admin, Author at Pension Policy International

09SepSeptember 9, 2019

México. Lanza CONSAR herramienta para ahorrar mientras compras

Una de las prioridades de la presente administración, en particular de la Secretaría de Hacienda y Crédito Público (SHCP) ha sido la de promover el Ahorro Voluntario de los mexicanos a fin de que puedan aspirar a mayores recursos cuando sean personas mayores. La CONSAR incorpora en la aplicación AforeMóvil el nuevo programa GanAhorro bajo el lema “¡Ahorrar ya no te cuesta!”, donde a través del consumo de productos y servicios, los trabajadores podrán ahorrar en su cuenta AFORE...

September 9, 2019

Noticias2019, Ahorro, Ciencias del Comportamiento, Mexico, Tecnología

09SepSeptember 9, 2019

European stocks cautious as investors eye Brexit battle and stimulus hopes

European stocks traded mixed Monday afternoon as investors monitor ongoing political chaos in the U.K. and cautious hopes for policy stimulus from the world’s major economies after a series of weak data releases. The pan-European Stoxx 600 hovered just below the flatline, auto stocks adding 1.6% to lead gains while the food and beverage sector slid 1%. British newspaper the Daily Telegraph reported late on Sunday that Prime Minister Boris Johnson has prepared a legal strategy to counter opposition...

September 9, 2019

News, Slider2019, EU, Investment, Risk

09SepSeptember 9, 2019

$200 trillion in global debt at risk if trust falters: OECD

The Organisation for Economic Co-operation and Development (OECD) has warned almost $200 trillion in public and private debt could be the catalyst for another global economic crisis if trust in government and financial institutions deteriorates. In a report overseen by former Australian Securities and Investments Commission chief Greg Medcraft, the OECD also said the destruction of trust following the global financial crisis (GFC) had contributed to the rise of crypto-currencies, which themselves were exacerbating the globe's economic risks. The...

September 9, 2019

News, Slider2019, Adequacy, Pension design, Saving

09SepSeptember 9, 2019

Canada Pension Plan Investment Board Invests in India-Based Logistics Provider Delhivery Pvt Ltd

Canada Pension Plan Investment Board (CPPIB) has invested US$115 million in Delhivery Pvt Ltd, broadening its exposure to the logistics sector in India. Delhivery, one of India's leading third-party logistics providers, operates in more than 2,000 cities (more than 17,500 pincodes) offering a full range of supply chain services. "The continued strong growth of e-commerce has generated significant opportunities in India's express logistics space for long-term investors such as CPPIB, and we are pleased to partner with a...

September 9, 2019

News, Slider2019, Canada, Investing

09SepSeptember 9, 2019

UK. Are we away with the fairies on our pension expectations?

WOULD you like a job that pays £1.3 million a year? That is just the average expected salary among children aged eight to 15, when they get their first job, according to a new survey by Halifax. It's equal to nearly 38 times the average wage in the UK this year, proving that, unfortunately, our children are away with the fairies. They also believe that schoolteachers, firefighters and postmen are earning well over £100,000 a year. Wouldn't we all...

September 9, 2019

News, Slider2019, Adequacy, Pension design, Saving, UK

08SepSeptember 8, 2019

Amber Rudd quits cabinet and attacks PM for ‘political vandalism’

Boris Johnson’s government was in danger of imploding on Saturday night as the work and pensions secretary, Amber Rudd, quit the cabinet and resigned the Conservative whip, saying she could not stand by while “loyal, moderate MPs” were purged from the party. Rudd told Johnson she had joined his cabinet “in good faith accepting that no deal had to be on the table”. She added: “However, I no longer believe leaving with a deal is the government’s main objective.” While she could...

September 8, 2019

News, SliderUK

06SepSeptember 6, 2019

The Social Protection Indicator for Asia: Assessing Progress

By Asian Development Bank This publication provides updates on Social Protection Indicators of 24 countries in Asia, with an analysis of 2015 data on social protection programs. It shows progress in expenditure, primarily driven by social insurance and coverage between 2009 and 2015. Spending on women has improved in several countries, yet others continued to favor the nonpoor over the poor, and men over women. The Social Protection Index---now the Social Protection Indicator---was developed by the Asian Development Bank...

September 6, 2019

Books, System Sustainability2019, Asia, Poverty, Social Protection

06SepSeptember 6, 2019

Young People in the Labour Market: Past, Present, Future

By Professor Andy Furlong, Dr John Goodwin, Henrietta O'Connor, Sarah Hadfield, Stuart Hall, Kevin Lowden, Reka Plugor Levels of suffering among Levels of suffering among young people have always been much higher than governments suggest. Indeed, policies aimed at young workers have often been framed in ways that help secure conformity to a new employment landscape in which traditional securities have been progressively removed. Increasingly punitive welfare regimes have resulted in new hardships, especially among young women and...

September 6, 2019

Books, Labor Market2019, Aging, Public Policy

06SepSeptember 6, 2019

Institutional Responses to Aging Populations and Economic Growth: A Panel Data Approach

By Patrick M. Emerson, Shawn D. Knabb, Anca-Ioana Sirbu Will an aging population lower economic growth? Economists are generally concerned that the increase in life expectancy could lower economic growth, however, theory does not make a prediction. As life expectancy increases, so should household savings, which results in more physical capital per worker. This will stimulate economic growth. However, as the retired population share increases, this may reduce spending on children as more resources are transferred to the elderly....

September 6, 2019

Aging, Articles2019, Political economy, Public Policy

06SepSeptember 6, 2019

Price Statistics Compilation in 196 Economies: The Relevance for Policy Analysis

By Francien Berry, Brian Graf, Michael Stanger, Mari Ylä-Jarkko The consumer price index (CPI) is a key economic indicator used to gauge inflation, adjust wages, pensions, and social benefits. The producer prices index (PPI) is used for forecasting and deflating GDP estimates. Both indexes are used by the Fund, policymakers, and researchers for global, regional, and domestic surveillance. In this context, the paper evaluates the soundness of the indexes by assessing four major criteria: frequency of updating the weights,...

September 6, 2019

Articles, System Sustainability2019, Public Policy

September 2019