This technical note results from the Financial Sector Assessment (FSAP) conducted in the period 17 January 2017 and 1 February 2017. The note covers the activities of the Financial Supervision Commission...
The authors examine the association of financial literacy with retirement planning in Russia, a country with a relatively old and rapidly aging population, large regional disparities, and a rapidly emerging...
This first financial literacy survey in Bulgaria was conducted under the World Bank Program on Financial Governance and Consumer Protection in Financial Services. The Program aims to improve the levels...
Some of the headings included in this issue of the Daily brief economics and financial market commentary newsletter are as follows: global stocks decline on concerns about earnings; more downbeat news...
Public pension funds have the potential to benefit from low operating costs because they enjoy economies of scale and avoid large marketing costs. But this important advantage has in most countries been...
This paper belongs to series of 19 country and regional case studies commissioned as background research for the World Bank's Independent Evaluation Group (IEG) report Pension Reform and the Development...
The report covers several types of structured finance with such capital market instruments as mortgage-backed securities, structured bond issues for infrastructure financing, securitization of small and...
This report provides an assessment of accounting, financial reporting, and auditing requirements and practices within the enterprise and financial sectors in Latvia. The report uses International Financial...
There are many ways to structure mandatory private pension funds that rely on individual accounts. As in any market there are products and firms that provide them. Both are typically circumscribed by the...
There are many ways to structure mandatory private pension funds that rely on individual accounts. As in any market there are products and firms that provide them. Both are typically circumscribed by the...
The objective of this note is to put forward policy alternatives that could lead to improved management of pension fund assets in Kazakhstan. This note emphasizes prudence in the management of pension...
The project outcome is rated highly satisfactory, with a likely sustainability, and high institutional development impacts, achieved through satisfactory performances by both the Bank and Borrower. A number...
This note explores the impact of pension reform on country risk. Emphasis is placed on conceptual issues, empirical issues and evidence from Latin American countries which have or are currently in the...
In January 1999, Poland launched a new pension system that was the result of 5-6 years of broad outreach campaigns and complex negotiations within the government and between the government and key stakeholder...
The project outcome is rated highly satisfactory, and sustainability of project outcomes is likely. The overall performance of both the World Bank and the Borrower is rated satisfactory. Lessons emerged...