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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| Format: | Journal |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
2004.
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| Series: | IMF Policy Discussion Papers; Policy Discussion Paper ;
No. 2004/004 |
| Online Access: | Full text available on IMF |