Enabling conditions for second pillars of pension systems
By: Heinz Rudolph, Roberto Rocha.
Contributors: Rocha, Roberto Mauro Gurgel.; World Bank.
Series: Policy research working paper -- 4890; Policy research working papers (Online) -- 4890.
Publisher: World Bank
Published: 2009
Place of publication: [Washington, D.C
Language: eng
Format: Electronic resource
Subjects: Banks and banking; Pension trusts
Description: "This note adds to the existing literature by examining the enabling conditions for the creation of mandatory funded pension funds, and identifying additional factors that are important to consider in the early stages of the reform.  The note stresses the importance of some factors that had already been identified in previous literature but not fully observed by reforming countries, including the strong and lasting commitment of the authorities with the reform, the fiscal commitment with the reform, and some basic financial infrastructure.  The analysis is also extended to analyze the role of supervision in the early stages of the reform and the role of the government in fostering the development of the domestic capital market. "--World Bank web site.
Notes: Title from PDF file as viewed on 5/7/2009.

Includes bibliographical references.

Also available in print.

System requirements: Adobe Acrobat Reader.

Mode of access: World Wide Web.