Title: Pension reform and capital market development
First published: 2000
Description: Private pension funds are neither necessary nor sufficient for capital market development. But if they are subject to conducive regulations, adopt optimizing policies, and operate in a pluralistic structure, they can have a large impact on capital market modernization and development once they reach a critical mass.
Subjects: Pension trusts, Capital market
Places: Europe, Latin America
LC classification: HG3881.5.W57