Pension schemes in Latin America: Some financial problems

1989 ◽  
Vol 42 (1) ◽  
pp. 35-61 ◽  
Author(s):  
Alvaro Castro-Gutiérrez
2004 ◽  
pp. 107-117
Author(s):  
Z. Romanova

The article is devoted to the analysis of economic and financial problems and contradictions accumulated in Latin America under conditions of globalization and market liberation. The originated unfavorable changes gave rise to the need of policy correction in big and small countries. The author analyses a new strategy of development adequate for Latin America with its specific geopolitical situation, demographic structure and history.


2021 ◽  
Author(s):  
Rosangela Bando ◽  
Sebastián Galiani ◽  
Paul Gertler

Public expenditures on non-contributory pensions are equivalent to at least 1 percent of GDP in several countries in Latin America and is expected to increase. We explore the effect of non-contributory pensions on the well-being of the beneficiary population by studying the "Pensiones Alimentarias" program established by law in Paraguay, which targets older adults living in poverty. Households with a beneficiary increased their level of consumption by 44 percent. The program improved subjective well-being in 0.48 standard deviations. These effects are consistent with the findings of Bando, Galiani and Gertler (2020) and Galiani, Gertler and Bando (2016) in their studies on the non-contributory pension schemes in Peru and Mexico. Thus, we conclude that the effects of non-contributory pensions on well-being in Paraguay are comparable to those found for Peru and Mexico and add to the construction of external validity.


1999 ◽  
Vol 5 (1) ◽  
pp. 55-113 ◽  
Author(s):  
C.D. Daykin ◽  
D. Lewis

ABSTRACTSocial security pension schemes around the world are facing a number of problems, of which demographic ageing is the most commonly discussed. This paper provides an overview of expected future demographic developments in European Union and some other OECD countries, and evaluates some of the range of solutions which have been, or are being, considered to address this and other problems facing social security in the late 1990s, drawing on examples from OECD countries, from Latin America and from central and eastern Europe. Consideration is given to the possibilities for increasing the level of funding in social security pension schemes or developing funded complementary pension schemes.


Author(s):  
Stephanie Bernstein

RésuméDepuis dix ans, le modèle chilien de privatisation des régimes de pension s'est répandu en Amérique latine et suscite beaucoup d'intérêt sur le plan international. Ceci soulève des questions importantes quant à l'individualisation des risques sociaux et à l'érosion des bases de la sécurité sociale fondées sur les droits de la personne. Cet article examine les caractéristiques des régimes privatisés de pensions en Amérique latine et explore certains facteurs qui ont motivé la tendance vers la privatisation. Les approches préconisées par la Banque mondiale et l'Organisation internationale du travail pour la réforme des régimes de pension sont également comparées. Les normes juridiques et les principes généralement reconnus pour l'élaboration des régimes de pension fournissent une toile de fond pour l'examen de questions entourant la mise en œuvre de régimes privatisés, notamment le rôle changeant de l'État relativement à la protection.


1974 ◽  
Vol 31 (2) ◽  
pp. 139-163 ◽  
Author(s):  
Margaret Todaro Williams

A History of Catholicism in Brazil could well be divided into the pre- and post-Jacksonian eras. Jackson de Figueiredo, fiery Catholic journalist of the 1920's who serves as the point of reference, performed the feat of almost single-handedly wrenching the Brazilian Church from the position of static equilibrium in which it long lay suspended. This statis had its roots in the restrictive regalism of the Portuguese and Brazilian Empires and in the Republican disestablishment which followed in 1890.Caught up since 1890 with organizational and financial problems of survival, the Brazilian Church had drawn ever closer to Rome. Under the auspices of the papacy, the hierarchy recruited foreign clergy to staff its underorganized church and encouraged new orders to set up branches in Brazil. In 1905 Pope Leo XIII appointed Archbishop Joaquim Arcoverde of Rio the first Cardinal of Brazil and of Latin America. He created new dioceses in Brazil and appointed Rome-trained bishops to fill them. The utilization of Rome's financial and personnel resources in the postdisestablishment period considerably shored up the Church qua organization in Brazil.


1954 ◽  
Vol 22 ◽  
pp. 416-440

(1) Actuaries in their professional life are concerned both with the study of population statistics and with the financial administration of pension schemes of all kinds. Among their responsibilities in relation to pension schemes are the calculation of rates of contribution and benefit, the determination of the funds which it is necessary to accumulate to meet contractual liabilities, and the estimation of the disbursements (or “emerging costs” as they are commonly termed) which may be expected over future years. It follows that the age distribution of the population, the economic effects of changes in that age distribution, and the provision of pensions are all subjects of vital concern to the actuarial profession. Accordingly, in response to an invitation received from the Committee which, under the chairmanship of Sir Thomas Phillips, is considering the economic and financial problems of provision for old age, the Councils of the Institute of Actuaries and of the Faculty of Actuaries in Scotland desire to submit the following evidence.


CEPAL Review ◽  
1983 ◽  
Vol 1983 (20) ◽  
pp. 149-163
Author(s):  
Carlos Massad

2014 ◽  
Vol 38 (01) ◽  
pp. 102-129
Author(s):  
ALBERTO MARTÍN ÁLVAREZ ◽  
EUDALD CORTINA ORERO

AbstractUsing interviews with former militants and previously unpublished documents, this article traces the genesis and internal dynamics of the Ejército Revolucionario del Pueblo (People's Revolutionary Army, ERP) in El Salvador during the early years of its existence (1970–6). This period was marked by the inability of the ERP to maintain internal coherence or any consensus on revolutionary strategy, which led to a series of splits and internal fights over control of the organisation. The evidence marshalled in this case study sheds new light on the origins of the armed Salvadorean Left and thus contributes to a wider understanding of the processes of formation and internal dynamics of armed left-wing groups that emerged from the 1960s onwards in Latin America.


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