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Finance policy

Investigating the effects of fiscal stimuli on development
Marble pillars
J.-L. Dugast / Panos Pictures

Developed countries are addressing the current financial crisis with fiscal stimuli. This paper examines the effects of various stimuli on growth in the world and in developing countries. It examines the effects of providing an aid financed fiscal stimulus in sub-Saharan Africa (SSA).

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How the Indian pension system falls behind the OECD benchmark
( R.K. Jha;S. Bhattacharyya / Munich Personal RePEc Archive , 2010)
In India the lack of a wide social security net has serious implications for well-being of aged, poor people who are unable to meet their old age needs. India’s workforce is largely based in uno...
How to create a multi-pillar pension system in Peru
( J. Olivera / Society for the Study of Economic Inequality , 2010)
Peru created the Private Pension system (SPP) in 1993, without dismantling its old defined benefit system (the National Pension System, SNP).  However, members of the SPP (those who previously be...
Fallout from the financial crisis will change the landscape for finance and growth over the next 10 years
( World Bank , 2010)
Developing countries facing higher borrowing costs, lower credit levels, and reduced international capital flows. 2010's Global Economic Prospects report examines the consequences of the financial cri...
Labour markets will continue to struggle despite signs of economic growth
( International Labour Organization , 2010)
Even though the global economy appeared to start growing again during the closing months of 2009, labour markets showed little sign of improving. The number of unemployed persons is estimated at 212 m...
The proportion of older persons in the world will double by 2050
( Department of Economic and Social Affairs, United Nations , 2009)
This report provides a description of global trends in population ageing and includes a series of indicators of the ageing process by development regions, major areas, regions and countries. This edit...
The financial crisis and pensions - the real crisis is yet to come
( World Bank , 2010)
The financial crisis has had significant impacts on pension systems in the Europe and Central Asia region (ECA),  tempting governments to make policy changes in response to the increased pension ...
Pension policy and how to restrain the over-fast growth of capital assets investment in China
( Z. Yang / Munich Personal RePEc Archive , 2009)
This paper investigates the urban public pension in China, and examines the effects of the replacement rates and population growth rate on the capital-labour ratio, pension benefits, consumption and u...
A simple and cost-effective pension system in that could be scaled up to national level
( C. Knox / HelpAge International , 2009)
The Government of Zambia, via its Ministry of Community Development and Social Services (MCDSS), has been running a set of pilot cash transfers to test which could best form the basis of a national so...
Country Policy and Institutional Assessment (CPIA) as an aid criterion
( J. Müller-Goldenstedt / International Cooperation for Development and Solidarity , 2009)
This paper analyses the use of the World Bank’s Country Policy and Institutional Assessment (CPIA) rankings by bilateral and multilateral donors in their aid allocation and other related decisio...
The example of a universal social pension in Zanzibar could become a model for other countries in East Africa
( A. Pearson / HelpAge International , 2009)
Zanzibar runs a system of contributory pensions (the ZSSF) covering those employed in the public and formal sectors.  But overall, only about 40 per cent of older people receive any form of cash ...
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