Pensions, Savings and Capital Flows [electronic resource] : From Ageing to Emerging Markets
Publishing, OECD.
Centre, OECD Development.
Paris : Organisation for Economic Co-operation and Development,
2000.
This books explores the international aspects of pension reform, private savings and volatile capital markets and clarifies how they relate to each other. Building the case for the pension-improving benefits of global asset diversification, analysing the implications of financial reform for stimulating savings, and exploring both the benefits and risks of global capital flows to emerging markets, Pensions, Savings and Capital Flows will inform policy and academic debates on financial globalisation.
Description based upon print version of record.
CONTENTS; List of Figures and Tables; Preface; PART 1 PENSION INVESTMENT; 1. Pension Fund Investment: From Ageing to Emerging Markets; 2. Pension Funds, Capital Controls and Macroeconomic Stability; 3. Liberalizing Foreign Investments by Pension Funds: Positive and Normative Aspects; 4. The Economics of Global Pension Flows; PART 2 SAVINGS; 5. Developing-country Savings and the Global Capital Shortage; 6. Promoting Savings in Latin America: Some Insights; 7. Do Funded Pensions Contribute to Higher Aggregate Savings? A Cross-country Analysis; 8. The Limits of Foreign Savings
PART 3 CAPITAL FLOWS9. Managing Volatile Capital Inflows: The Experience of the 1990s; 10. Emerging-market Risk and Sovereign Credit Ratings; 11. Domestic Causes of Currency Crises: Policy Lessons for Crisis Avoidance; 12. After the Great Asian Slump: Towards a Coherent Approach to Global Capital Flows; Index
This books explores the international aspects of pension reform, private savings and volatile capital markets and clarifies how they relate to each other. Building the case for the pension-improving benefits of global asset diversification, analysing the implications of financial reform for stimulating savings, and exploring both the benefits and risks of global capital flows to emerging markets, Pensions, Savings and Capital Flows will inform policy and academic debates on financial globalisation.
Capital market.
Old age pensions -- Finance.
Pension trusts -- Investments.
Saving and investment.
Business & Economics
Labor & Workers' Economics