December 2019

06Dec

ESG investing to move faster in Asia

Although in its initial stages and faced with challenges, opportunities in ESG investing are rising in Asia. Thanks to a governmental push as well as growing ESG awareness and compliance among institutional investors, sustainability is quickly picking up in Asia, though challenges still exist. Featuring Christopher Hui, executive director, Financial Services Development Council; Karine Hirn, partner, chief sustainability officer, East Capital; William Ng, ESG engagement analyst, investment team, HSBC Global Asset Management; and Paul Milon, sustainability and ESG integration specialist, BNP...

December 6, 2019
News, Slider,
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06Dec

Social sustainability is the future

By Yolande Barnes I talked about writing up the conference we held on the next 100 years of real estate. To my surprise, the “mum, you’re so boring/embarrassing” teenage eye roll didn’t happen. I asked: “What do you think I should write?” I got the response: “Why don’t you write about how young people have to pay huge rents and can’t afford to get on the housing ladder?” Although this was something I had written about before, she had brought a...

December 6, 2019
News, OP Ed, Slider
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05Dec

Strike paralyses France as unions protest pension overhaul

A nationwide strike brought much of France to a standstill on Thursday as tens of thousands hit the streets to protest a pension overhaul by President Emmanuel Macron, which unions say will force millions of people to work longer or face curtailed benefits. Read also A Look at France’s Heated Debate Over Pensions Trains, metros and buses, as well as some flights, were cancelled while most schools were closed or only assuring daycare services, forcing many parents to find alternatives...

December 5, 2019
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05Dec

Chile approves lower-range pension hike amid protests

The Chilean Senate has unanimously passed a bill to gradually increase the lowest pensions in the country by up to 50 per cent amid anti-government protests. The bill had earlier been passed in the Chamber of Deputies on Tuesday, and after its passage in the Senate on Wednesday, it was now ready to be enacted as a law, reports Efe news. Read also Canadian Pensions Acquire Stake in Mexican Construction Firm The initiative was a part of the social...

December 5, 2019
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February 2017

03Feb

Poverty, Inequality, and Social Policy in Transition Economies

By Branko Milanovic What happens to poverty and income inequality during the early period of transition to a market economy? Poverty is on the rise, and income inequality widens. Better targeting of social assistance and pension reform are the necessary policy reforms. In examining what happens to poverty and income inequality during the early period of transition to a market economy, Milanovic covers the period up to 1993. His analysis includes almost all transition economies that were not affected by...

February 3, 2017
Articles, Labor Market,
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03Feb

Social Protection Floors Volume 1: Universal Schemes

By Isabel Ortiz, Valérie Schmitt & Loveleen De This volume showcases universal old-age and disability pensions as well as universal maternity and child protection schemes in developing countries like Argentina, Bolivia, Cabo Verde, China, Colombia, Lesotho, Mongolia, Rwanda, South Africa, Thailand, Timor Leste and Trinidad and Tobago. The volumes in this Ilo series present best country experiences, useful for South-South learning, for practitioners, and to provide the basis for better informed policy-making. Full Content: SSRN

February 3, 2017
Articles, Labor Market, Regulation
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03Feb

Protección Pensional a Las Personas Sin Ingresos: Un Mandato Constitucional Colombia

By Alejandro Botero This paper identifies the specific characteristics of the Colombian pension model that demonstrate its incongruence with to the constitutional rules set out for the right to pension considered as an economic, social and cultural right. Therefore, the establishment of non-contributory pillars and the elimination of subsidies to the population with incomes are proposed as a step in correcting the current problems of the General Pension System. Full Content: SSRN

February 3, 2017
Artículos, Noticias, Spanish
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03Feb

Defined ambition pensions – Have the Dutch found the golden mean for retirement savings?

By Erik Schouten & Thurstan Robinson In February 2012, the UK minister for pensions proposed that companies should perhaps be able to provide a new type of pension – Defi ned Aspiration pensions or Defi ned Ambition (DA) pensions, as they are called in the Netherlands. In this article, we take a closer look at DA pensions, examining the Dutch experiences to date with the introduction of DA pensions . We look at what DA pensions have to offer employers...

February 3, 2017
Articles, Savings, System Sustainability, ,
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03Feb

Non-contributory pensions

By Sebastian Galiani, Paul Gertler & Rosangela Bando The creation of non-contributory pension schemes is becoming increasingly common as countries struggle to reduce poverty. Drawing on data from Mexico's Adultos Mayores Program (Older Adults Program) - a cash transfer scheme aimed at rural adults over 70 years of age - we evaluate the effects of this program on the well-being of the beneficiary population. Exploiting a quasi-experimental design whereby the program relies on exogenous geographical and age cutoffs to identify...

February 3, 2017
Adequacy, Labor Market, News
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