1.

Record Nr.

UNINA9910790958103321

Autore

Clements Benedict

Titolo

Equitable and Sustainable Pensions : : Challenges and Experience / / Benedict Clements, Frank Eich, Sanjeev Gupta

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2014

ISBN

1-4755-6532-1

1-4843-9509-3

1-4755-6519-4

Descrizione fisica

1 online resource (433 p.)

Altri autori (Persone)

EichFrank

GuptaSanjeev

Disciplina

331.252

Soggetti

Pensions

Retirement income

Labor

Macroeconomics

Public Finance

Demography

Poverty and Homelessness

Social Security and Public Pensions

Nonwage Labor Costs and Benefits

Private Pensions

Economics of the Elderly

Economics of the Handicapped

Non-labor Market Discrimination

Retirement

Retirement Policies

Aggregate Factor Income Distribution

Population & demography

Labour

income economics

Public finance & taxation

Pension spending

Aging

Pension reform

Expenditure

Population and demographics

Population aging

Income



Wages

Poverty

Singapore

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Includes index.

Nota di contenuto

Cover; Contents; Foreword; PART I: THE OUTLOOK FOR PUBLIC PENSION SPENDING AND KEY EQUITY ISSUES; 1 Equitable and Sustainable Pension Systems; 2 Public Pension Spending in Advanced and Emerging Market Economies: Past Trends and Projected Outcomes; PART II: DESIGNING EQUITABLE AND SUSTAINABLE PENSION SYSTEMS; 3 The Role of the Public and Private Sectors in Ensuring Adequate Pensions: Theoretical Considerations; 4 Pension Reform and Equity: The Impact on Poverty of Reducing Pension Benefits; 5 Intergenerational Equity and the Gender Gap in Pension Issues

6 Attitudes toward the Role of the Family, the Individual, and the State in Providing Retirement Income: Survey Evidence from Emerging East Asia7 Who Will Pay? The Dynamics of Pension Reform and Intergenerational Equity; 8 Is the Egg Basket Worth Its Price? The Fiscal Implications of Pension Privatization in Eastern Europe; PART III: COUNTRY EXPERIENCES AND CHALLENGES; 9 Pension Reforms and Risks: Challenges for Pension Systems in Advanced European Economies; 10 Pension Reforms in Japan: Options for Fiscal Sustainability; 11 Providing Adequate Old-Age Pensions in the Republic of Korea

12 Singapore's Pension System: Challenges and Reform Options13 Australian Pensions: An Equitable and Sustainable Arrangement in a Postcrisis World?; 14 Emerging Asia's Public Pension Systems: Challenges and Reform Efforts; 15 Reforming Pensions to Ensure Equitable and Adequate Retirement Incomes in China; 16 India's Pension Reform Initiative; 17 Pension Reform Experience in Indonesia; 18 Latvia's Multipillar Pension System: New Challenges in the Wake of the Economic Crisis; 19 Reforming the Public Pension System in the Russian Federation

20 Macroeconomic Implications of Pension Reform in BrazilContributors; Index; A; B; C; D; E; F; G; H; I; J; K; L; M; N; O; P; R; S; T; U; V; W

Sommario/riassunto

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.