IDEAS home Printed from https://ideas.repec.org/p/hit/piedp1/260.html
   My bibliography  Save this paper

Pension Reform in Central Asia: An Overview

Author

Listed:
  • Becker, Charles M.
  • Seitenova, Ai-Gul S.
  • Urzhumova, Dina S.

Abstract

Seven years ago, Kazakhstan embarked on a dramatic reform of its pension and social security system in order to move from a public defined benefit ("solidarity") system to one of defined mandatory contributions (accumulative system). At the same time, Kyrgyzstan embarked on a move to a notional defined contribution (NDC) system that has made little progress. Today, major reforms are being planned in both Uzbekistan and Tajikistan as well. This paper surveys the reforms that have taken place, discusses the planned reforms, and places them in the underlying fiscal and demographic contexts of the various countries in the region.

Suggested Citation

  • Becker, Charles M. & Seitenova, Ai-Gul S. & Urzhumova, Dina S., 2005. "Pension Reform in Central Asia: An Overview," Discussion Paper 260, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
    • Handle: RePEc:hit:piedp1:260
    as

    Download full text from publisher

    File URL: https://hermes-ir.lib.hit-u.ac.jp/hermes/ir/re/14276/pie_dp260.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Kathryn Anderson & Richard Pomfret, 2003. "Consequences of Creating a Market Economy," Books, Edward Elgar Publishing, number 2887.
    2. World Bank, 2004. "The World Bank Annual Report 2004," World Bank Publications - Books, The World Bank Group, number 13928, December.
    3. Becker, Charles & Paltsev, Sergey V., 2004. "Economic Consequences of Demographic Change in the Former USSR: Social Transfers in the Kyrgyz Republic," World Development, Elsevier, vol. 32(11), pages 1849-1870, November.
    4. Charles M Becker & Sergey Paltsev, 2001. "Macro-Experimental Economics in the Kyrgyz Republic: Social Security Sustainability and Pension Reform," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 43(3), pages 1-34, September.
    5. Becker, Charles M. & Hemley, David D., 1998. "Demographic change in the former Soviet Union during the transition period," World Development, Elsevier, vol. 26(11), pages 1957-1975, November.
    6. Becker, Charles M. & Musabek, Erbolat N. & Seitenova, Ai-Gul S. & Urzhumova, Dina S., 2005. "The migration response to economic shock: lessons from Kazakhstan," Journal of Comparative Economics, Elsevier, vol. 33(1), pages 107-132, March.
    7. World Bank, 2004. "The World Bank Annual Report 2004," World Bank Publications - Books, The World Bank Group, number 13927, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ali Burak Güven, 2012. "The IMF, the World Bank, and the Global Economic Crisis: Exploring Paradigm Continuity," Development and Change, International Institute of Social Studies, vol. 43(4), pages 869-898, July.
    2. Ali, Murad, 2017. "Implementing the 2030 Agenda in Pakistan: the critical role of an enabling environment in the mobilisation of domestic and external resources," IDOS Discussion Papers 14/2017, German Institute of Development and Sustainability (IDOS).
    3. Kanbur, Ravi, 2005. "Reforming the Formula: A Modest Proposal for Introducing Development Outcomes in IDA Allocation Procedures," CEPR Discussion Papers 4971, C.E.P.R. Discussion Papers.
    4. Chen Ding & Deakin Simon, 2015. "On Heaven’s Lathe: State, Rule of Law, and Economic Development," The Law and Development Review, De Gruyter, vol. 8(1), pages 123-145, June.
    5. David Cuberes & Marc Teignier, 2012. "Gender Gaps in the Labor Market and Aggregate Productivity," Working Papers 2012017, The University of Sheffield, Department of Economics.
    6. Jamzani Sodik & Didi Nuryadin, 2011. "Education and regional economic growth in Central Java," Economic Journal of Emerging Markets, Universitas Islam Indonesia, vol. 3(2), pages 153-161, April.
