The author summarizes the major findings and recommendations in Averting the Old Age Crisis, describing problems in traditional pension systems and proposals for reform. Then she describes how those reforms are being implemented in many countries and examines empirical evidence about pension reform's impact on growth. Since the publication of Averting the Old Age Crisis, the move toward multipillar systems has accelerated around the world, spurred...
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详细
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1997/05/31
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政策研究报告
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WPS1766
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1
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1
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2010/07/01
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New systems for old age security - theory, practice, and empirical evidence
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rate of return to capital