000			01831nam a2200181Ia 4500
005			20250507155003.0
008			240825s9999 xx 000 0 und d
020			_a9780821388488 _qpbk
041			_aeng
082			_a332.6 HOL
100			_aHolzmann, Robert
245		0	_aNonfinancial Defined Contribution Pension Schemes in a Changing Pension World, Volume 1 : Progress, Lessons, and Implementation _c/ Robert Holzmann; Edward Palmer & David Robalino
250			_a1st ed.
260			_cWorld Bank, Washington, 2012.
520			_aNonfinancial Defined Contribution (NDC) schemes are now in their teens. The new pension concept was born in the early 1990s, implemented from the mid-1990s in Italy, Latvia, Poland and Sweden, legislated most recently in Norway and Egypt and serves as inspiration for other reform countries. This innovative unfunded individual account scheme created high hopes at a time when the world seemed to have been locked into a stalemate between piecemeal reforms of ailing traditional defined benefit schemes and introducing pre-funded financial account schemes.The experiences and conceptual issues of NDC in its childhood were reviewed in a prior anthology (Holzmann and Palmer, 2006). This new anthology published in 2 volumes serves to review its adolescence and with the aim of contributing to a successful adulthood. Volume 1 on Lessons, Issues, Implementation includes a detailed analysis of the experience and the key policy lessons in the old and new pilot countries and general thoughts around the implementation of NDCs in other countries, including Chile, Greece and China. Volume 2 on Gender, Politics, Financial Stability includes deeper and new analyses of these issues that found limited or no attention in the 2006 publication.
650			_aFinancial economics
942			_cREF
999			_c543621 _d543621