Business and Economics > Insurance

You are looking at 1 - 2 of 2 items for :

  • Type: Journal Issue x
  • National Government Expenditures and Welfare Programs x
Clear All Modify Search
Mr. Alain Jousten
The present paper reviews key issues in pension design and pension reform encountered all across the world. The paper heavily refers to the recent U.S. Social Security reform debate in general and to the Personal Retirement Accounts proposal in particular. A particular emphasis is put on annuitization and risk-taking in the economy. Our discussion signals some inadequacy of the proposed measures with respect to the goals of viability of the system and individual financial security during retirement.
International Monetary Fund. External Relations Dept.
IMF Managing Director Horst Köhler traveled to Latin America on December 6-12 to offer the IMF’s support to the region, where several large countries are working hard to stabilize their economies, following Argentina’s difficulties. “At the end of the trip,” Köhler said, “I remain convinced that lessons from successes in the region can help point the way forward for other countries currently experiencing difficulties.” Köhler’s three-nation tour, which he undertook at the invitation of the presidents of Brazil, Colombia, and Chile, was his second visit to Latin America since he took over the reins at the IMF in May 2000.