The Challenge of Public Pension Reform in Advanced and Emerging Economies

Front Cover
International Monetary Fund, Jan 25, 2013 - Business & Economics - 86 pages
0 Reviews
Pension reform is high on the policy agenda of many advanced and emerging market economies. In advanced economies the challenge is generally to contain future increases in public pension spending as the population ages. In emerging market economies, the challenges are often different. Where pension coverage is extensive, the issues are similar to those in advanced economies. Where pension coverage is low, the key challenge will be to expand coverage in a fiscally sustainable manner. This volume examines the outlook for public pension spending over the coming decades and the options for reform in 52 advanced and emerging market economies.
 

What people are saying - Write a review

We haven't found any reviews in the usual places.

Contents

1 Overview
1
2 Overview of the Current Pension Landscape
6
Boxes
7
3 Historical Trends in Public Pension Expenditures
9
4 Recent Pension Reform Initiatives
12
5 The Outlook for Public Pension Spending
14
6 Considerations for Pension Reform
22
7 Pension Reform Options
27
8 Summary and Concluding Comments
36
Public Pension Expenditure Identity
39
Disability Pensions Design and Reform Options
43
Poverty Impact of Lower Replacement Rates in Selected Countries
46
Public Pension Systems and Labor Market Incentives
47
Additional Pension Reform Data
49
References
61
Index
67

Tables
33

Other editions - View all

Common terms and phrases

About the author (2013)

BENEDICT J. CLEMENTS is Assistant Professor of Economics at Providence College, Rhode Island.

Bibliographic information