Publication: Strengthening Caribbean Pensions : Improving Equity and Sustainability
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2010-03-03
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2010-03-03
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This report aims to provide additional insights to existing analyses of public pension and social security schemes in the Caribbean. Such analyses have been undertaken with the support of the Inter-American Development Bank, the Caribbean Development Bank, the Canadian International Development Agency, the Economic Commission for Latin America, and the Caribbean and the International Social Security Association. By making cross-country comparisons within the region and across the world, this report will review fiscal vulnerability, sustainability, labor market efficiency, migration, financial market development, and other pension-related areas. Finally, governance and investment management should be strengthened by: (i) strengthening the governance structure, including authority and accountability of Board members; (ii) improving governance mechanisms with the assistance of external oversight and improved information disclosure; (iii) introducing codes of conduct for the governing body and management; and (iv) introducing a number of measures to strengthen the investment policies, investment strategy, asset allocation, and performance evaluation.
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“World Bank. 2010. Strengthening Caribbean Pensions : Improving Equity and Sustainability. © World Bank. http://hdl.handle.net/10986/2847 License: CC BY 3.0 IGO.”
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