Pension Reform, Investment Restrictions and Capital Markets /

Pension reform in several emerging market countries has been associated with rapid growth in assets under management and a positive impact on the development of local securities markets. However, limitations on such development may lead to asset price distortions, bubbles, and concentration of risks...

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Autor principal: Roldos, Jorge
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2004.
Col·lecció:IMF Policy Discussion Papers; Policy Discussion Paper ; No. 2004/004
Accés en línia:Full text available on IMF