scholarly journals Pension System Reform and Economic Growth in Chile

2002 ◽  
Vol 173 (1-2) ◽  
pp. 69-81
Author(s):  
Anna Ząbkowicz
Keyword(s):  
Economic Growth ◽  
Pension System ◽  
System Reform

Social security, income inequality and growth

2011 ◽  
Vol 11 (1) ◽  
pp. 53-70 ◽  
Author(s):  
GILLES LE GARREC
Keyword(s):  
Economic Growth ◽  
Income Inequality ◽  
Low Income ◽  
Pension System ◽  
Industrial Countries ◽  
Lifetime Income ◽  
Actuarial Fairness ◽  
Retirement Systems ◽  
Pension Benefits ◽  
Shed Light

AbstractIn most industrial countries, public pension systems redistribute from workers to retired people, not from high-income to low-income earners. They are close actuarial fairness. However, they are not all equivalent. In particular, some pension benefits are linked to full lifetime average earnings, while others are only linked to partial earnings history. In the latter case, we then show in this article that an actuarially fair pay-as-you-go pension system can both reduce lifetime income inequality and enhance economic growth. We also shed light on the dilemma between inequality and economic growth in retirement systems: greater progressivity results in less lifetime inequlity but also less growth.

Anti, Alternative, and Post: A Review of Post-Growth A Review of Post-Growth Approaches to Radical Transformation in the Global South

2018 ◽  
Vol 12 (1) ◽  
Author(s):  
Rebecca Hollender
Keyword(s):  
Economic Growth ◽  
Political Ecology ◽  
Global South ◽  
System Reform ◽  
Limits To Growth ◽  
Prefigurative Politics ◽  
Negative Impacts ◽  
Global Systems ◽  
Systems Of Domination

A diverse set of post-growth theories, proposals, and practices are emerging out of dramatically different contexts across the Global South in response to the recognition that the negative impacts of economic growth are rooted in dominant global systems including development, capitalism, and coloniality.  The emergence of post-growth comes after decades of failed attempts by reform-based approaches, such as sustainable development, limits to growth, and alter-globalization, to meet environmental and social objectives.  While reform-based approaches provide important tools for calculating appropriate limits for growth and promoting sustainability agendas, they do not address growth’s embeddedness in dominant systems.  Also, reform measures often neglect the historical and spatial complexities of poverty, inequality, and environmental problems in Southern societies, rendering these approaches inappropriate and/or infeasible.  As a result, a number of radical post-growth theories, including political ecology, post-development, anti-globalization, anti-capitalism, capitalist crisis critique, decolonial theory, and post-ideological anarchism reject system reform and call for the creation of alternatives that address the unique circumstances of the Global South.  Despite having disparate conceptualizations of the global systems of domination, radical post-growth theories largely converge around the politics and processes of change, espousing the construction of ‘alternatives to’ via a series of radical democratic practices including open-endedness, pluriversality, and prefigurative politics.  Through an examination of the academic approaches that engage with post-growth in the Global South, this review will contribute to understanding and potentiating Southern efforts at anti-systemic transformation.  It will reveal how different radical post-growth theories (1) identify and understand the systems of domination responsible for upholding the primacy of economic growth; (2) contemplate Southern contexts and concerns; and (3) foment long-term processes of building anti-systemic alternatives.  It will identify some practical impediments to moving beyond post-growth theories to implementable proposals, policies, and practices, many of which are exemplified by post-extractivist efforts in Peru.

scholarly journals Modelling home equity conversion loans with life insurance models

2013 ◽  
Vol 58 (199) ◽  
pp. 127-164
Author(s):  
Bojan Baskot
Keyword(s):  
Life Insurance ◽  
Pension System ◽  
System Reform ◽  
Retirement Home ◽  
Home Equity ◽  
Quality Life ◽  
Maturity Date

Home equity represents a reserve that can be used for providing additional money for its owners during their retirement. Life insurance models can be successfully applied to model home equity conversion loans. The home equity conversion loan is a financial product that provides a certain flexibility by using home equity as a resource for a quality life during retirement. Home equity conversion loans do not have a predetermined maturity date, as do conventional loans. But, like every loan, it must be repaid. One potential advantage of using a home equity conversion loan during tough financial times instead of some types of need-based assistance is that eligibility is straightforward. Home equity conversion loans can be useful tools in the process of pension system reform.

scholarly journals STRATEGY DEVELOPMENT AND IMPLEMENTATION OF GOOD CORPORATE GOVERNANCE (GCG) ON BUMN AND BUMD IN INDONESIA