    7. S. Feshina S. & O. Konovalova V. & С. Фешина С. & О. Коновалова В., 2018. "Перспективные направления противодействия мелкой коррупции в России в условиях цифровой экономики // Prospects of Counteracting Petty Corruption in the Digital Economy in Russia," Экономика. Налоги. Право // Economics, taxes & law, ФГОБУ "Финансовый университет при Правительстве Российской Федерации" // Financial University under The Government of Russian Federation, vol. 11(5), pages 92-99.
    8. Jonathan Silver, 2015. "Disrupted Infrastructures: An Urban Political Ecology of Interrupted Electricity in Accra," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 39(5), pages 984-1003, September.
    9. Alvaro Escribano & J. Luis Guasch & Manuel De Orte & Jorge Pena, 2009. "Investment Climate Assessment In Indonesia, Malaysia, The Philippines And Thailand: Results From Pooling Firm-Level Data," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 54(03), pages 335-366.
    10. An, Galina & Becker, Charles M., 2013. "Uncertainty, Insecurity, and Emigration from Kazakhstan to Russia," World Development, Elsevier, vol. 42(C), pages 44-66.
    11. Miroslav Mateev & Yanko Anastasov, 2010. "Determinants of small and medium sized fast growing enterprises in central and eastern Europe: a panel data analysis," Financial Theory and Practice, Institute of Public Finance, vol. 34(3), pages 269-295.
    12. Princely Ifinedo, 2005. "Uncertainties and Risks in the Implementation of an E-Learning Information Systems Project in a Higher-Learning Environment: Viewpoints from Estonia," Journal of Information & Knowledge Management (JIKM), World Scientific Publishing Co. Pte. Ltd., vol. 4(01), pages 37-46.
    13. Inter-American Development Bank (IDB), 2005. "The Millennium Development Goals in Latin America and the Caribbean: Progress, Priorities and IDB Support for their Implementation," IDB Publications (Books), Inter-American Development Bank, number 53698, February.
    14. Becker, Charles M. & Seitenova, Ai-Gul S., 2005. "Fertility and Marriage in Kazakhstan's Transition Period: Implications for Social Security Policy," Discussion Paper 261, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
    15. Bernhard Reinsberg, 2017. "Organizational reform and the rise of trust funds: Lessons from the World Bank," The Review of International Organizations, Springer, vol. 12(2), pages 199-226, June.
    16. Becker, Charles & Paltsev, Sergey V., 2004. "Economic Consequences of Demographic Change in the Former USSR: Social Transfers in the Kyrgyz Republic," World Development, Elsevier, vol. 32(11), pages 1849-1870, November.
    17. Marco Becht & Julian Franks & Jeremy Grant & Hannes F. Wagner, 2017. "Returns to Hedge Fund Activism: An International Study," Review of Financial Studies, Society for Financial Studies, vol. 30(9), pages 2933-2971.
    18. el Dirani, Omar Hassan & Jabbar, Mohammad A. & Babiker, Babiker Idris, 2009. "Constraints in the market chains for export of Sudanese sheep and sheep meat to the Middle East," Research Reports 99128, International Livestock Research Institute.
    19. Okeke, Edward N., 2013. "Brain drain: Do economic conditions “push” doctors out of developing countries?," Social Science & Medicine, Elsevier, vol. 98(C), pages 169-178.
    20. Boris Najman & Richard Pomfret & Gael Raballand & Patricia Sourdin, 2005. "How are Oil Revenues Redistributed in an Oil Economy? The Case of Kazakhstan," School of Economics and Public Policy Working Papers 2005-18, University of Adelaide, School of Economics and Public Policy.

    More about this item

    JEL classification:

    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
    • P35 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Public Finance
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hit:piedp1:260. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Digital Resources Section, Hitotsubashi University Library (email available below). General contact details of provider: https://edirc.repec.org/data/cihitjp.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.