| Description |
1 online resource (1 electronic resource (13 pages)) : color illustrations |
| Series |
IMF working paper ; WP/09/38 |
|
IMF working paper ; WP/09/38.
|
| Contents |
I. Introduction; II. Emigration and Sustainability; III. Asset Returns and Portfolio Allocation; IV. Other Age-Related Spending; V. Policy Recommendations; Figures; 1. Demographic Profile, 2005-60; 2. Social Security Reserve Assets per Actuarial Reviews; 3. Countries with the Largest Emigration to OECD, 1970-2000; 4. Estimates of Annual Emigration Rates, 2000; 5. Demographic Profile with Constant Emigration at the Historical OECD Rate, 2005-60; 6. Projected Year of Pension Fund Reserve Asset Depletion; 7. Social Security Reserve Portfolio Asset Allocations |
|
8. Average Age-Related Expenditure, 2004-069. Costs of Aging, 2006 vs. 2050; References |
| Summary |
The demographic transition in the Eastern Caribbean Currency Union (ECCU) now underway is rapid compared with international experience, and emigration is playing a particularly large role. This paper describes and quantifies several factors which could magnify the challenge of pension reform. First, for some ECCU countries, continued emigration at historical rates would considerably advance the projected date at which pension scheme assets are depleted. Second, there is a significant risk that assets will underperform, given the large exposures to the highly-leveraged public sector and to a le |
| Notes |
At head of title: Western Hemisphere Department |
|
"March 2009." |
| Bibliography |
Includes bibliographical references (pages 12-13) |
| Notes |
English |
|
Print version record |
| Subject |
Eastern Caribbean Currency Union.
|
| SUBJECT |
Eastern Caribbean Currency Union fast |
| Subject |
Pensions.
|
|
Pensions
|
|
pensions (compensation)
|
|
Pensions
|
| Form |
Electronic book
|
| Author |
International Monetary Fund. Western Hemisphere Department.
|
| ISBN |
1462385044 |
|
9781462385041 |
|
1452775303 |
|
9781452775302 |
|
1282842609 |
|
9781282842601 |
|
9786612842603 |
|
6612842601 |
|
1451871864 |
|
9781451871869 |
|
