On the governance of public pension fund management
AbstractThe author surveys the empirical literature on the relationship between governance of public pension fund management and investment performance. He makes a preliminary attempt to identify good governance practices and distill governance guidelines aimed at reducing the political risk that is associated with central, public pension fund management. The author highlights the need for further work to support the development of a satisfactory set of governance guidelines.
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Bibliographic InfoPaper provided by The World Bank in its series Policy Research Working Paper Series with number 2878.
Date of creation: 31 Aug 2002
Date of revision:
Payment Systems&Infrastructure; Decentralization; Banks&Banking Reform; International Terrorism&Counterterrorism; Pensions&Retirement Systems; National Governance; Pensions&Retirement Systems; Banks&Banking Reform; Economic Stabilization; Environmental Economics&Policies;
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- Michael Useem & Olivia S. Mitchell, .
"Holders of the Purse Strings: Governance and Performance of Public Retirement Systems,"
Pension Research Council Working Papers
2000-3, Wharton School Pension Research Council, University of Pennsylvania.
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- Ricardo Bebczuk & Alberto Musalem & MarÃa Luisa Streb, 2011. "Suggesting Guidelines for Public Pension Funds Governance," Department of Economics, Working Papers 089, Departamento de EconomÃa, Facultad de Ciencias EconÃ³micas, Universidad Nacional de La Plata.
- Edgar Karapetyan & Anna Atoyan & Marta Sandoyan & Demeh Daradkah, 2009. "Financial Intermediation Modernization in Countries with Transition Economy," Transition Studies Review, Springer, vol. 16(2), pages 287-298, June.
- Robert Holzmann & Richard Hinz, 2005. "Old Age Income Support in the 21st century: An International Perspective on Pension Systems and Reform," World Bank Publications, The World Bank, number 7336.
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