Pension reform and capital market development "feasibility" and "impact" preconditions

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...

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Bibliographic Details
Main Author: Vittas, Dimitri
Corporate Author: World Bank Development Research Group
Format: eBook
Language:English
Published: Washington, DC World Bank, Development Research Group, Finance 2000
Series:Policy research working paper
Subjects:
Online Access:
Collection: World Bank E-Library Archive - Collection details see MPG.ReNa
Description
Summary: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
Item Description:"August 2000"--Cover. - Includes bibliographical references (p. 21-22). - Title from title screen as viewed on Oct. 16, 2002