Nonfinancial defined contribution pension schemesin a changing pension world: challenges for late developing countries in a globalizing world v. 1 Progress, lessons, and implementation

Nonfinancial Defined Contribution (NDC) schemes are now in their teens. The new pension concept was born in the early 1990s, implemented from the mid-1990sin Italy, Latvia, Poland and Sweden, legislated most recently in Norway and Egypt and serves as inspiration for other reform countries. This innovative unfunded individual account scheme created high hopes at a time when the world seemed to have been locked into a stalemate between piecemeal reforms of ailing traditional defined benefit schemes and introducing pre-funded financial account schemes.

• ISBN: 978-0-8213-8848-8
• Editorial: World Bank
• Encuadernacion: Rústica
• Páginas: 338
• Fecha Publicación: 01/06/2012
• Nº Volúmenes: 1
• Idioma: Inglés