive, but still, because low-income workers do not qualify for minimum pensions, between 50-60% of …
Persistent link: https://www.econbiz.de/10014545279
Variations among the diverse pension systems in the member states of the European Union (EU) hamper labor market mobility across national borders and also among firms within the countries of the EU. From a macroeconomic perspective, and in the light of demographic pressure, this paper argues...
Persistent link: https://www.econbiz.de/10009767598
Pension schemes have a significant influence on the saving and consumption decisions of households. Similarly, contributions to pension arrangements are substantial expenditures for national governments and also for corporations, depending on the prevailing pension system. Beyond this, pension...
Persistent link: https://www.econbiz.de/10012243471
Social security-pension system reforms were one of the main areas of social policy changes in Latin America during the 80s and 90s. Apparently, the debate and design of the reforms implicitly assumed that they were neutral in terms of their effect on men and women. This article discusses...
Persistent link: https://www.econbiz.de/10014067614
to address a variety of policy challenges, including old age poverty and vulnerability, rapid population ageing, the … systems. The main objective of this paper is to explore the potential role of social pensions and other noncontributory … providing income security in old age, including social pensions. It also examines the welfare effects of adopting alternative …
Persistent link: https://www.econbiz.de/10009530200
old age. The main objective of this paper is to explore the potential role of social pensions and other noncontributory … providing income security in old age, including social pensions. It also examines the welfare effects of adopting alternative … pensions, and the integration of noncontributory transfers within advanced contributory pension schemes …
Persistent link: https://www.econbiz.de/10013107818
The sixth annual World Pensions Forum was held on 23-24 February 2017 at the Queen's House in the Royal Borough of …
Persistent link: https://www.econbiz.de/10012860338
over the function of providing pensions. They find that state provision crowds out private provision and places a … that are imposed on the private sector and which make pensions incomprehensible. Furthermore, as the authors show, the … ageing populations may make meaningful reform of government pensions programmes impossible, as 'grey' electors flex their …
Persistent link: https://www.econbiz.de/10013158842
pensions in the UK by discussing how pension systems outside the UK have been affected by the economic and financial crisis … in the case of pay-as-you-go state pensions and defined-benefit occupational pensions, theory would suggest that the … countries in the realm of pensions since the onset of the crisis in the second half of 2007. These countries have been chosen as …
Persistent link: https://www.econbiz.de/10013144536