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The Chilean Pension Reform Turns 25:Lessons from the Social Protection Survey
Chile Retirement system PAYGO Defined contribution individual accounts Social Protection Survey
2016/3/18
In 1980, Chile dramatically reformed its retirement system, replacing what was an old insolvent PAYGO program with a new structure that relies heavily on funded defined contribution individual account...
Rural Pension Reform in China:Lessons from Latin American Countries
Social pensions non-contributory pensions notional defined contribution pensions funded defined contribution pensions China Latin America
2016/3/23
Over the last three years, China has made substantial progress in pushing forward its New Rural Pension program that already “covers” more than 60% of rural counties. Currently, this new scheme has tw...
Longevity, Life-Cycle Behavior and Pension Reform
life expectancy public pension reform retirement employment life-cycle models consumption tax and transfer system
2012/10/25
How can public pension systems be reformed to ensure fiscal stability in the face of increasing life expectancy? To address this pressing open question in public finance, we estimate a life-cycle mode...
Moving the Unmovable: Political Strategies of Pension Reform in Germany
Political Strategies Pension Reform Germany
2009/9/29
This article has two aims: First, to present a descriptive analysis of the recent pension reforms in Germany, focussing on the reforms of 2003 and 2004 and on the political process instead of policy o...
PENSION REFORM IN CHINA:A QUESTION OF PROPERTY RIGHTS
PENSION REFORM PROPERTY RIGHTS CHINA
2008/11/7
China’s aging population will sharply increase the number of retirees
who have to be supported by each worker in the next several
decades. That demographic problem combined with the inability of
st...
In the last year and a half the world has witnessed a remarkable reduction inthe valuation of asset prices in developing countries. Measured in dollars, stockvalues declined by roughly 30 percent in r...
CCER-NBER Annual MeetingThe World Bank´s Approach and the Right Approach to Pension Reform
2008/1/17
Introduction In the last year and a half the world has witnessed a remarkable reduction in the valuation of asset prices in developing countries. Measured in dollars, stock values declined by roughly ...
Will it Last? An Assessment of the 2001 German Pension Reform
Pension reform pension funding fiscal projections Germany
2013/10/18
In May 2001, Germany adopted a fundamental pension reform cutting back public pensions and introducing personal pension accounts. The paper critically reviews the reform decisions and evaluates their ...