Enabling conditions for second pillars of pension systems:

"This note adds to the existing literature by examining the enabling conditions for the creation of mandatory funded pension funds, and identifying additional factors that are important to consider in the early stages of the reform. The note stresses the importance of some factors that had alre...

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Bibliographic Details
Main Author: Rudolph, Heinz P. (Author)
Format: Electronic eBook
Language:English
Published: [Washington, D.C] World Bank 2009
Series:Policy research working paper 4890
Subjects:
Online Access:Volltext
Summary:"This note adds to the existing literature by examining the enabling conditions for the creation of mandatory funded pension funds, and identifying additional factors that are important to consider in the early stages of the reform. The note stresses the importance of some factors that had already been identified in previous literature but not fully observed by reforming countries, including the strong and lasting commitment of the authorities with the reform, the fiscal commitment with the reform, and some basic financial infrastructure. The analysis is also extended to analyze the role of supervision in the early stages of the reform and the role of the government in fostering the development of the domestic capital market. "--World Bank web site
Item Description:Includes bibliographical references. - Title from PDF file as viewed on 5/7/2009
Physical Description:1 Online-Ressource
DOI:10.1596/1813-9450-4890