Pension Reform in the Baltics, Russia, and other Countries of the Former Soviet Union (BRO)

Pension Reform in the Baltics, Russia, and other Countries of the Former Soviet Union (BRO) PDF

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 1998-02-01

Total Pages: 41

ISBN-13: 1451842759

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Despite their increasing fiscal burden, the public pension systems of BRO countries are failing to provide adequate social protection. Although there is a broad consensus about the need for pension reforms, BRO countries are debating whether to embark on systemic reforms or whether to correct the distortions in their pay-as-you-go (PAYG) pension systems. The paper reviews the measures taken by BRO countries during the transition period to address their pension problems and examines the options for further reform. It makes a strong case for a gradual reform approach aimed at establishing a multi-pillar system over the long run, but initially focused on implementation of “high-quality” reforms of the PAYG system.

Pension Reform in the Baltics, Russia, and Other Countries of the Former Soviet Union (Bro).

Pension Reform in the Baltics, Russia, and Other Countries of the Former Soviet Union (Bro). PDF

Author: Marta de Castello Branco

Publisher:

Published: 2006

Total Pages: 40

ISBN-13:

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Despite their increasing fiscal burden, the public pension systems of BRO countries are failing to provide adequate social protection. Although there is a broad consensus about the need for pension reforms, BRO countries are debating whether to embark on systemic reforms or whether to correct the distortions in their pay-as-you-go (PAYG) pension systems. The paper reviews the measures taken by BRO countries during the transition period to address their pension problems and examines the options for further reform. It makes a strong case for a gradual reform approach aimed at establishing a multi-pillar system over the long run, but initially focused on implementation of quot;high-qualityquot; reforms of the PAYG system.

Economic Transition and Social Protection

Economic Transition and Social Protection PDF

Author: Mr.Sanjeev Gupta

Publisher: International Monetary Fund

Published: 1998-12-01

Total Pages: 14

ISBN-13: 1451967764

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This paper briefly describes the factors constraining the social protection policies in the Baltics, Russia, and other countries of the former Soviet Union (BRO). The analysis considers public spending in social programs, including generalized subsidies for goods and consumer services, pensions, unemployment-related and social benefits, and education and health care. The paper then lists policies that can help mitigate the worsening living standards of the poor and the vulnerable in a fiscally sustainable manner.

Kyrgyz Republic

Kyrgyz Republic PDF

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 2000-10-30

Total Pages: 129

ISBN-13: 1451821328

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The paper describes recent macroeconomic and financial developments and highlights a number of important medium- and longer-term policy issues. Empirical estimates of potential output growth for the Kyrgyz economy based on a number of different methodologies are presented. Competitiveness and trade policy, social policy issues, namely poverty alleviation and pension reform, are also taken up for discussion. Developments in the banking system since 1998 are described. Fiscal issues are discussed and also statistical data on economic indices are presented.

Latvia

Latvia PDF

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 1998-06-04

Total Pages: 146

ISBN-13: 1451824416

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This Selected Issues paper and Statistical Appendix highlights that the real GDP growth in Latvia accelerated in the second half of 1997, and is estimated at 6 percent for the year. Growth was broad-based, with particularly strong performance in the services sector and construction, and has been led by increased investment, with real capital formation rising by an estimated 10 percent, and enhanced efficiency. Reflecting the strong economic growth, official unemployment has begun to decline, falling from 71⁄2 percent in mid-year to 6.7 percent at end-January 1998.

Pension Reform in Europe

Pension Reform in Europe PDF

Author: Camila Arza

Publisher: Routledge

Published: 2007-08-07

Total Pages: 290

ISBN-13: 1134134363

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This new book provides a cross-country comparative analysis of the key issues shaping the latest pension reforms in Europe: political games, welfare models and pathways, population reactions, and observed and expected outcomes. Pension reform has been a top policy priority for European governments in the last decade. Ageing populations, changing labour market patterns and the process of European integration are the ‘irresistible forces’ pushing for reform throughout the region. The Political Economy of Pension Reform evaluates the political forces that make pension reform viable in different national and institutional contexts and the nature of political bargains, actors and cleavages surrounding policy change. The volume also examines the nature and outcomes of pension reform experiences in Europe, searching for a solution to the financial challenge posed by growing pension budgets. By addressing the nature of change, the pathways of reform, and the outcomes of the new pension mix in the region, the authors conclude with an analysis of people’s perceptions and attitudes towards pension policy and their acceptance or otherwise of different reform options. This book will be of interest to students and scholars of international political economy, European politics, and social policy.

