Pensions in the Middle East and North Africa: time for change
In: Orientations in development series
In: Orientations in development series
Intro -- Contents -- Preface -- Acknowledgments -- About the Authors -- Executive Summary -- Acronyms and Abbreviations -- Glossary -- 1. Overview -- Chapter 2: Initial Conditions for Pension Reform -- Chapter 3: Taking Stock of Pension Systems in the Middle East and North Africa -- Chapter 4: A Framework for Reform -- Chapter 5: Improving the Management of Pension Funds -- Chapter 6: Progress to Date and Prospects -- 2. The Initial Conditions for Pension Reform -- Demographics -- Macroeconomics -- Overview of the Financial Sector -- Conclusions -- 3. Mandatory Pension Systems in the Middle East and North Africa -- Institutional Organization and Coverage -- Size and Shape of the Schemes -- Incentives -- Equity within and across Genders -- Pension Costs, Financial Sustainability,and Fiscal Implications -- Conclusions -- 4. General Guidelines for a Comprehensive Reform Program -- Choosing the Mandate of the Public Pension System and Implementation Mechanisms -- Bringing Current Defined-Benefit, Pay-As-You-Go Systems up to the Standard -- Benefits and Costs of Higher Funding -- Expanding Coverage to the Vulnerable and Poor: A Role for Social Pensions? -- Improving the Institutional Configuration, Administration, and Regulation of Pension Systems -- 5. Management of the Public Pension Funds -- Lessons from International Experience in Pension Fund Management -- Pension Fund Management in the Middle East and North Africa Region -- Improving the Management of Public Pension Funds: Constraints and Opportunities -- Conclusions -- 6. Progress to Date and Prospects -- Countries in the Early Stages of Reform -- Countries in Motion -- Countries Leading Pension Reform -- Conclusions -- Appendices -- A Demographic Indicators -- B Methodology for Demographic and Employment Projections -- Life Expectancy, Total Fertility Rate, and Population Projections.
In: Orientations in development series
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