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The Challenge of Public Pension Reform in Advanced and Emerging Economies

2013-01-25 Business & Economics
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Release : 2013-01-25
Genre : Business & Economics
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Book Rating : 31X/5 ( reviews)

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Book Synopsis The Challenge of Public Pension Reform in Advanced and Emerging Economies by : Mr.Benedict J. Clements

Download or read book The Challenge of Public Pension Reform in Advanced and Emerging Economies written by Mr.Benedict J. Clements. This book was released on 2013-01-25. Available in PDF, EPUB and Kindle. Book excerpt: Pension reform is high on the policy agenda of many advanced and emerging market economies. In advanced economies the challenge is generally to contain future increases in public pension spending as the population ages. In emerging market economies, the challenges are often different. Where pension coverage is extensive, the issues are similar to those in advanced economies. Where pension coverage is low, the key challenge will be to expand coverage in a fiscally sustainable manner. This volume examines the outlook for public pension spending over the coming decades and the options for reform in 52 advanced and emerging market economies.

The Challenge of Public Pension Reform in Advanced and Emerging Economies

2011-12-28 Business & Economics
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Release : 2011-12-28
Genre : Business & Economics
Kind : eBook
Book Rating : 054/5 ( reviews)

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Book Synopsis The Challenge of Public Pension Reform in Advanced and Emerging Economies by : International Monetary Fund. Fiscal Affairs Dept.

Download or read book The Challenge of Public Pension Reform in Advanced and Emerging Economies written by International Monetary Fund. Fiscal Affairs Dept.. This book was released on 2011-12-28. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews past trends in public pension spending and provides projections for 27 advanced and 25 emerging economies over 2011–2050. In constructing these projections, the paper incorporates the impact of recent pension reforms and highlights the key assumptions underlying these projections and associated risks. The paper also presents reform options to address future pension spending pressures in the advanced and emerging economies. These reforms—mainly increasing retirement ages, reducing replacement rates, or increasing payroll taxes—are discussed in the context of their role in fiscal consolidation, and their implications for both equity and economic growth. In addition, the paper examines the challenge of emerging economies of expanding coverage in a fiscally sustainable manner

The Challenge of Public Pension Reform in Advanced and Emerging Economies

2013-01-25 Business & Economics
Download The Challenge of Public Pension Reform in Advanced and Emerging Economies PDF Online Free

Author :
Release : 2013-01-25
Genre : Business & Economics
Kind : eBook
Book Rating : 135/5 ( reviews)

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Book Synopsis The Challenge of Public Pension Reform in Advanced and Emerging Economies by : Mr.Benedict J. Clements

Download or read book The Challenge of Public Pension Reform in Advanced and Emerging Economies written by Mr.Benedict J. Clements. This book was released on 2013-01-25. Available in PDF, EPUB and Kindle. Book excerpt: Pension reform is high on the policy agenda of many advanced and emerging market economies. In advanced economies the challenge is generally to contain future increases in public pension spending as the population ages. In emerging market economies, the challenges are often different. Where pension coverage is extensive, the issues are similar to those in advanced economies. Where pension coverage is low, the key challenge will be to expand coverage in a fiscally sustainable manner. This volume examines the outlook for public pension spending over the coming decades and the options for reform in 52 advanced and emerging market economies.

The Challenge of Public Pension Reform in Advanced and Emerging Economies

2011
Download The Challenge of Public Pension Reform in Advanced and Emerging Economies PDF Online Free

Author :
Release : 2011
Genre :
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis The Challenge of Public Pension Reform in Advanced and Emerging Economies by : Internationaler Währungsfonds

Download or read book The Challenge of Public Pension Reform in Advanced and Emerging Economies written by Internationaler Währungsfonds. This book was released on 2011. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews past trends in public pension spending and provides projections for 27 advanced and 25 emerging economies over 2011-2050. In constructing these projections, the paper incorporates the impact of recent pension reforms and highlights the key assumptions underlying these projections and associated risks. The paper also presents reform options to address future pension spending pressures in the advanced and emerging economies. These reforms-mainly increasing retirement ages, reducing replacement rates, or increasing payroll taxes-are discussed in the context of their role in fiscal consolidation, and their implications for both equity and economic growth. In addition, the paper examines the challenge of emerging economies of expanding coverage in a fiscally sustainable manner.

Equitable and Sustainable Pensions

2014-03-08 Business & Economics
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Release : 2014-03-08
Genre : Business & Economics
Kind : eBook
Book Rating : 093/5 ( reviews)

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Book Synopsis Equitable and Sustainable Pensions by : Mr.Benedict J. Clements

Download or read book Equitable and Sustainable Pensions written by Mr.Benedict J. Clements. This book was released on 2014-03-08. Available in PDF, EPUB and Kindle. Book excerpt: Pension reform is high on the agenda of many advanced and emerging market economies, for many reasons. First, public pensions often constitute a large share of government expenditure. Second, population aging means that reforms would be needed just to keep pension spending from rising in the future. Third, in many economies, low or falling pension coverage will leave large segments of the population without adequate income in old age and at risk of falling into poverty. Although a number of studies have assessed the effects of pension reforms on fiscal sustainability, a systematic analysis of equity issues in pension systems—and how countries have grappled with these issues—has yet to be undertaken. This book brings together the latest research on equity issues related to pension systems and pension reforms in the post-crisis world. Some of the key issues covered include: the effect of pension systems on intergenerational equity and the impact of pension reforms on poverty, the effects of pension reform measures on fiscal sustainability and equity, and the fiscal consequences of achieving different equity goals. It also presents country case studies. The volume provides a rich menu of material to assist policymakers and academic audiences seeking to understand the latest research in this area, as well as the lessons and challenges for the design of reforms.

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