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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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What other regions can learn from Latin America's growth models
( L. Rojas-Suarez / Center for Global Development, USA , 2010)

Latin America seems to have fared relatively well during the recent international financial crisis, in contrast to previous financial crises episodes, in that domestic banking systems rem...

Is reallocation of labour from agriculture to non-agriculture sector the key source of China’s growth?
( L. Brandt;X. Zhu / Institute for the Study of Labor, Bonn , 2010)

There has been continued debate over the sources of China’s remarkable growth over the last three decades. This paper tries to determine and quantify the sources of China’s impressive e...

Ageing might not have much effect on economic growth if private and public sectors adjust to newly emerging societal structures

( D.E. Bloom;D. Canning;G. Fink / Harvard School of Public Health , 2010)

This article examines the nature and magnitude of population forecasts and reviews evidence on the effects of population ageing on national economic performance. Although population ageing is certa...

How eligibility rules affect access to pensions In Latin America

( A. Forteza;I. Apella;E. Fajnzylber / Social Protection and Labour, World Bank , 2010)
This paper proposes alternative methods to project pension rights and implement these methods in Chile, Uruguay and Argentina. The paper indicates that the histories of contribution required to access...
How increasing old-age pension provision impacts on retirement decisions in a poor country
( A.M. Danzer / Institute for the Study of Labor, Bonn , 2010)
Although a number of emerging countries have successfully introduced non-contributory pensions with broad coverage, very little is known about the labour market and retirement effects of pension syste...
How to build more a sustainable more sustainable pension for future generations
( D.C. John;R. Levine / Retirement Security Project, Brookings , 2010)
Americans today face precarious retirement prospects that have only been made worse by the recession that began in 2007. The US social security system will only be solvent until 2019, after which it w...
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...
How to make fiscal policy in Chile more counter-cyclical
( Organisation for Economic Co-operation and Development , 2010)
This policy brief presents the assessment and recommendations of the 2010 OECD Economic Survey of Chile. The paper notes that the global economic recession hit Chile both through a sharp deterioration...
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