May 2019

20May

México. En pensiones, fondos privados deben complementarse con públicos: OIT

Lee también- México. Éstas son las Afore con mayor rendimiento- México. Las afores con mayores pérdidas de cuentas de ahorro al cierre de abril, según la Consar Los sistemas de pensiones que sólo están basados en fondos privados de retiro, como las administradoras de fondos para el retiro (afores), magnifican la desigualdad entre los trabajadores y desfavorecen especialmente a las mujeres, indicó Helmut Schwarzer, especialista principal en Protección Social y Desarrollo Económico de la Organización Internacional del Trabajo (OIT). “El...

May 20, 2019
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20May

Chile. No hemos podido cuadrar los números de “No+AFP”: Ministro de Trabajo

El ministro del Trabajo, Nicolás Monckeberg (RN), restó viabilidad a la propuesta de la coordinadora "No+AFP" para terminar con las actuales administradoras privadas, instalar un esquema de reparto y, supuestamente, duplicar las pensiones de inmediato. Entrevistado por Las Últimas Noticias, el secretario de Estado aseguró haberse "juntado varias veces con No+AFP", y dijo que no pone "en duda las buenas intenciones que ellos tengan con sus propuestas". Sin embargo, "hasta la fecha no hemos podido cuadrar los números de...

May 20, 2019
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20May

UK. FCA investigates 30 pension advisers

The Financial Conduct Authority is currently investigating 30 unnamed individuals and firms for poor pension transfer advice and scams, according to Labour MP Nick Smith. The information was revealed by Economic secretary to the Treasury John Glen, who responded to a letter from the Blaenau Gwent MP, who asked for information on what action the regulator has taken against rogue advisers. Mr Glen also revealed that enforcement action has been taken against 15 businesses and individuals for "pensions misconduct"...

May 20, 2019
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20May

US. Is Our Health Care Spending Worth It?

Many people know by now that the United States spends much more on health care than any other country, and that health outcomes are not a lot better (and in many instances worse). That raises the question: Is our health care spending actually worth it? It’s tricky to figure out the extent of the roles that the environment, genetics and social support play in improving health. Nevertheless, the best evidence tells us that health care is still very valuable,...

May 20, 2019
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20May

Three economic myths about aging

Population ageing due to longevity is one of the greatest successes of the modern era. However, it is widely thought to dramatically reduce workforce participation and overall output resulting in significant economic costs. This widely held view is wrong. Ageing countries have higher economic growth and the improved health and longevity of older people increases their economic contributions. High immigration is also thought to combat population ageing and be a remedy for these non-existent costs of ageing. This is...

May 20, 2019
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17May

Pakistan at Seventy: A Handbook on Developments in Economics, Politics and Society

por Shahid Javed Burki, Iftekhar Ahmed Chowdhury, Asad Ejaz Butt This handbook examines Pakistan's 70-year history from a number of different perspectives. When Pakistan was born, it did not have a capital, a functioning government or a central bank. The country lacked a skilled workforce. While the state was in the process of being established, eight million Muslim refugees arrived from India, who had to be absorbed into a population of 24 million people. However, within 15 years,...

May 17, 2019
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17May

Selfies for Portugal- An innovative Pan European Retirement Solution

By Robert C. Merton, Arun Muralidhar, Rui Seybert P Ferreira With a rapidly aging population, Portugal faces some serious pension challenges including a Social Security system which is under pressure, and pension benefits gradually approaching levels that will require individuals to supplement Social Security with private savings. In addition, Portugal has a low rate of financial literacy and hence transferring the responsibility of retirement planning to the general population runs a major risk of many individuals retiring poor. While some...

May 17, 2019
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17May

Informality, Labor Regulation, and the Business Cycle

By Gustavo Leyva, Carlos Urrutia We analyze the joint impact of employment protection and informality on macroeconomic volatility and the propagation of shocks in emerging economies. For this, we propose a small open economy business cycle model with frictional labor markets, labor regulation, and an informal sector, modeled as self-employment. The model is calibrated to the Mexican economy, in particular to business cycle moments for employment and informality obtained from our own calculations with the ENOE survey for the...

May 17, 2019
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17May

Colombia. Gobierno busca propuestas de los ciudadanos para mejorar protección a la vejez

Actualmente se cocina una reforma que permitirá, según el Ministerio de trabajo, ofrecer una mejor protección a la población en edad de jubilación. Con el fin de refinar la propuesta final, se quiere que la ciudadanía participe, por medio de una página web, aportando ideas, o manifestando sus inconformidades. Se espera que para diciembre del presente año se radique ante el Congreso un proyecto que permita mejorar la protección a la vejez. Cifras manejadas por el Ministerio de Trabajo...

May 17, 2019
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17May

Argentina. Inflación y poder adquisitivo En 12 meses, las jubilaciones y el salario mínimo perdieron entre el 12 y el 15%

Las jubilaciones y pensiones y el salario mínimo acumulan en los últimos 12 meses una pérdida real de entre el 12,8 y 15,5%. El salario mínimo, vital y móvil es de $ 12.500 para los mensualizados y de $ 62,50 la hora para los jornalizados. Un año atrás, esos valores eran de $ 9.500 y $ 47,50 la hora. Representa un aumento del 31,6% frente a una inflación interanual del 55,8%. Descontando la suba de precios, representa una caída...

May 17, 2019
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