January 2021
01Jan

Retirement Savings in Mena

By Gustavo Demarco Public pensions are important in MENA, but their role as institutional investors remains uncertain in view of the sustainability problems that pension schemes are facing due to the over generosity of their promises. In addition to the gradual loss of reserves, portfolios are not very diversified and this, in turn, reveals a low level of professional management probably com bined with an absence of autonomy in the asset allocation process. An exception to this rule is the...

January 1, 2021
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December 2020

17Dec

Bahrain chosen to launch global OECD Pensions Report for MENA region

The Organisation for Economic Co-operation and Development (OECD) will be launching its seminal OECD Pensions Outlook Report 2020 in the MENA region for the first time, from the Kingdom of Bahrain. Read also South Africa. 1 600 municipal employees’ pensions have lapsed due to ‘non-payment of pension fund contributions’ The global organization which celebrates its 60th anniversary this week is considered to be the world’s largest think-tank and research centre on pensions. Last week, the OECD Secretary-General, Angel Gurría, virtually launched...

December 17, 2020
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November 2020

27Nov

Striving for Better Jobs: The Challenge of Informality in the Middle East and North Africa

By Roberta Gatti, Diego F Angel-Urdinola, Joana Silva, András Bodor While economic growth has been sustained for a number of years in many countries in the Middle East and North Africa (MENA) region, this has not resulted in the creation of an adequate number of jobs and has succeeded, at best, in generating low-quality, informal jobs. While there is a great deal of heterogeneity across countries, informality in MENA is widespread, and some countries in the region are...

November 27, 2020
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