1.

Record Nr.

UNINA9910817304303321

Titolo

Aging population, pension funds, and financial markets : regional perspectives and global challenges for central, eastern, and southern Europe / / Robert Holzmann, editor

Pubbl/distr/stampa

Washington, DC, : World Bank

[Vienna], : ERSTE Stiftung, c2009

ISBN

1-282-02043-9

9786612020438

0-8213-7733-7

9730821377388

Edizione

[1st ed.]

Descrizione fisica

xvi, 162 pages : illustrations ; ; 23 cm

Collana

Directions in development. Finance

Altri autori (Persone)

HolzmannRobert

Disciplina

331.25/2094

Soggetti

Old age pensions - Europe, Central - Finance

Old age pensions - Europe, Eastern - Finance

Old age pensions - Europe, Southern - Finance

Population aging - Europe, Central

Population aging - Europe, Eastern

Population aging - Europe, Southern

Finance - Europe, Central

Finance - Europe, Eastern

Finance - Europe, Southern

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Contents; Preface; Acknowledgments; Abbreviations and Acronyms; Chapter 1 Introduction, Main Messages, and Policy Conclusions; Chapter 2 Were Financial Systems in CESE Countries Prepared for the Challenges of Multipillar Pension Reform?; Tables; Figures; Chapter 3 How Can Financial Markets Be Developed to Better Support Funded Systems?; Chapter 4 Population Aging and the Payout of Benefits; Chapter 5 Can the Financial Markets Generate Sustained Returns on a Large Scale?; Chapter 6 Does Investing in Emerging Markets Help?; Chapter 7 Will Population Aging Affect Rates of Return?



Appendix Readiness IndicatorsIndex

Sommario/riassunto

Population aging will affect the performance of pension funds and financial markets in the former transition economies and require determined policy actions to complete financial market development and to promote financial literacy through education.