admin, Author at Pension Policy International

04FebFebruary 4, 2017

The Issue of Rural Banking and Microfinance Institutions (Chapter)

By Ezra Sabiti Suruma The first quarter century of Uganda’s independence from British colonial rule (1962–85) was characterized by internal conflicts, dictatorship, and economic disintegration. However, the subsequent years (1986–2012) were marked by relative political and economic stability as well as sustained economic growth. During this period of transition, Ezra Suruma held many high positions in the arena of Ugandan politics and economics and served with distinction as Uganda’s minister of finance and economic development from 2005 to 2009.Advancing the...

February 4, 2017

Books, Corporate Governance, Regulation, System SustainabilityFinancial Education, Financial Inclusion, Political economy, Social Protection

04FebFebruary 4, 2017

Analysing the Performance of the Pension Fund Industry with a Stochastic Frontier Model: A Case Study for Portugal

The enhanced role of occupational and personal pension plans in providing retirement income raises issues concerning efficiency and performance. This paper evaluates the performance of Portuguese pension fund management companies from 1994 to 2003, using a Cobb-Douglas stochastic cost frontier model to generate their efficiency scores. We conclude that the price of labour, the price of capital-management services and the price of capital-premises, as well as profits, the number of participants, the number of closed funds and the decision...

February 4, 2017

Articles, Corporate Governance, InvestingFunding

04FebFebruary 4, 2017

Pensions at Work: Socially Responsible Investment of Union-Based Pension Funds

By Jack Quarter, Isla Carmichael & Sherida Ryan The concentrated nature of share ownership on the world’s capital markets means that large institutional investors – insurance companies, mutual funds, and pension funds – own the bulk of the world’s listed companies. In many countries, a significant portion of these shareholdings is held in workers’ retirement savings, pension funds, and other investment vehicles – workers’ capital. As beneficial owners of these deferred wages, workers are theindirectowners of a substantial portion of the...

February 4, 2017

Books, Corporate Governance, InvestingInvestment

04FebFebruary 4, 2017

Review: Public Pension Plan Funding: Can We Honor the Promises Made?

By Marguerite Schneider (more…)

February 4, 2017

Articles, InvestingFunding, Social pensions (first pilar), Social Protection

04FebFebruary 4, 2017

The Economics of Air Pollution in China: Achieving Better and Cleaner Growth

By Ma Jun Full Content: J Stor

February 4, 2017

Books, System SustainabilityPolitical economy

04FebFebruary 4, 2017

Living Faithfully in an Unjust World: Compassionate Care in Russia

By Melissa L. Caldwell This simple inscription graces the elegant bronze sculpture of a dog, foot raised in the air to scratch his neck, that rests in the entrance to Moscow’s Mendeleevskaia metro station. The dog commemorated in the sculpture was a stray, or more specifically, one of Moscow’s metro dogs, a uniquely Russian breed of canine that travels the city on public transportation, often snoozing undisturbed on subway and bus seats, and surviving on the food and makeshift shelters...

February 4, 2017

Books, Savings

04FebFebruary 4, 2017

Privatizing Pensions: The Transnational Campaign for Social Security Reform

By Mitchell A . Orenstein Most Americans know of President George W. Bush’s 2005 proposals for new pension reforms to privatize Social Security, but few are aware of a conversation that took place on September 11, 1997, between then Texas Governor Bush and José Piñera, a former Chilean Secretary of Labor and Social Security. Piñera is an internationally known advocate of private, individual pension savings accounts who led the effort to replace Chile’s social security system with individual accounts in...

February 4, 2017

Books, System SustainabilityLabor Market, Mandatory pensions, Social pensions (first pilar), Social Protection, Voluntary pensions

04FebFebruary 4, 2017

Retirement delay unified or differentiated: based on the interaction between pension deficit and labor market

By Zou Tieding & Ye Hang The pension deficit has been rapidly enlarging for more than a decade. If the retirement age is set at a low level, it might trigger a pensions crisis. Since the average life span of the Chinese has extended from 71 to 76 years old in last ten years, the feasibility of rising the retirement age has also been promoted. Methods: This paper aims to construct a mathematical model for choosing a proper policy about...

February 4, 2017

Aging, Articles, Labor Market, System SustainabilityAging (and old age), Political economy, Sustainability

04FebFebruary 4, 2017

Can a small social pension promote labor force participation? : evidence from the Colombia mayor program

By Tobias Pfutze & Carlos Rodríguez-Castelán Full Content: EconBiz

February 4, 2017

Books, Labor MarketFinancial Education, Social Protection

04FebFebruary 4, 2017

International Best Practices in Pension Supervision

By Thomas Power Pension funds must be operated solely for the benefit of participants. Regulator must be strong and politically independent; Laws must focus on safety and soundness; There is no one size fits model including the EBRD Three-Pillar model. Full Content: EconBiz

February 4, 2017

Books, Regulation, SupervisionInvestment, Operations

February 2017