This paper is the written version of a lecture that draws principally on research on safety nets and operational experience with the implementation of safety nets, drawing heavily on the crisis of safety net programs in Indonesia from 1998 to 2000. As such it provides more views than reviews of...

This paper describes the disability pension arrangements prevailing in ten Latin American countries that reformed their pension systems. The analysis is limited to the topic of disability pensions, without attempting to evaluate other critical aspects such as the available infrastructure:...

Social protection can be defined as interventions intended to assist individuals, households, and communities in managing risk in order to reduce vulnerability, smooth consumption, and improve equity. Social protection in Togo has been put to test by the political and economic developments of...

In typical pension systems, individuals are asked to make contributions and based on the number of contributions made and the level of those contributions, a pension is awarded. Contributions from workers generally finance these pensions. Since higher income individuals tend to make more...

Many pension schemes mandated by governments have accumulated large reserves. The management of these funds has a direct effect on financial sustainability, and potential benefit levels. It also has important indirect effects on the overall economy when the funds are large. Part I of this study...

This paper considers alternatives to disperse the accumulated pension rights during the liquidation phase or retirement. First, the paper classifies the risks that affect pensioners, discusses the defined benefit and defined contribution options, and classifies pension contracts according to...

This paper reviews the Bank involvement in the vocational education and training (VET) sub-sector in the 1990s. The paper aims to do just that, by mainly seeking answers to the following questions: 1) How has the Bank performed in its lending services to its clients in VET? 2) How have VET...

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...

This paper demonstrates that there are potentially large returns to having a social protection policy that stakes out a productive safety net below the vulnerable and keeps them from slipping into a poverty trap. Much of the value of the productive safety net comes from mitigating the ex ante...

In the last three decades, the effects of export-oriented industrialization have called into question the once popular import substitution strategies. This change has been parallel to the development of Export Processing Zones (EPZs). Though initially found in a small number of countries, mainly...