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Pensions, Price Shocks, and Macroeconomic Stability in Transition Economies: Illustrations From Belarus

Autor: Lugaresi, Sergio; Ahmad, Ehtisham; Schneider, Jean-Luc; Mourmouras, Alex
Año: 1994
Resumen: In many countries of the former Soviet Union, pensioners form a large and vulnerable group of the population, with pensions fixed in nominal terms. Attempts to "protect11 this group have included a revaluation of benefits for retirees and the introduction of indexation arrangements based on recent wage and price growth. In this paper, lagged indexation arrangements are shown to have large destabilizing effects that can potentially jeopardize the macroeconomic adjustment effort, particularly as inflation begins to decelerate. Some long-term problems relating to the aging of the population and associated policies are also discussed. Illustrative examples from Belarus are presented.

Fuente: Fondo Monetario Internacional (FMI)
Clasificación: Seguridad Social y Sistemas de Pensiones
Tipo de Publicación: Documentos de Trabajo
Idioma:

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Poland: The Social Safety Net During the Transition

Autor: Maret, Xavier; Schwartz, Gerd
Año: 1993
Resumen: This paper argues that the brunt of the reform-induced increase in Polish social expenditures has been borne by social insurance arrangements (mainly pensions and unemployment compensation) rather than by social assistance schemes targeted to the poor or more temporary social safety net schemes. This is largely due to ease of access to social security and its more attractive benefit structure. Much of recent social expenditure reform had an ad-hoc nature and was driven by the need to alleviate looming financial, distress. A major policy challenge is to avoid a further burdening of social security by needs that should be addressed by basic income support and emergency assistance policies or by general transfers (e.g., family allowances). Current reform needs are illustrated by using unemployment benefits and pensions as examples.

Fuente: Fondo Monetario Internacional (FMI)
Clasificación: Seguridad Social y Sistemas de Pensiones
Tipo de Publicación: Documentos de Trabajo
Idioma:

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Pension reform in developing countries

Autor: Iyer, Subramaniam
Año: 1993
Resumen: The purpose of this article is to survey the status of institutionalized pension schemes, with specific reference to developing countries. This spans a huge range extending from countries such as St. Kitts (population 40,000) to China (population, over 1 billion); and from States such as Mozambique (per capita GNP, US$80) to the United Arab Emirates (per capita GNP, US$19,860).1 However, all these countries share one common characteristic: a low state of social security development relative to the industrialized countries

Fuente: Organización Internacional del Trabajo (OIT)
Clasificación: Reformas de Pensiones
Tipo de Publicación: Artículo Académico
Idioma:

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Analysis of a national private pension scheme: the case of Chile

Autor: Gillion, Colin; Bonilla, Alejandro
Año: 1992
Resumen: Describes the main features of Chile's privatized defined contribution pension system and the basic arithmetic of the individual retirement accounts. Comments on the system's advantages and drawbacks and the role of the state therein. Briefly looks at the provision of other social benefits.

Fuente: Organización Internacional del Trabajo (OIT)
Clasificación: Seguridad Social y Sistemas de Pensiones
Tipo de Publicación: Artículo Académico
Idioma:

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Aging, Savings, and Pensions in the Group of Seven Countries: 1980-2025

Autor: Fondo Monetario Internacional (FMI)
Año: 1989
Resumen: In the next 30-40 years, past changes in fertility and mortality will lead to a significant increase in the share of the elderly. This study suggests that these demographic trends may lead to a decline in the G-7 private savings rate after 2000, compounding the impact of social expenditure pressures on the government's deficit. Moreover, public pensions may decline as a share of the consumption needs of the elderly, leading to financial pressures to reduce their consumption. The reduced burden of child support on the working population will not offset the increased burden of societal support for the elderly.

Fuente: Fondo Monetario Internacional (FMI)
Clasificación: Demografía
Tipo de Publicación: Documentos de Trabajo
Idioma:

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