Social Security at the Dawn of the 21st Century

Social Security at the Dawn of the 21st Century PDF

Author: Dalmer D. Hoskins

Publisher: Transaction Publishers

Published:

Total Pages: 362

ISBN-13: 141283452X

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Presenting a periodic overview of the most significant developments and trends in the field of social security has become, for the International Social Security Association, a tradition and a firm commitment. Benefiting from the vast quantity of information uniquely available to the ISSA, its triennial review takes stock of the current state of social security world wide and focuses, through expert analyses, on some of the most pressing social security issues. Social Security at the Dawn of the 21st Century, the outcome of the most recent review, is intended to significantly extend the access of an international readership to accurate and up-to-date information and analyses on social security, which has without question developed during the twentieth century into one of the most important publicly financed and administered institutions in modern society. The chapters are grouped into two parts. Part one treats subjects related to policy trends and regional developments, with special emphasis on such important issues as redesigning social security programs, new management practices, and the informal care dilemma. It features major aspects of developments in Asia-Pacific and Latin America. Part two focuses on specific program areas, with special emphasis on problems and reforms in employment policy, pension systems, and public disability schemes. Information is also provided on new approaches to ensuring adequate access to health care and on policies in response to changes in family structures as well as an recent experience with social assistance programs. Dalmer D. Hoskins has held the post of Secretary General of the International Social Security Association (ISSA) since 1990. Before his election to this post, he held positions in the United States Social Security Administration and the Department of Health and Human Services. Donate Dobbernack is currently chief of communications and publications within the International Social Security Association (ISSA). Before assuming responsibilities in this area, she was chief of the technical activities program of the Association, dealing with international enquiries and studies on various aspects of social security and related fields. Christiane Kuptsch is a research officer with the International Social Security Association (ISSA) and the editor of the quarterly publication Trends in Social Security. She is a regular contributor to the Encyclopaedia Britannica on the issue of developments in social protection.

Pension Reform in Latin America and Its Lessons for International Policymakers

Pension Reform in Latin America and Its Lessons for International Policymakers PDF

Author: Tapen Sinha

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 310

ISBN-13: 146154503X

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The experience of privatization of social security has been predominantly in the Latin American region. Eight countries have undertaken either full or partial privatization of pensions: Argentina, Bolivia, Chile, Colombia, El Salvador, Mexico, Peru, and Uruguay. What did the policymakers expect? Were expectations realized? Can we learn anything from the collective experience of these countries? Can they be applied to other countries that are aspiring to privatize? How did the World Bank and other international institutions affect these policies? Pension Reform in Latin America and Its Lessons for International Policymakers analyzes in detail these important questions. The book begins with a detailed account of economic conditions in Latin America. It then discusses various models that policymakers rely on. Starting with a purely demographic model, it lays out advanced models of overlapping generations of Samuelson. The book gives extensive details of privatized pensions in each of the eight reforming countries. Two chapters are devoted to analyzing the reform in each country. Finally, detailed lessons are drawn that will help shape the debate for policymakers in other countries.

Republic of Kazakhstan

Republic of Kazakhstan PDF

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 2001-01-25

Total Pages: 76

ISBN-13: 145182081X

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This Selected Issues paper analyzes Kazakhstan's recent trends in the fiscal position of general government; the fiscal and oil price vulnerabilities; the fiscal framework; and tax administration. The paper also describes the development of activity in capital markets, the growth of pension funds, and examines the trade movements, exchange rate, and presents an evaluation of external competitiveness of the country. It also provides a statistical appendix report for the Republic of Kazakhstan.