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|c 5.00 USD
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|z 9781451922912
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|a 1018-5941
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|c BD-DhAAL
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|a Cottarelli, Carlo.
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|a Pension Developments and Reforms in Transition Economies /
|c Carlo Cottarelli, Luis Cubeddu, M. Cangiano.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 1998.
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| 300 |
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|a 1 online resource (47 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This paper reviews developments in pension systems in 11 transition economies during the 1990s, highlighting the forces behind their rapid weakening. It focuses on the challenges these systems face-including those arising from demographic factors-and discusses why most transition countries are considering shifting, or have already shifted, from traditional defined-benefit pay-as-you-go systems to defined-contribution fully funded systems. Finally, the paper looks at the main options that arise in introducing fully funded components, including the relative mix between funding and pay-as-you-go, and the speed of the transition toward the new system.
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|a Mode of access: Internet
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|a Cangiano, M.
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|a Cubeddu, Luis.
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|a IMF Working Papers; Working Paper ;
|v No. 1998/151
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/1998/151/001.1998.issue-151-en.xml
|z IMF e-Library
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