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Pension reform in the Dominican Republic

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  • Palacios, Robert J.

Abstract

Arguably, the most important public policy initiative underway today in the Dominican Republic is the reform of its social security programs. The reform is taking place in the context of an economic crisis that will make a complex implementation process even more difficult in the first few years. In the longer run, the complete overhaul of the health and pension systems will have a major impact beyond social policy. It will affect labor markets, fiscal policy and even financial markets. In terms of the country's economic development, much is at stake. This paper describes the systemic pension reform introduced by legislation in 2001 but implemented only in mid-2003

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Bibliographic Info

Paper provided by The World Bank in its series Social Protection Discussion Papers with number 29140.

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Date of creation: 01 Dec 2003
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Handle: RePEc:wbk:hdnspu:29140

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Related research

Keywords: Pensions&Retirement Systems; National Governance; Poverty Assessment; Environmental Economics&Policies; Banks&Banking Reform;

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Cited by:
  1. Palacios, Robert & Sluchynsky, Oleksiy, 2006. "Social pensions Part I : their role in the overall pension system," Social Protection Discussion Papers 36237, The World Bank.
  2. World Bank, 2010. "Strengthening Caribbean Pensions : Improving Equity and Sustainability," World Bank Other Operational Studies 2847, The World Bank.

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