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Can the Eastern Caribbean Currency Union afford to grow old? /
The demographic transition in the Eastern Caribbean Currency Union (ECCU) now underway is rapid compared with international experience, and emigration is playing a particularly large role. This paper describes and quantifies several factors which could magnify the challenge of pension reform. First,...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Autor Corporativo: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
[Washington, D.C.] :
International Monetary Fund,
©2009.
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| Colección: | IMF working paper ;
WP/09/38. |
| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | The demographic transition in the Eastern Caribbean Currency Union (ECCU) now underway is rapid compared with international experience, and emigration is playing a particularly large role. This paper describes and quantifies several factors which could magnify the challenge of pension reform. First, for some ECCU countries, continued emigration at historical rates would considerably advance the projected date at which pension scheme assets are depleted. Second, there is a significant risk that assets will underperform, given the large exposures to the highly-leveraged public sector and to a le. |
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| Notas: | At head of title: Western Hemisphere Department. "March 2009." |
| Descripción Física: | 1 online resource (1 electronic resource (13 pages)) : color illustrations |
| Bibliografía: | Includes bibliographical references (pages 12-13). |
| ISBN: | 1462385044 9781462385041 1452775303 9781452775302 1282842609 9781282842601 9786612842603 6612842601 1451871864 9781451871869 |