Pension Reform and Macroeconomic Stability in Latin America

Pension Reform and Macroeconomic Stability in Latin America
This paper reviews macroeconomic aspects of pension reforms in Latin America, focusing on financial market stability and fiscal sustainability. Concentration of pension fund portfolios in government bonds remains high, and the lack of new investment alternatives has distorted asset prices. Countries have gradually liberalized investments abroad,... READ MORE...

Publication date: May 2007
ISBN 9781451866728
$18.00

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