The full report on which this Quick Note is based argues that Middle East and North Africa's (MENA's) financial systems contributed significantly to these unsatisfactory outcomes by failing to provide...
This book examines recent changes in the landscape of retirement products and annuity markets in five countries. All the selected countries (Australia, Chile, Denmark, Sweden, and Switzerland) have mandatory...
In Middle East and North Africa (MENA), state banks played a less important role in the recovery as compared to several countries in Latin America and South Asia, as well as China, where state banks played...
This paper studies the extent of bank competition in the Middle East and Northern Africa region during 1994-2008, using non-structural measures of competition such as the H-statistic and the Lerner index...
Risk-based supervision of pension funds grew out of a project that was jointly conducted by the World Bank and the International Organization of Pension Supervisors (IOPS). The project was initiated in...
Empirical analysis of annuities markets have been limited to a few developed countries and restricted by data limitations. Chile provides excellent conditions for research on annuities due to the depth...
The purpose of the paper is to review the structure and performance of the Czech pension system and examine alternative reform options. The paper shows that in the absence of reform the deficits of the...
The main objective of this paper is to review the regulatory framework for pension funds, and examine whether there is scope for improvements in pension regulation, particularly in light of regulatory...
After discussing the evolution of the policy dialogue in Hungary, this report broadly describes the reform of the pay-as-you-go public pension system and its partial privatization as legislated in July...
After discussing the evolution of the policy dialogue in Hungary, this report broadly describes the reform of the pay-as-you-go public pension system and its partial privatization as legislated in July...
World Bank efforts in Bosnia--conflict-solving through reconstruction (Michel Noel and Richard Hirschler). Sarajevo--a close-up: impressions from a tormented city ( Richard Hirschler). Wage convergence...
Policy-makers in developing countries who try to reduce external debt are engaged in a complicated balancing act. Domestic spending programs could be curtailed to free up funds for the repayment of debt...
The contents of this socialist economies in transition newsletter include: stabilization efforts in Poland and Yugoslavia - early lessons; study on the Soviet Union - interview with John Holaen; convertibility...