IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this paper or follow this series

A World Bank perspective on pension reform

  • Holzmann, Robert

This report highlights the World Bank's thinking and worldwide involvement in pension reform. Both are driven by the Bank's mandate to help countries develop economically and to reduce poverty. The Bank has four key concerns in working with clients on pension policy: 1) short-term financing and long-term financial viability; 2) effects on economic growth; 3) adequacy and other distributive issues; and 4) political risk and sustainability. In response to these concerns and after review of the three main reform options for unfunded systems-mere pay-as-you-go reform, a rapid and complete shift to a mandatory funded system, and a gradual shift to a multi-pillar scheme-the Bank favors the later approach, but in a pragmatic and country-specific manner. When helping to implement a pension reform, the Bank takes full account of country preferences, circumstances and ownership, bases its support on sound reform criteria, links client assistance with knowledge management, provides training and other measures to enhance the reform capacity of a country, and seeks cooperation with other international institutions.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www-wds.worldbank.org/servlet/WDSContentServer/WDSP/IB/2000/04/08/000094946_0004050237455/Rendered/PDF/multi_page.pdf
Download Restriction: no

Paper provided by The World Bank in its series Social Protection Discussion Papers with number 20050.

as
in new window

Length:
Date of creation: 31 Dec 1998
Date of revision:
Handle: RePEc:wbk:hdnspu:20050
Contact details of provider: Postal: 1818 H Street, N.W., Washington, DC 20433
Phone: (202) 477-1234
Web page: http://www.worldbank.org/
Email:


More information through EDIRC

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:wbk:hdnspu:20050. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Raiden C. Dillard)

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 references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.

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

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.