AdBispreneur ◽  
2016 ◽  
Vol 1 (2) ◽  
Author(s):  
Iwan Nuryan
Keyword(s):  
Economic Growth ◽  
Corporate Governance ◽  
Economic Crisis ◽  
Business Practice ◽  
Strategy Development ◽  
System Reform ◽  
Legal Basis ◽  
Internal Constraints ◽  
Business Corporation ◽  
Good Corporate Governance

ABSTRACTGood Corporate Governance (GCG) is a important measure in the corporation an business practice. Some fact that showed lowed rank in the implementation of GCG in Indonesia, had been one of important factors that caused economic crisis and slow face of economic growth in Indonesia, This is had been a trigger to all stakeholders to continue encourage implementation of GCG in Indonesia. There are four important principal in GCG that now continue to encourage, fairness, transparency, accountability, and responsibility.At the level of practice, the application of GCG in Indonesia, especially in BUMN and BUMD is still very low. Some of the obstacles that hinder the implementation of GCG in Indonesia, especially in BUMN and BUMD are the internal constraints, external constraints, and constraints of ownership. To overcome the obstacles it needs to be stressed to continue to raise awareness of all stakeholders about the important of GCG implementation, strengthening the legal basis of GCG implementation, strengthening  government system reform until clean government that free from corruption had been establish, and do some reform throughout the business corporation that runs in Indonesia. Keywords : strategy, GCG, BUMN, BUMD   STRATEGI PENGEMBANGAN DAN PENERAPAN GOOD CORPORATE GOVERNANCE (GCG) BAGI BUMN DAN BUMD DI INDONESIA ABSTRAKGood Corporate Governance (GCG) merupakan sebuah instrumen penting dalam praktek bisnis dan perusahaan. Fakta menunjukkan bahwa rendahnya penerapan GCG di Indonesia telah menjadi salah satu faktor penting terjadinya krisis ekonomi di Indonesia serta lambatnya pertumbuhan ekonomi di Indonesia. Hal ini telah menjadi pendorong berbagai pihak untuk terus mendorong penerapan GCG di Indonesia. Empat prinsip penting dalam GCG yang saat ini terus didorong untuk diterapkan adalah kewajaran, transparansi, akuntabilitas, dan responsibilitas. Pada tataran praktek, penerapan GCG di Indonesia, khususnya pada BUMN dan BUMD masih sangat rendah. Beberapa kendala yang menghambat penerapan GCG di Indonesia, khususnya pada BUMN dan BUMD adalah kendala internal, kendala eksternal, dan kendala kepemilikan. Untuk mengatasi berbagai kendala tersebut maka perlu ditekankan untuk terus meningkatkan kesadaran berbagai pihak akan pentingnya penerapan GCG,   memperkuat   dasar  hukum  penerapan  GCG,   mereformasi  sistem  pemerintahan  hingga terciptanya praktek clean government yang bebas KKN serta reformasi di seluruh korporasi bisnis yang berjalan di Indonesia. Kata kunci : strategy, GCG, BUMN, BUMD

China’s hukou system and city economic growth: from the aspect of rural–urban migration

2019 ◽  
Vol 12 (1) ◽  
pp. 140-157 ◽  
Author(s):  
Kunling Zhang ◽  
Chunlai Chen ◽  
Jian Ding ◽  
Zhinan Zhang
Keyword(s):  
Economic Growth ◽  
Fixed Effects ◽  
System Reform ◽  
Urban Migration ◽  
Content Type ◽  
Economic Growth Model ◽  
Instrumental Variable Regression ◽  
Regression Techniques ◽  
The City ◽  
Practical Implications

Purpose The purpose of this paper is to evaluate the economic impacts of China’s hukou system and propose the possible direction for future reform. Design/methodology/approach The study develops a framework to incorporate the hukou system into the economic growth model. Using prefecture city-level panel data covering 241 cities over the period 2004–2016 and applying the fixed effects and instrumental variable regression techniques, the authors investigated empirically the impacts of the hukou system on city economic growth. Findings The study provides three main findings. First, the city sector conditionally benefits from labour mobility deregulation that allows migrants to work in cities. Second, the hukou system has different impacts on economic growth among cities with different sizes and administrative levels. Third, to offset the costs of providing exclusive public services to the migrants, the big or high-administrative-level cities can use their high-valued hukou to attract the high-skilled migrants, but the small- or low-administrative-level cities do not have this advantage. Practical implications This study suggests that the key for further hukou system reform is how to deal with the hukou–welfare binding relationship. Originality/value The authors developed a theoretical framework and conducted an empirical analysis on the direct relationship between the hukou system and economic growth to reveal the mechanism of how does the hukou system influence the city economic growth and answer the question of why is the hukou system reform so hard in China. The framework also sheds some lights on explaining the success and failure of the hukou system reforms in the past 40 years.

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