No . 15 OECD DEVELOPMENT CENTRE Monika Queisser by PENSION REFORM : LESSONS FROM LATIN AMERICA

Content Provider	Semantic Scholar
Author	Queisser, Monika
Copyright Year	1999
Abstract	• There are benefits from Latin American pension reform, but they have been overestimated. • The approaches taken in second-generation reforms and their still early results hold lessons for OECD and non-OECD countries alike. • A partial shift to funding is feasible and can be financed in different ways; partial funding of pensions can lead to greater risk diversification. • High administrative costs and uniformity of investment portfolios make the new systems inefficient; pension regulation has to be designed and implemented to lessen these negative effects.
File Format	PDF HTM / HTML
Alternate Webpage(s)	http://www.oecd.org/dataoecd/54/18/2408071.pdf
Language	English
Access Restriction	Open
Content Type	Text
Resource Type	Article