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South Asia Pension Forum: Fostering Inclusive and Sustainable Pension Systems in the Region
Cheolsu Kim,Gautam Bhardwaj +1 more
TLDR
The South Asia Pension Forum (SAPF) as discussed by the authors is an initiative of the Asian Pension Forum, which was established by the World Bank and the Asian Development Bank to promote the development of South Asia's pension systems.Abstract:
viii I. Context 1 Demography and Labor Markets 1 Limited Coverage and High Fiscal Cost of Formal Pension Programs 3 Limited Capacity for Meaningful Fiscal Transfers 4 Financial Sector Development and Access 5 II. Overview of Pension Systems in South Asia 7 Bangladesh 7 India 8 Nepal 10 Pakistan 12 Sri Lanka 14 III. South Asia Pension Forum: Proposal 17 Rationale and Role 17 Precedence 19 Mission 21 Goals 21 Activities 22 Organization Structure 24 Editorial Board 24 Steering Committee 25 Members 25read more
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Limited but Evolving: The Political Economy of Social Protections in Nepal
TL;DR: In this paper, the authors take stock of social protection policies in Nepal with particular emphasis on the extent of coverage relative to needs, and explore the political economy, demand and political contexts to explain why social protections have developed the way they have in Nepal's modern history.
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Ageing Population in India: Select Economic Issues
TL;DR: It is suggested that financial literacy and a variety of financial instruments should be considered by the government to address the issues of ageing population in India.
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The Long-Term Financial Sustainability of the Civil Service Pension Scheme in Malaysia*
TL;DR: The civil service pension scheme (CSPS) in Malaysia is a defined benefit (DB), non-contributory system directly funded from the budget as mentioned in this paper, which is a non-convex DB.
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Understanding the Critical Aspects of South Asian Labor Market: Implications and Policy Responses
TL;DR: This paper explored the critical insights into the labor markets of South Asian countries taking ILO's Key Indicators of the Labor Market (KILM) as an example for illustrations and put its lens on addressing adequate policies and program responses at country level, especially for Bangladesh.
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Assessing Fiscal Risks in Bangladesh
TL;DR: In this article, the authors identify, quantifies, and assesses fiscal risks in Bangladesh by performing sensitivity analysis and using stochastic simulations, it measures risks arising from shocks to gross domes.
References
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Access to financial services in Nepal
TL;DR: In this paper, the authors examined the country's supply of and demand for financial services and the constraints to increasing access to them and offered recommendations on how to make the financial sector work for all of Nepal's people, and especially for low-income households and small businesses.
Reforming civil service pensions in selected asian countries
TL;DR: In this article, the usual caveat applies: "the usual caveats apply" and the usual caveats are due to Tom Snyder for useful comments and to Sadhana Sen for research assistance.
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Tackling Poverty in Old Age: A Universal Pension for Sri Lanka
Larry Willmore,S. Kidd +1 more
TL;DR: In this paper, the authors provide estimates of the fiscal cost of a universal age pension in Sri Lanka and argue that such a scheme is more efficient, equity and politically appealing than traditional means-testing and rule-based targeting.