This book presents an academic and a practical aspect on managing pension funds to clarify the global debate on social security. The authors establish the basic choices in designating any system to help policy makers develop the system that achieves their many objectives. They examine reforms in Lat...

Ausführliche Beschreibung

Bibliographische Detailangaben

1. Verfasser:	Modigliani, Franco 1918-2003 (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Cambridge Cambridge University Press 2004
Schlagworte:	Soziale Sicherheit Pension trusts Social security Pension trusts / Cross-cultural studies Rentenreform Internationaler Vergleich Rentenversicherung Reform
Online-Zugang:	BSB01 UBG01 Volltext
Zusammenfassung:	This book presents an academic and a practical aspect on managing pension funds to clarify the global debate on social security. The authors establish the basic choices in designating any system to help policy makers develop the system that achieves their many objectives. They examine reforms in Latin America to highlight flaws and to estimate the true cost of these reforms and factors affecting these costs. The authors then discuss how the United States and Spain can implement robust systems incorporating many of the ideal features. The success of reforms depends on financial innovation to mitigate key risks and some innovations are discussed, which also demonstrates how pension reform choices affect the achievement of retirement objectives. Finally, the authors examine some proposed hybrid options to show how the beneficial features of these hybrids can be captured through good design in a single fund
Beschreibung:	Title from publisher's bibliographic system (viewed on 05 Oct 2015)
Beschreibung:	1 online resource (xv, 247 pages)
ISBN:	9780511510946
DOI:	10.1017/CBO9780511510946