CDS-KNRaj Library

Updates from K.N. Raj Library, CDS, Thiruvananthapuram

India’s Senior Citizens’ Policy and an Examination of the Life of Senior Citizens in North Delhi

OTA Hitoshi Discussion Papers No.402 The paper investigates the ageing situation in India and the development of the government initiatives for the welfare of senior citizens. It also presents the initial results of a survey that the author conducted in 2011 in North Delhi. The main features related to ageing in India are ‘feminisation’, ‘rurality’ [...]

Pension Overhaul May Not Lure Foreigners

Don’t expect foreign companies to rush into India’s pension sector even when they are allowed to get a piece of it, say market experts. Last week, India’s federal cabinet cleared a bill that would, among other things, allow foreign companies to establish standalone pension fund companies in India. Until now, foreign companies have only been [...]

Pensions: Social security with Chinese characteristics

THE ECONOMIST/AUG. 11TH 17TH 2012 THE 18th-century Chinese emperor Qianlong made elaborate preparations for retirement. He commissioned an exquisite retreat in Beijing’s Forbidden City, complete with trompe l’oeil paintings and meditation cushions. Its name translates as the “Studio of Exhaustion from Diligent Service”. URL:http://www.economist.com/node/21560259 COURTESY: THE ECONOMIST

Social Protection for Older Persons: Social Pensions in Asia

edited by Sri wening handayani and Babken babajanian Published by Asain Development Bank, 2012 The rising number of older persons in Asia has accentuated the importance of strengthening the systems of social protection in the region. This book examines the effectiveness and relevance of noncontributory or social pensions in supporting older persons in Asia. It discusses [...]

Growth of Asian Pension Assets: Implications forFinancial and Capital Markets

by Yuwei Hu ADBI Working Paper No.360, May 2012 Pension assets have seen rapid growth world-wide over the past decades, although they suffered large losses during the global financial crisis of 2007–2008. This paper seeks to identify the impact of Asian pension funds on selected key transmission mechanisms from pension reform to financial development. Utilizing [...]

Developing Asia’s Pension Systems and Old-Age Income Support

by Donghyun Park and Gemma Estrada ADBI Working Paper No.358, April 2012 Old-age income support is becoming an issue of growing importance throughout Asia. This is especially true in East and Southeast Asia where the population is aging. This paper provides a broad overview of the current state of pension systems in the People’s Republic [...]

What is the Role of Social Pensions in Asia?

by Armando Barrientos ADBI Working Paper No.351, April 2012 Rapid population ageing and economic transformation in Asia raise the policy challenge of ensuring income security in old age. The main objective of this paper is to explore the potential role of social pensions and other noncontributory schemes in Asia, informed by insights from theory and [...]

The Economic Journal, Volume 122, Issue 559, March 2012

 ARTICLES ♦    Shattered Dreams: The Effects of Changing the Pension System Late in the Game Andries De Grip, Maarten Lindeboom and Raymond Montizaan ♦    Protection and International Sourcing Emanuel Ornelas and John L. Turner ♦    Enterprise Recovery Following Natural Disasters Suresh De Mel, David McKenzie and Christopher Woodruff ♦    Food and Cash Transfers: Evidence [...]

Announcing an Increase in the State Pension Age and the Recession: Which Mattered More for Expected Retirement Ages?

Alan Barrett and Irene Mosca Discussion Paper No. 6325 January 2012 In March of 2010, the Irish government announced that the age at which the state pension is paid would be raised to 66 in 2014, 67 in 2021 and 68 in 2028. Also during 2010, the economic news became increasingly bad as the full [...]

The Aftermath of Structural Pension Reform:Managing Legacy Costs of Defined Benefit Pensions in India

by Cheolsu Kim and Gary Hendricks Published by ADB, 2011  India’s civil service retirement benefit system, based on a defined benefit scheme, imposed an annual expenditure of over $30 billion on the central and state governments. In an effort to truncate the unfunded scheme, which covers 30 million central and state government employees, the Government [...]

A regulatory approach to financial product advice and distribution

by M Sahoo and Renuka sane IGIDR WP -2011-029, December 2011 Financial distribution, where the distributor is the agent of both the product provider and the customer, has been found to inherently work against the interests of customers, in the form of high service fees and perverse incentives in sales practices. This paper proposes segregation [...]

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