Poland: Development of Capital Markets and Pension Funds

doi:10.1596/31708

Publication:
Poland: Development of Capital Markets and Pension Funds

dc.contributor.author	World Bank Group
dc.date.accessioned	2019-05-15T23:08:11Z
dc.date.available	2019-05-15T23:08:11Z
dc.date.issued	2019-03-01
dc.description.abstract	Poland’s capital markets can play a crucial supporting role to the ongoing economic development and efficient allocation of credit. Capital markets will become increasingly important to meet the long-term funding needs of strategic sectors, including large, medium and small entities. Expansion and diversification of capital market instruments and hedging tools will also be essential to provide adequate investment and risk management vehicles to much needed long-term savings. While capital market offers different sources of financing, this note focuses primarily on the fixed income markets. This technical note is structured as follows. Section II covers each of the main market segments, including money markets, government and non-government bond markets and derivatives markets. Section III provides an examination of the investor base, the current participation of the different investor segments in the bond markets, and recommendations to reach broader and more effective investor diversification. The Section IV is focusing on the critical reform of the Employee Capital Plan (PPK), as one critical group of institutional investors.	en
dc.identifier	http://documents.worldbank.org/curated/en/777731557350148804/Poland-Development-of-Capital-Markets-and-Pension-Funds-Technical-Note
dc.identifier.doi	10.1596/31708
dc.identifier.uri	https://hdl.handle.net/10986/31708
dc.language	English
dc.publisher	World Bank, Washington, DC
dc.relation.ispartofseries	Financial Sector Assessment Program;
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo
dc.subject	GOVERNMENT BOND MARKET
dc.subject	CORPORATE BOND MARKET
dc.subject	CAPITAL MARKETS
dc.subject	PENSION FUNDS
dc.subject	EMPLOYEE CAPITAL PLAN
dc.subject	PENSION REFORM
dc.title	Poland	en
dc.title.subtitle	Development of Capital Markets and Pension Funds	en
dc.type	Report	en
dc.type	Rapport	fr
dc.type	Informe	es
dspace.entity.type	Publication
okr.crossref.title	Poland
okr.date.disclosure	2019-05-09
okr.doctype	Economic & Sector Work::Financial Sector Assessment Program
okr.doctype	Economic & Sector Work
okr.docurl	http://documents.worldbank.org/curated/en/777731557350148804/Poland-Development-of-Capital-Markets-and-Pension-Funds-Technical-Note
okr.guid	777731557350148804
okr.identifier.doi	10.1596/31708
okr.identifier.doi	https://doi.org/10.1596/31708
okr.identifier.externaldocumentum	090224b086c65985_1_0
okr.identifier.internaldocumentum	31054011
okr.identifier.report	136695
okr.imported	true	en
okr.language.supported	en
okr.pdfurl	http://documents.worldbank.org/curated/en/777731557350148804/pdf/Poland-Development-of-Capital-Markets-and-Pension-Funds-Technical-Note.pdf	en
okr.region.administrative	Europe and Central Asia
okr.region.country	Poland
okr.topic	Public Sector Development::Public Sector Economics
okr.topic	Finance and Financial Sector Development::Capital Markets and Capital Flows
okr.topic	Finance and Financial Sector Development::Financial Regulation & Supervision
okr.topic	Finance and Financial Sector Development::Non Bank Financial Institutions
okr.topic	Finance and Financial Sector Development::Securities Markets Policy & Regulation
okr.topic	Social Protections and Labor::Pensions & Retirement Systems
okr.unit	N/A