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As the baby boom generation enters retirement, a long-forecast funding crisis of the Social Security system is about to become a reality. Many other high-income countries are faced with similar financial problems with their public pension systems. Some of those countries have adopted legislative...
Persistent link: https://www.econbiz.de/10013117635
Across the world, pension systems and their reforms are in a constant state of flux driven by shifting objectives, moving reform needs, and a changing enabling environment. The ongoing worldwide financial crisis and the adjustment to an uncertain “new normal” will make future pension systems...
Persistent link: https://www.econbiz.de/10013099759
The 8th World Pensions Forum was held 23-24 May: 130 pension executives and supranational experts representing $12 trillion in combined assets convened in Brussels to discuss “Effective Asset Ownership”. The Forum was pleased to note that some of our ideas were taken up by the Finnish...
Persistent link: https://www.econbiz.de/10012848675
When the challenges of population aging are being debated, the uncertain future of pension systems is a topic of high priority and large controversy. The aim of this chapter is not to provide a “consensus view” on social security and public insurance in aging populations but to put structure...
Persistent link: https://www.econbiz.de/10014023471
The global financial crisis affected also Polish pension market. Low or negative rate return on pension capital accumulated in Open Pension Funds led to social disappointment and growth of feeling of social insecurity. Prolonged financial crisis together with sluggish economic growth forced...
Persistent link: https://www.econbiz.de/10011308620
Persistent link: https://www.econbiz.de/10000575725
The goal of this paper is to carefully document the characteristics of within-family monetary transfers in the United States, using all nine waves of the Health and Retirement Study (HRS). Using the HRS, we construct a novel child-level longitudinal dataset and augment it with detailed...
Persistent link: https://www.econbiz.de/10013124290
Privatization -- CHAPTER TWO: Evaluating the Impact of Transnational Actors -- CHAPTER THREE: A Model of Transnational Actor … Influence -- CHAPTER FOUR: The Transnational Campaign for Pension Privatization -- CHAPTER FIVE: Domestic Enactment of Pension … Privatization -- CHAPTER SIX: Transnational Influence and Its Limits -- CHAPTER SEVEN: Analyzing Transnational Public Policy …
Persistent link: https://www.econbiz.de/10013042344
Old-age poverty is to become one of the most pressing issues in the coming decades given the demographic trends forecasted. Particularly in developing countries this could be an obstacle to inclusive and sustainable growth as well as the fight against all forms of poverty (SDG 1), through shocks...
Persistent link: https://www.econbiz.de/10011518737
This paper is about public sector pensions, an issue that has become increasingly contentious in a number of countries in recent years, including in the United Kingdom. In the UK the public debate has focussed on the perceived generosity of these pensions, which, it is often claimed, contrasts...
Persistent link: https://www.econbiz.de/10013144535