May 2022
05May

Effect of Pensions on the Capital Market

By Sang Wook NAM This study analyzes the impact of public and private pensions on the capital market to examine the empirical arguments for the need for pension development. To this end, we conduct an empirical analysis of the effect of pension assets on the capital markets in 17 OECD member countries. The methods comprise static and dynamic panel analyses, which are conducted in parallel based on panel data on the stock and bond markets and the asset sizes of...

May 5, 2022
Articles, Investment, Pension Management, , ,
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April 2022
19Apr

World Bank cuts 2022 global growth outlook on Russia invasion

The World Bank cut its forecast for global economic expansion this year on Russia's invasion of Ukraine and is planning to mobilize a funding package bigger than the COVID-19 response for nations to deal with various resulting and ongoing crises. The institution lowered its estimate for global growth in 2022 to 3.2% from a January prediction of 4.1%, President David Malpass told reporters on a call on Monday. The decline was spurred by a cut in the outlook for Europe...

April 19, 2022
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Russia: Have investment trends shifted irreversibly?
11Apr

Russia: Have investment trends shifted irreversibly?

It has been six weeks since Russia sent troops into Ukraine, beginning what is perhaps the largest ground conflict in Europe since Germany declared war on France in 1940. Already this has changed the world immeasurably, as well as sending shockwaves through the markets. Read also Germany set for bumper pension hike amid inflation surge As the west has grouped together to impose crippling sanctions on the Kremlin’s elite, businesses have turned away from Russia, causing their economy to haemorrhage. The decision to...

April 11, 2022
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March 2022

Report on the economic impact of coronavirus disease (COVID-19) on Latin America and the Caribbean
10Mar

Report on the economic impact of coronavirus disease (COVID-19) on Latin America and the Caribbean

By ECLAC On 26 March 2020, the Government of Mexico convened a virtual ministerial meeting on health affairs for response and follow-up to the COVID-19 pandemic in Latin America and the Caribbean, which was attended by foreign ministers and health representatives from 30 countries of the Community of Latin American and Caribbean States (CELAC), as well as regional organizations. As a result of the meeting, CELAC formed a strategic alliance with the Economic Commission for Latin America and the Caribbean (ECLAC)...

March 10, 2022
Books, System Sustainability, , , ,
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War and Pensions
03Mar

War and Pensions

By John A. Turner, David M. Rajnes & Gerard Hughes Although war has had substantial effects, both positive and negative, on pension systems, the topic has received relatively little attention. War has played a role in the development of pension systems in many countries. Yet, no previous analysis has examined the full range of its effects. Source: Actuaries.org 397 views

March 3, 2022
Articles, System Characterization, System Sustainability, ,
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03Mar

War and Social Welfare: Reconstruction after Conflict 2009th Edición

By F. Cocozzelli & Paul S. Chung War and Social Welfare: Reconstruction after Conflict addresses the issues of rebuilding social assistance and pension programs in the wake of war. Arguing that post-conflict reconstruction missions need to pay greater attention to comprehensive social policy formation, the book makes normative and functional claims that social welfare programs articulate the core aspects of citizenship. War and Social Welfare uses the case of Kosovo to examine the interaction of international and local political actors...

March 3, 2022
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December 2021
20Dec

Leftist millennial Gabriel Boric, that vowed to reform pensions for the poor, is elected president of Chile.

Leftist lawmaker Gabriel Boric, 35, on Sunday became Chile’s youngest-ever president on promises of installing a “welfare state” in one of the world’s most unequal countries. The former student activist only just met the required minimum age to run in the presidential race, seven years after being elected to his first political job as a member of Chile’s Chamber of Deputies. On Sunday, he prevailed over far-right rival Jose Antonio Kast, an ultra-conservative lawyer who had promised to cut taxes and...

December 20, 2021
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Iceland’s Gigantic Pension Fund Is Creating a Headache at Home
07Dec

Iceland’s Gigantic Pension Fund Is Creating a Headache at Home

Iceland is confronting the trouble that comes with having a pension system so successful in amassing savings for future retirees that it was recently rated the best in the world. With assets now at about double the size of the north Atlantic island’s economy, the government is considering allowing investment managers to diversify by buying up more securities abroad, prompting the central bank to urge caution. The rules currently limit the share of overseas holdings in pension assets at 50%. “The...

December 7, 2021
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November 2021
22Nov

Pension funds can steer next level growth and development in Nigeria

In retrospect, it is widely attested that an active pension ecosystem effectively congregating players – a regulator, administrators, custodians, public and private sector employers and working-class persons across several age groups – is well established in Nigeria. The maturity of this industry relative to more advanced economies of the world like the US or the Organisation for Economic Co-operation and Development nonetheless, the pension industry globally has displayed great resilience, navigating the turbulence and whirlwinds: macroeconomic shocks, economic downturns,...

November 22, 2021
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05Nov

The Future of Jobs Report 2020

By World Economic Forum The Future of Jobs report maps the jobs and skills of the future, tracking the pace of change. It aims to shed light on the pandemic-related disruptions in 2020, contextualized within a longer history of economic cycles and the expected outlook for technology adoption, jobs and skills in the next five years. Get the book here 283 views

November 5, 2021
Books, Labor Market, , ,
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