Progress and Challenges of Nonfinancial Defined Contribution Pension Schemes - Holzmann, Robert; Palmer, Edward; Palacios, Robert
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Offering public pensions with an account scheme that pays out what one paidin plus interest, and that keeps the system financially sound while not using financial markets has emerged as a reform benchmark for all pension schemes worldwide. The publication analyzes country experiences, design and operational challenges, and solutions.

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Produktbeschreibung
Offering public pensions with an account scheme that pays out what one paidin plus interest, and that keeps the system financially sound while not using financial markets has emerged as a reform benchmark for all pension schemes worldwide. The publication analyzes country experiences, design and operational challenges, and solutions.
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Autorenporträt
The World Bank came into formal existence in 1945 following the international ratification of the Bretton Woods agreements. It is a vital source of financial and technical assistance to developing countries around the world. The organization's activities are focused on education, health, agriculture and rural development, environmental protection, establishing and enforcing regulations, infrastructure development, governance and legal institutions development. The World Bank is made up of two unique development institutions owned by its 185 Member Countries. The International Bank for Reconstruction and Development (IBRD) focuses on middle income and creditworthy poor countries and the International Development Association (IDA), which focuses on the poorest countries in the world.