Equitable and sustainable pensions : challenges and experience

Bibliographic Information

Equitable and sustainable pensions : challenges and experience

editors, Benedict Clements, Frank Eich, and Sanjeev Gupta

International Monetary Fund, c2014

  • : pbk

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Note

Includes bibliographical references and index

Description and Table of Contents

Description

Pension reform is high on the agenda of many advanced and emerging market economies, for many reasons. First, public pensions often constitute a large share of government expenditure. Second, population aging means that reforms would be needed just to keep pension spending from rising in the future. Third, in many economies, low or falling pension coverage will leave large segments of the population without adequate income in old age and at risk of falling into poverty.Although a number of studies have assessed the effects of pension reforms on fiscal sustainability, a systematic analysis of equity issues in pension systems - and how countries have grappled with these issues - has yet to be undertaken. This book brings together the latest research on equity issues related to pension systems and pension reforms in the post-crisis world. Some of the key issues covered include: the effect of pension systems on intergenerational equity and the impact of pension reforms on poverty, the effects of pension reform measures on fiscal sustainability and equity, and the fiscal consequences of achieving different equity goals. It also presents country case studies. The volume provides a rich menu of material to assist policymakers and academic audiences seeking to understand the latest research in this area, as well as the lessons and challenges for the design of reforms.

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Details

  • NCID
    BB15351892
  • ISBN
    • 9781616359508
  • LCCN
    2013487794
  • Country Code
    us
  • Title Language Code
    eng
  • Text Language Code
    eng
  • Place of Publication
    Washington, D.C.
  • Pages/Volumes
    v, 423 p.
  • Size
    23 cm
  • Classification
  • Subject Headings
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