This digital document is an article from Finance & Development, published by International Monetary Fund on June 1, 1995. The length of the article is 3134 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the supplier: Systems of financial support for old people are in trouble all over the world. Urbanization, industrialization and increased mobility are severely straining both extended families and village support networks on which more than 60% of the world's senior citizens depend exclusively. Existing old-age programs in many countries are not serving to protect the old or to promote economic growth. Other nations that are starting new systems are in danger of making the same mistakes. To ensure that old-age programs continue to provide security to the elderly and to provide economic benefits, governments the world over need to consider comprehensive pension reforms. Tackling pension reform will not be easy, but change in the current systems is necessary to avoid the old-age crisis.
Citation Details Title: Averting the old-age crisis. (protecting old people's financial support systems)(Pension Reform) Author: Estelle James Publication:Finance & Development (Magazine/Journal) Date: June 1, 1995 Publisher: International Monetary Fund Volume: v32 Issue: n2 Page: p4(4)