Coverart for item
The Resource The inverting pyramid : pension systems facing demographic challenges in Europe and Central Asia, Anita M. Schwarz ... [and others]

The inverting pyramid : pension systems facing demographic challenges in Europe and Central Asia, Anita M. Schwarz ... [and others]

Label
The inverting pyramid : pension systems facing demographic challenges in Europe and Central Asia
Title
The inverting pyramid
Title remainder
pension systems facing demographic challenges in Europe and Central Asia
Statement of responsibility
Anita M. Schwarz ... [and others]
Creator
Contributor
Author
Subject
Language
eng
Summary
"Pension systems in Europe and Central Asia are facing unprecedented demographic change. While many of the countries in the region have undertaken reforms when the economy faces difficult times, these reforms are frequently reversed when the economy improves. The demographic challenges that the region faces require a sustained effort toward changing the pension system toward something which provides adequate and sustainable benefits. The book documents the increased generosity of pension systems in Europe from their initial inception, noting that the current expectations of the public are based on the most recent round of generosity. The book seeks to show a nontechnical audience that such generosity is neither based on customary practice nor affordable in the future. The increased generosity in the past was only possible because the demographic pyramid was expanding, but as it inverts with fewer young people and more elderly, that generosity will no longer be affordable. Returning to the pension system of the 1970's will go a long way toward providing adequate and sustainable benefits in the future. Moving to a more sustainable system will require reforms to labor markets, improvements in savings mechanisms, and may require additional public resources. The extent to which a country can undertake reforms in labor markets, savings, and public finances can influence the extent to which its pension system will have to change, with different solutions possible for different countries. But in all cases, the changes that need to be made have to be widely discussed and publicly accepted to prevent reversals. The book hopes to stimulate widespread public discussion of the issue to help countries make sustainable choices with gradual implementation, before they face such daunting challenges that they have to undertake sudden, harsh measures.".--
Member of
Assigning source
Provided by publisher
Cataloging source
DLC
http://library.link/vocab/creatorDate
1957-
http://library.link/vocab/creatorName
Schwarz, Anita Mahesh
Dewey number
331.252
Illustrations
illustrations
Index
no index present
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/relatedWorkOrContributorName
  • Arias, Omar S.
  • Zviniene, Asta
  • Rudolph, Heinz P.
  • Eckardt, Sebastian
  • Koettl, Johannes
  • Immervoll, Herwig
  • Abels, Miglena
Series statement
Europe and Central Asia reports
http://library.link/vocab/subjectName
  • Pensions
  • Pensions
  • Europe
  • Asia, Central
Label
The inverting pyramid : pension systems facing demographic challenges in Europe and Central Asia, Anita M. Schwarz ... [and others]
Instantiates
Publication
Bibliography note
Includes bibliographical references
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier.
Content category
text
Content type code
txt
Content type MARC source
rdacontent.
Contents
Executive summary -- The inverting pyramid -- The evolution of public pension programs -- Have the pension reforms to date been enough? -- The role of savings in the provision of retirement income -- Financing pensions in Europe and Central Asia -- Working more, longer, and more productively -- Lessons from two decades of pension reform and policy solutions for the future
Control code
FIEb17531056
Dimensions
24 cm.
Extent
xxii, 276 pages
Isbn
9780821399095
Media category
unmediated
Media MARC source
rdamedia.
Media type code
n
Other physical details
color illustrations
System control number
(OCoLC)1065553847
Label
The inverting pyramid : pension systems facing demographic challenges in Europe and Central Asia, Anita M. Schwarz ... [and others]
Publication
Bibliography note
Includes bibliographical references
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier.
Content category
text
Content type code
txt
Content type MARC source
rdacontent.
Contents
Executive summary -- The inverting pyramid -- The evolution of public pension programs -- Have the pension reforms to date been enough? -- The role of savings in the provision of retirement income -- Financing pensions in Europe and Central Asia -- Working more, longer, and more productively -- Lessons from two decades of pension reform and policy solutions for the future
Control code
FIEb17531056
Dimensions
24 cm.
Extent
xxii, 276 pages
Isbn
9780821399095
Media category
unmediated
Media MARC source
rdamedia.
Media type code
n
Other physical details
color illustrations
System control number
(OCoLC)1065553847

Library Locations

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      43.803074 11.283055
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