This paper is a review and critique of the pension policy literature that discusses trends in the evolution of pension systems in the European Union over the last three decades, and the determinants of those trends. It is argued here that much of the analysis of recent developments remains at...

This paper presents empirical evidence on the increasing allocation of institutional investors to emerging markets economies. It seeks to understand which factors are driving this increase, and how this relates to portfolio flows to such economies. By making use of the Emerging Portfolio Fund...