Latin America Archives - Page 4 of 12 - Pension Policy International

06MarMarch 6, 2023

Why Latin nations pay lifetime pensions to their former presidents

A question runs through Latin America and creates controversy: Should presidents who leave office receive special pensions for the rest of their lives? In recent months, there have been requests from legislators in the countries of Argentina, Ecuador or Costa Rica to remove life pensions for former heads of state, as Mexico previously revealed how much they cost. This type of payment has existed in other parts of the world and in Latin America for decades, not only to compensate presidents...

March 6, 2023

NewsLatin America, Public Pensions

13JanJanuary 13, 2023

Towards construction of comprehensive care systems in Latin America and the Caribbean: ELEMENTS FOR IMPLEMENTATION

By ECLAC The Latin American and Caribbean region is experiencing an unprecedented economic and social crisis. The effects of the coronavirus disease (COVID-19) pandemic have spread to all spheres of human life, hurting economies, changing the way we interact, and causing extensive societal changes. The crisis has highlighted and exacerbated structural gaps, deepening pre-existing inequalities and exposing the vulnerabilities of political, economic, and social protection systems. The onset of the crisis magnified the structural challenges of gender inequality, reversing much...

January 13, 2023

Aging, Books, Books2021, Healthcare, Latin America, Social Protection

23DecDecember 23, 2022

ILO warns: 34.5% of over 65s have no income in Latin America and the Caribbean

The International Labor Organization (ILO) on Thursday warned about elderly people's issues in Latin America regarding labor income and pensions. The report indicates that 34.5 percent of people over 65 years of age in that region do not receive wages or pensions, a higher percentage than before the Covid-19 pandemic, when this indicator was at 31.9 percent. This is one of the main conclusions of the report on social protection in Latin America and the Caribbean, drafted by ILO. According to the...

December 23, 2022

NewsAging, Coverage, Income, Latin America

21OctOctober 21, 2022

The politics and economics of pension privatization in latin america

By Raúl Madrir This research note seeks to explain 'lvhya large nUl11ber of Latin Atnerican countries have privatized their pension systel11s in recent years. It argues that the privatization schelnes are a response to the severe capital shortages that have plagued their countries intennittently in recent years rather than to the financial problelns facing son1e of the pension systelns. The likelihood of pension privatization, 1 argue, is determined in large part by the vulnerability of countries to capital shortages as...

October 21, 2022

Articles, System Characterization2022, Latin America, Political economy, Private Pensions, Social Protection

15SepSeptember 15, 2022

Three Ways to Fix Latin America’s Public Finances

A former finance minister of Paraguay argues that feasible reforms can yield important results. Governments in Latin America and the Caribbean are facing a perfect storm of economic and social conditions as they seek to accelerate their post-pandemic recovery. Vulnerable communities need more help in the face of rising inequality and poverty. Health, education and other services need more resources. Governments must find a way to grow equitably and sustainably amid rising inflation, weaker world demand and high debt levels. The...

September 15, 2022

NewsInformal Sector, Labor Market, Latin America, Taxation

10MarMarch 10, 2022

Report on the economic impact of coronavirus disease (COVID-19) on Latin America and the Caribbean

By ECLAC On 26 March 2020, the Government of Mexico convened a virtual ministerial meeting on health affairs for response and follow-up to the COVID-19 pandemic in Latin America and the Caribbean, which was attended by foreign ministers and health representatives from 30 countries of the Community of Latin American and Caribbean States (CELAC), as well as regional organizations. As a result of the meeting, CELAC formed a strategic alliance with the Economic Commission for Latin America and the Caribbean (ECLAC)...

March 10, 2022

Books, System Sustainability2020, COVID-19, Labor Market, Latin America, Political economy

10FebFebruary 10, 2022

Latin America lags on decarbonization financing, report says

Decarbonization efforts in Latin America are being held back by lack of policy and private sector financing, according to a report released Wednesday by Janus Henderson Investors. Read also UK. Force pension funds to align with net zero goal, says Richard Curtis The Janus Henderson Latin America Decarbonization Report found that climate bond issuance in Latin America, at $45 billion in 12 countries at the end of 2021, is relatively small compared to the size of the region and to the...

February 10, 2022

News, Slider2022, Climate crisis, Investment, Latin America

23DecDecember 23, 2021

The impact of non-contributory cash transfers on poverty in Latin America

By Simone Cecchini, Pablo Villatoro & Xavier Mancero This article assesses the impact of conditional cash transfers, social pensions and other non-contributory transfers on different indicators of poverty and extreme poverty in Latin America, based on an analysis of household surveys from 15 countries in the region between 2014 and 2017. It is found that in 2017, the combined effect of non-contributory social protection programmes reduced simple regional averages for poverty by 2.0 percentage points and for extreme poverty by...

December 23, 2021

Articles, System Sustainability2021, Income, Latin America, Social Security

01DecDecember 1, 2021

Latin America and the Caribbean is ageing rapidly, however the projections may be better than expected

The region is projected to experience a rapid change in its population’s age structure. The proportion of citizens older than 65 will more than double in the next three decades. However, rethinking ageing in terms of health is crucial to inform public policy, argue Diego Wachs (LSE) and Andres Roman Urrestarazu (Stanford University). Read also Private pension plans in Latin America and sustainable finance Latin America and the Caribbean will experience a rapid change in their population structure over the next...

December 1, 2021

News, Slider2021, Aging, Healthcare, Labor Market, Latin America

09SepSeptember 9, 2021

Private pension plans in Latin America and sustainable finance

The private pension plan (PPP) market in Latin America is the region’s largest institutional client segment, with more than USD 900 billion in assets under management (AUM) at the end of 2020. And with projections forecasting AUM to reach USD 1.4 trillion by 2023, the PPPs are a reference point for smaller investors. Along with sovereign wealth funds (SWF), Latin America’s PPPs control a significant share of assets relative to GDP and thus can be very influential in the...

September 9, 2021

News, Slider2021, ESG, Latin America, Private Pensions, Social Protection

March 2023

Why Latin nations pay lifetime pensions to their former presidents

January 2023

December 2022

ILO warns: 34.5% of over 65s have no income in Latin America and the Caribbean

October 2022

September 2022

Three Ways to Fix Latin America’s Public Finances

March 2022

Report on the economic impact of coronavirus disease (COVID-19) on Latin America and the Caribbean

February 2022

Latin America lags on decarbonization financing, report says

December 2021

Latin America and the Caribbean is ageing rapidly, however the projections may be better than expected

September 2021