By Robert Holzmann
Inhabitants getting older is anticipated to impact the functionality of economic markets in built and rising economies at a time while ever extra nations are counting on funded provisions for previous age source of revenue help. This learn investigates the demanding situations confronted by way of those former transition international locations within the context of overseas event from the OECD and Latin the United States. The overarching end of this research is that those demanding situations may be addressed yet addressing them would require made up our minds coverage activities to accomplish monetary marketplace improvement and to advertise monetary literacy via schooling.
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Additional info for Aging Population, Pension Funds, and Financial Markets: Regional Perspectives and Global Challenges for Central, Eastern and Southern Europe (Directions in Development)
Of greater concern, all three received a red flag for one indicator deemed to be of high importance—Poland, for transactional security; Hungary, for governance; and Croatia, for stock market volume. 1 Readiness Indicator Scores at Reform and Five Years Later, Five CESE Countries normalized total score (percent) 100 90 3/3 3/2 3/1 2/2 3/1 3/3 3/1 80 5/2 6/3 8/8 70 60 50 Bulgaria Croatia Hungary Poland Slovak Republic score in year of reform score five years after reform or in 2006 X = total “red” indicators Y = total “red” indicators in highly important areas Source: Authors’ estimates (see the appendix).
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Competition and Performance in the Polish Second Pillar. World Bank Working Paper 107. Washington, DC: World Bank. ———. 2007b. ” Draft, World Bank, Washington, DC. Schwarz, Anita. 2007. ” In Fiscal Policy and Economic Growth: Lessons for Eastern Europe and Central Asia, ed. Cheryl Gray, Tracey Lane, and Aristomene Varoudakis. Washington, DC: World Bank. Vittas, Dimitri. 1998. ” Policy Research Working Paper 2032, World Bank, Washington, DC. ———. 1999. ” Policy Research Working Paper 2414, World Bank, Washington, DC.