03109nam 2200649Ia 450 991045993990332120200520144314.01-282-64537-497866126453720-8213-8317-5(CKB)2670000000039945(EBL)589786(OCoLC)811492932(SSID)ssj0000410044(PQKBManifestationID)12148175(PQKBTitleCode)TC0000410044(PQKBWorkID)10349561(PQKB)10959749(MiAaPQ)EBC589786(Au-PeEL)EBL589786(CaPaEBR)ebr10397685(CaONFJC)MIL264537(EXLCZ)99267000000003994520100416d2010 uf 0engur|n|---|||||txtccrNew policies for mandatory defined contribution pensions[electronic resource] industrial organization models and investment products /Gregorio Impavido, Esperanza Lasagabaster, Manuel García-HuitrónWashington, D.C. World Bank20101 online resource (385 p.)Latin American development forum seriesDescription based upon print version of record.0-8213-8276-4 Includes bibliographical references and index.Half title; Title; Copyright; Latin American Development Forum Series; Titles in the Latin American Development Forum Series; About the Contributors; Contents; Foreword; Acknowledgments; Abbreviations; 1 Introduction; 2 Industrial Organization Issues and Their Consequences; 3 Narrowly Focused Policies or Alternative Industrial Models?; 4 Investment Choice and the Design of Investment Options; 5 Conclusions; IndexMandatory defined contribution pension markets are present in a growing number of countries around the world. But despite their popularity, policymakers continue to struggle with two key policy concerns. On the one hand, a number of design shortcomings encourages pension firms to charge high administrative fees. On the other hand, the global crisis that started in 2007 has reignited the debate on whether pension participants bear excessive investment risk. Both are valid policy concerns as their incidence can imply higher than expected levels of poverty among old age individuals. Both concernsLatin American development forum.Defined contribution pension plansPensionsIndustrial organizationElectronic books.Defined contribution pension plans.Pensions.Industrial organization.331.25/2Impavido Gregorio883152Lasagabaster Esperanza947310García-Huitrón Manuel947311MiAaPQMiAaPQMiAaPQBOOK9910459939903321New policies for mandatory defined contribution pensions2140377UNINA