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CAIRO BOOKS's Description
The past decade has brought an increasing recognition to the importance of
pension systems to the economic stability of nations and the security of their
aging populations. During this time, the World Bank has taken a leading role in
addressing this challenge through its support for pension reforms around the
world. Old-Age Income Support in the 21st Century attempts to explain current
policy thinking and update the World Bank¡¦s perspective on pension reform. The
Bank has been involved in pension reforms in nearly 60 countries, and the
demand for its support continues to grow. This book incorporates lessons
learned from recent Bank experiences and research that have significantly
increased knowledge and insight regarding how best to proceed in the future.
The book has a comprehensive introduction and two main parts. Part I presents
the conceptual underpinnings for the Bank¡¦s thinking on pension systems and
reforms, including structure of Bank lending in this area. Part II highlights
key design and implementation issues where it signals areas of confidence and
areas for further research and experience, and includes a section on regional
reform experiences, including Latin American and Europe and Central Asia. This
book will be of interest to Bank clients, the international community, and
anyone interested in pension systems and reform.