The Challenge of Public Pension Reform in Advanced and Emerging Economies.

This paper reviews past trends in public pension spending and provides projections for 27 advanced and 25 emerging economies over 2011-2050. In constructing these projections, the paper incorporates the impact of recent pension reforms and highlights the key assumptions underlying these projections...

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Erakunde egilea: International Monetary Fund
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2011.
Saila:Policy Papers; Policy Paper ; No. 2011/101
Sarrera elektronikoa:Full text available on IMF
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245 1 4 |a The Challenge of Public Pension Reform in Advanced and Emerging Economies. 
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300 |a 1 online resource (71 pages) 
490 1 |a Policy Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper reviews past trends in public pension spending and provides projections for 27 advanced and 25 emerging economies over 2011-2050. In constructing these projections, the paper incorporates the impact of recent pension reforms and highlights the key assumptions underlying these projections and associated risks. The paper also presents reform options to address future pension spending pressures in the advanced and emerging economies. These reforms-mainly increasing retirement ages, reducing replacement rates, or increasing payroll taxes-are discussed in the context of their role in fiscal consolidation, and their implications for both equity and economic growth. In addition, the paper examines the challenge of emerging economies of expanding coverage in a fiscally sustainable manner. 
538 |a Mode of access: Internet 
830 0 |a Policy Papers; Policy Paper ;  |v No. 2011/101 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/007/2011/101/007.2011.issue-101-en.xml  |z IMF e-Library