Competition and performance in the Polish second pillar [[electronic resource] /] / by Heinz Rudolph and Roberto Rocha

• Autore: Rudolph Heinz P
• Pubblicazione: Washington, DC, : World Bank, 2007
• Descrizione fisica: 1 online resource (64 p.)
• Disciplina: 363.909172
• Soggetto topico: Pensions - Poland; Pension trusts - Poland
• Soggetto genere / forma: Electronic books.
• Altri autori: RochaRoberto Rezende
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references and index.
• Nota di contenuto: Contents; Abstract; 1. Introduction; 2. Overview of the Polish Pension System; List of Tables; List of Figures; 3. Structure and Performance of the Second Pillar; 4. Main Regulatory and Supervisory Issues; 5. The Domestic Capital Market; 6. Recommendations for Improving the Performance of the Second Pillar; Appendix; References
• Sommario/riassunto: This paper provides an assessment of the Polish funded pension system and the quality of the regulatory framework for the accumulation phase. There are two elements that distinguish the Polish pension fund portfolios from other reforming countries: the relatively high component of domestic equity, and the negligible component on international securities. Although this asset allocation has provided relatively high real rates of return in the past, it may not be the case in the future, as further portfolio diversification to other instruments will become necessary to ensure sustainable rates of
• Titolo autorizzato: Competition and performance in the Polish second pillar
• ISBN: 1-280-94030-1; 9786610940301; 0-8213-7120-7
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910451121803321
• Lo trovi qui: Univ. Federico II
• Serie: World Bank working paper ; ; no. 107.