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OverviewThis is the first comprehensive assessment of pension systems in the Middle East and North Africa. While other regions - Central Asia, Eastern Europe, and Latin America, in particular - have been actively introducing reforms to their pension systems, Middle East and North African countries have lagged behind. This is explained, in part, by the common belief that, because demographics remain favorable - the countries are young and the labor force is expanding rapidly - financial problems are far in the future; as a result, pension reform does not have to be a priority in the broader policy agenda. However, the authors show that aging is not the only factor behind a financial crisis; the problem is the generosity of the current schemes. Moreover, badly designed benefit formulas and eligibility conditions introduce unnecessary economic distortions and make the systems vulnerable to adverse distributional transfers. The book does not present a general model that could solve the problems of all pension systems in MENA countries. Instead the authors focus on outlining a framework for guiding discussions on pension reform and making objective policy choices. This assessment will be useful for policy makers and government officials involved in pension reform in the Middle East and North Africa region. Full Product DetailsAuthor: David A. Robalino , Edward WhitehousePublisher: World Bank Publications Imprint: World Bank Publications Dimensions: Width: 17.80cm , Height: 1.50cm , Length: 25.40cm Weight: 0.703kg ISBN: 9780821361856ISBN 10: 0821361856 Pages: 260 Publication Date: 23 May 2005 Audience: General/trade , Professional and scholarly , General , Professional & Vocational Format: Paperback Publisher's Status: Active Availability: Awaiting stock  The supplier is currently out of stock of this item. It will be ordered for you and placed on backorder. Once it does come back in stock, we will ship it out for you. Table of ContentsReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |
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