Mandatory annuity design in developing economies
AbstractThis paper explores the appropriate development of policy towards mandatory, retirement income streams within this broad framework, paying particular attention to the economic environments relevant to developing economies. After a review of existing practices, numerical simulation techniques are used, to show how a modest, government-funded pension scheme, and appropriate annuity design in the mandatory funded sector, might sensibly be combined.
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Bibliographic InfoPaper provided by The World Bank in its series Social Protection Discussion Papers with number 25524.
Date of creation: 31 May 2002
Date of revision:
Pensions&Retirement Systems; Insurance&Risk Mitigation; Environmental Economics&Policies; Banks&Banking Reform; Economic Theory&Research;
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- Disney, Richard & Whitehouse, Edward, 2001. "Cross-country comparisons of pensioners’ incomes," MPRA Paper 16345, University Library of Munich, Germany.
- World Bank, 2004. "Kazakhstan - The New Pensions in Kazakhstan : Challenges in Making the Transition," World Bank Other Operational Studies 14362, The World Bank.
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