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Competition and Performance in the Polish Second Pillar.
This paper provides an assessment of the Polish funded pension system and the quality of the regulatory framework for the accumulation phase. There are two elements that distinguish the Polish pension fund portfolios from other reforming countries: the relatively high component of domestic equity, a...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Otros Autores: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Herndon :
World Bank Publications,
2007.
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| Colección: | World Bank working paper ;
no. 107. |
| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | This paper provides an assessment of the Polish funded pension system and the quality of the regulatory framework for the accumulation phase. There are two elements that distinguish the Polish pension fund portfolios from other reforming countries: the relatively high component of domestic equity, and the negligible component on international securities. Although this asset allocation has provided relatively high real rates of return in the past, it may not be the case in the future, as further portfolio diversification to other instruments will become necessary to ensure sustainable rates of. |
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| Descripción Física: | 1 online resource (64 pages) |
| Bibliografía: | Includes bibliographical references and index. |
| ISBN: | 9780821371206 0821371207 1280940301 9781280940309 9786610940301 6610940304 |
| ISSN: | 1726-5878 ; |