Source: http://www.worldbank.org
The following paper outlines and summarizes the Bank’s current thinking on pension reform, but does not constitute the Bank’s formal position in this area. A paper on "Main Issues of Bank-guided Pension Reforms" will be prepared by my group for discussion at a meeting of the Board of Executive Directors of the Bank, scheduled for Summer 1998. The current paper, therefore, should be understood as a first outline open to discussions and revisions. The paper profited from the comments and suggestions of David Lindeman, Robert Palacios and Steen Jorgensen (HDDSP).