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010   $a1-282-84260-9
010   $a9786612842603
010   $a1-4518-7186-4
035   $a(CKB)3170000000055206
035   $a(EBL)1608183
035   $a(SSID)ssj0000940079
035   $a(PQKBManifestationID)11600618
035   $a(PQKBTitleCode)TC0000940079
035   $a(PQKBWorkID)10938245
035   $a(PQKB)11155033
035   $a(OCoLC)469106764
035   $a(MiAaPQ)EBC1608183
035   $a(IMF)WPIEE2009038
035   $a(EXLCZ)993170000000055206
100   $a20100902d2009      uf         0
101 0 $aeng
135   $aur|n|---|||||
181   $ctxt
182   $cc
183   $acr
200 10$aCan the Eastern Caribbean Currency Union afford to grow old? /$fHunter Monroe
205   $a1st ed.
210   $a[Washington, D.C.] $cInternational Monetary Fund$d2009
215   $a1 online resource (15 p.)
225 1 $aIMF working paper ;$vWP/09/38
300   $aDescription based upon print version of record.
311   $a1-4519-1621-3 
320   $aIncludes bibliographical references.
327   $aContents; I. Introduction; II. Emigration and Sustainability; III. Asset Returns and Portfolio Allocation; IV. Other Age-Related Spending; V. Policy Recommendations; Figures; 1. Demographic Profile, 2005-60; 2. Social Security Reserve Assets per Actuarial Reviews; 3. Countries with the Largest Emigration to OECD, 1970-2000; 4. Estimates of Annual Emigration Rates, 2000; 5. Demographic Profile with Constant Emigration at the Historical OECD Rate, 2005-60; 6. Projected Year of Pension Fund Reserve Asset Depletion; 7. Social Security Reserve Portfolio Asset Allocations
327   $a8. Average Age-Related Expenditure, 2004-069. Costs of Aging, 2006 vs. 2050; References
330 3 $aThe demographic transition in the Eastern Caribbean Currency Union (ECCU) now underway is rapid compared with international experience, and emigration is playing a particularly large role. This paper describes and quantifies several factors which could magnify the challenge of pension reform. First, for some ECCU countries, continued emigration at historical rates would considerably advance the projected date at which pension scheme assets are depleted. Second, there is a significant risk that assets will underperform, given the large exposures to the highly-leveraged public sector and to a lesser extent the record with private sector investments. Third, portfolio diversification away from the public sector could be complicated by age-related pressure for greater central government health spending.
410  0$aIMF working paper ;$vWP/09/38.
606   $aPensions
615  0$aPensions.
676   $a332.4;332.497294
700   $aMonroe$b Hunter$01654499
712 02$aInternational Monetary Fund.
801  0$bMiAaPQ
801  1$bMiAaPQ
801  2$bMiAaPQ
906   $aBOOK
912   $a9910827088003321
996   $aCan the Eastern Caribbean Currency Union Afford to Grow Old$94006369
997   $aUNINA