By World Bank
"Early retirement and lax eligibility for incapacity are undesirable for the economic climate simply because they lessen exertions productiveness and the provision of skilled employees, and they're undesirable for the method simply because they impose a heavy monetary burden that makes it nonsustainable." Costa Rica is at a turning element with recognize to its social safeguard method. whereas part the workforce is roofed and beneficiaries have fared good some time past, the pay-as-you-go (PAYG) pension procedure is unsustainable for the longer term. This ebook describes the current pension procedure, its shortcomings, and defends the necessity for pressing reform. It additionally makes tips on tips on how to reform the process, what can be replaced first, and precisely what components of the pension procedure may be transformed.
Read or Download Costa Rica, a pension reform strategy PDF
Similar strategy books
There are various books on technique. the categorical goal of this publication is to provide a concise and transportable advisor to the fundamental parts of winning technique, that are built extra absolutely in approach: A step-by-step method of the improvement and Presentation of global category company approach via Mark Daniell.
Publication Date: December 1, 2014
The ultimate days of worldwide struggle took a devastating toll at the German excessive command.
But some of Hitler's generals survived.
In this attention-grabbing publication, first released within the Nineteen Fifties, the German generals who survived Hitler’s Reich talk about global struggle II with Captain B. H. Liddell Hart, the famous British army strategist and author.
They converse as expert squaddies to a guy they understand and recognize.
For the 1st time, solutions are printed to many questions raised throughout the struggle.
Was Hitler the genius of technique he first and foremost?
Why did his Generals by no means overthrow him?
Why did Hitler enable the Dunkirk evacuation?
What used to be the German Generals’ opinion of the pink military as a combating strength?
What did the Russians seem like from the German aspect?
How have been the British appeared?
And what are the benefits and drawbacks lower than which dictator-controlled armies struggle?
In brilliant, non-technical language, Capt. Liddell Hart reviews those interviews and evaluates the very important army classes of global warfare II.
“A compelling view of Hitler’s war” – Mail on Sunday
“Liddell Hart's ebook is a research of significant value and curiosity, integral to an individual who desires to recognize what quite went on in the course of international warfare II. ” – Hansen W. Baldwin, the recent York instances
“He (Liddell Hart) was once the main outstanding army philosopher in Britain, if no longer certainly on the planet; the intimate of distinct politicians; respectfully deferred to by means of the army leaders yet with an viewers that prolonged some distance past the military” – Michael Howard, Emeritus Professor of recent background, collage of Oxford
“…a impressive and unique author at the wars of the 20th century” – Observer
“I have seldom came across whatever Liddell Hart wrote below intensely readable. ” – Max Hastings
“a historian of serious rank” – The Economist
Captain B. H. Liddell Hart (1895-1970) used to be an historian who made army heritage and idea fascinating and comprehensible to the overall reader. He was once army author for numerous London newspapers, in addition to army Editor of the ‘Encyclopaedia Britannica’. He was once knighted in 1966.
Endeavour Press is the UK’s prime self reliant writer of electronic books.
This can be a new exam of the politics of procedure and the historical past to them in the course of Churchill's first 12 months as Britain's wartime chief. It attracts greatly either on respectable documents and at the inner most papers of a number of the political and armed forces leaders. one of the person themes thought of and reinterpreted are Churchill's relatives with Chamberlain and the Conservative celebration, the political repercussions of the autumn of France and the conflict of england, and the emergence of a method for the center East and Greece that may impact the postwar cost of Europe.
Towards a brand new procedure for improvement: A Rothko Chapel Colloquium is a suite of papers commissioned through the Rothko Chapel and awarded at a colloquium held in Houston, Texas on February 3-5, 1977. The colloquium supplied a discussion board for discussing the necessity for a brand new process for improvement, with emphasis on wishes and courses from the views of the built international locations on the heart of the world's economic climate and of the constructing international locations at its outer edge, and from the perspective of other disciplines.
- From Business Strategy to Information Technology Roadmap: A Practical Guide for Executives and Board Members
- U.s. Ballistic Missile Capabilities in Europe: Background and Implementation
- American Civil War Guerrilla Tactics
- A Perinatal Strategy For Preventing Adult Disease: The Role Of Long-Chain Polyunsaturated Fatty Acids
- The Book of Five Rings
Extra info for Costa Rica, a pension reform strategy
One might expect opposition to reduced benefits, increased retirement age, international investment and management. However, it is important to Page xiii realize that pensioners and older workers, who often oppose reform, do not lose in this proposal, nor do low income workers lose. The total pension for the full career worker does not fall much either, because the build-up of the second pillar largely offsets the drop in replacement rate from the public pillar. Young workers lose relative to the status quo, but this is not sustainable so it is not a feasible option.
Often workers evade their contributions but still manage to collect benefits, thereby increasing the nonsustainability of the system. Figure 4. Informal Sector as a Share of Labor Force, Selected Latin American Countries, (1990/1995) Souce: ILO Panorama Laboral 1996 Evasion is generally high in economies characterized by many small enterprises, so these numbers are not surprising. But evasion in Costa Rica is exacerbated by certain features of the social security system that could be changed, such as the absence of a transparent link between contributions made and benefits received; inadequate collection and inspection mechanisms; a failure to treat evasion as a tax crime; and poor information systems.
Portability (Transferibilidad) the ability to transfer accrued pension rights between plans. Provident fund (Fondo de previsión) a fully funded, defined contribution scheme in which funds are managed by the public sector. Replacement rate (Porcentaje de reemplazo) the value of a pension as a proportion of a worker's wage during some base period, such as the last year or two before retirement or the entire lifetime average wage. It also denotes the average pension of a group of pensioners as a proportion of the average wage of the group.