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Mandatory annuity design in developing economies


  • Doyle, Suzanne
  • Piggott, John


This 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.

Suggested Citation

  • Doyle, Suzanne & Piggott, John, 2002. "Mandatory annuity design in developing economies," Social Protection and Labor Policy and Technical Notes 25524, The World Bank.
  • Handle: RePEc:wbk:hdnspu:25524

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    References listed on IDEAS

    1. Aidt, Toke & Tzannatos, Zafiris, 2001. "The cost and benefits of collective bargaining : a survey," Social Protection and Labor Policy and Technical Notes 23309, The World Bank.
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    Cited by:

    1. World Bank, 2004. "Kazakhstan - The New Pensions in Kazakhstan : Challenges in Making the Transition," World Bank Other Operational Studies 14362, The World Bank.
    2. Disney, Richard & Whitehouse, Edward, 2001. "Cross-country comparisons of pensioners’ incomes," MPRA Paper 16345, University Library of Munich, Germany.


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