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Pensions in Africa

Author

Listed:
  • Fiona Stewart

    (OECD)

  • Juan Yermo

    (OECD)

Abstract

This paper discusses why the development of pension systems is important for the African region. It also looks at the current pension arrangements in selected African countries. The paper was designed as an overview/background document to provide context and assist discussion at the OECD/IOPS Global Forum on Private Pensions, which was held in Mombasa, Kenya on the 30th/31st October, 2008. The OECD and IOPS acknowledge the leadership of other organizations in terms of development and African specific issues – notably the World Bank, International Labor Organistaion (ILO) and IMF. Les retraites en Afrique Le présent document examine les raisons pour lesquelles le développement des systèmes de retraite est important pour la région de l'Afrique. Il décrit également les dispositifs de retraite en vigueur dans un certain nombre de pays africains. Il s'agit d'un document de synthèse/d'information destiné à situer et à faciliter les débats du Forum mondial OCDE/OICP sur les pensions privées qui s'est tenu à Mombasa (Kenya) les 30 et 31 octobre 2008. L'OCDE et l'OICP tiennent à souligner le rôle prépondérant d'autres organisations dans le domaine du développement et en ce qui concerne les questions liées à l‘Afrique – notamment la Banque mondiale, l'Organisation internationale du travail (OIT) et le FMI.

Suggested Citation

  • Fiona Stewart & Juan Yermo, 2009. "Pensions in Africa," OECD Working Papers on Insurance and Private Pensions 30, OECD Publishing.
    • Handle: RePEc:oec:dafaab:30-en
    DOI: 10.1787/227444006716
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    Citations

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    Cited by:

    1. Essers, Dennis & Cassimon, Danny, 2012. "Washing away original sin: vulnerability to crisis and the role of local currency bonds in Sub-Saharan Africa," IOB Working Papers 2012.12, Universiteit Antwerpen, Institute of Development Policy (IOB).
    2. de Araujo, Pedro & Murray, James, 2010. "A Life Insurance Deterrent to Risky Behavior in Africa," MPRA Paper 22675, University Library of Munich, Germany.
    3. Amos Gitau Njuguna, 2012. "Critical Success Factors for a Micro-Pension Plan: An Exploratory Study," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 3(4), pages 82-97, October.
    4. Andrews Doeh Agblobi & Anthony Kofi Osei-Fosu & Hadrat Yusif, 2020. "Poverty Response to the Household Type of Elderly and Old-Age Pension," Business and Management Research, Business and Management Research, Sciedu Press, vol. 9(4), pages 1-20, December.
    5. Ivan Byaruhanga & Jonas Debesay, 2021. "The Impact of a Social Assistance Program on the Quality of Life of Older People in Uganda," SAGE Open, , vol. 11(1), pages 21582440219, January.
    6. Inderst, Georg & Stewart, Fiona, 2014. "Institutional Investment in Infrastructure in Emerging Markets and Developing Economies," MPRA Paper 62522, University Library of Munich, Germany.
    7. Fachinger, Uwe & Künemund, Harald & Schulz, Martin F. & Unger, Katharina, 2013. "Der Beitrag der kapitalgedeckten Altersversorgung zur Lebensstandardsicherung," Arbeitspapiere 285, Hans-Böckler-Stiftung, Düsseldorf.

    More about this item

    Keywords

    Africa; Afrique; demographic trends and forecasts; financement; funding; pensions; politique sociale et du travail; poverty alleviation; retraites; réduction de la pauvreté;
    All these keywords.

    JEL classification:

    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies

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