Author: Gregorio Impavido
Publisher: World Bank Publications
ISBN:
Category : Annuities
Languages : en
Pages : 47
Book Description
This paper analyzes the performance and development of the Mexican pension annuity market established as a consequence of the 1997 pension reform. The Mexican experience displays interesting characteristics providing lessons for other countries that still need to design the decumulation phase of their newly established second pillars. At the same, time it raises some technical and policy concerns that need addressing as they could hamper, in the future, the healthy development of the market. The paper concludes that: 1) general life insurance companies may better hedge longevity risk than specialized annuity companies; 2) competition should be based on prices rather than additional products; 3) better disclosure of options under the 1973 and 1997 social security laws should be given to disability and life annuitants; and 4) various measures should be taken to improve asset liability management including allowing companies to trade over the counter derivatives and substituting over time the regulatory asset liability management framework with an economic asset liability management framework.
The Mexican Pension Annuity Market
Author: Gregorio Impavido
Publisher: World Bank Publications
ISBN:
Category : Annuities
Languages : en
Pages : 47
Book Description
This paper analyzes the performance and development of the Mexican pension annuity market established as a consequence of the 1997 pension reform. The Mexican experience displays interesting characteristics providing lessons for other countries that still need to design the decumulation phase of their newly established second pillars. At the same, time it raises some technical and policy concerns that need addressing as they could hamper, in the future, the healthy development of the market. The paper concludes that: 1) general life insurance companies may better hedge longevity risk than specialized annuity companies; 2) competition should be based on prices rather than additional products; 3) better disclosure of options under the 1973 and 1997 social security laws should be given to disability and life annuitants; and 4) various measures should be taken to improve asset liability management including allowing companies to trade over the counter derivatives and substituting over time the regulatory asset liability management framework with an economic asset liability management framework.
Publisher: World Bank Publications
ISBN:
Category : Annuities
Languages : en
Pages : 47
Book Description
This paper analyzes the performance and development of the Mexican pension annuity market established as a consequence of the 1997 pension reform. The Mexican experience displays interesting characteristics providing lessons for other countries that still need to design the decumulation phase of their newly established second pillars. At the same, time it raises some technical and policy concerns that need addressing as they could hamper, in the future, the healthy development of the market. The paper concludes that: 1) general life insurance companies may better hedge longevity risk than specialized annuity companies; 2) competition should be based on prices rather than additional products; 3) better disclosure of options under the 1973 and 1997 social security laws should be given to disability and life annuitants; and 4) various measures should be taken to improve asset liability management including allowing companies to trade over the counter derivatives and substituting over time the regulatory asset liability management framework with an economic asset liability management framework.
Mexico
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451825609
Category : Business & Economics
Languages : en
Pages : 81
Book Description
This report reviews the main laws and regulations governing the Mexican financial system, and analyzes the financial system stability in Mexico. The study assesses the implementation of macroeconomic policies, the process of bank restructuring and consolidation, and sectoral and infrastructure factors. The paper also highlights the Observance of the Code of Good Practices on Transparency in Monetary and Financial Policies; Systemically Important Payment Systems; Basel Core Principle for Effective Banking Supervision; Insurance Supervisory Principles; and Objectives and Principles of Securities Regulation.
Publisher: International Monetary Fund
ISBN: 1451825609
Category : Business & Economics
Languages : en
Pages : 81
Book Description
This report reviews the main laws and regulations governing the Mexican financial system, and analyzes the financial system stability in Mexico. The study assesses the implementation of macroeconomic policies, the process of bank restructuring and consolidation, and sectoral and infrastructure factors. The paper also highlights the Observance of the Code of Good Practices on Transparency in Monetary and Financial Policies; Systemically Important Payment Systems; Basel Core Principle for Effective Banking Supervision; Insurance Supervisory Principles; and Objectives and Principles of Securities Regulation.
Social Protection and the Market in Latin America
Author: Sarah M. Brooks
Publisher: Cambridge University Press
ISBN: 1139474405
Category : Political Science
Languages : en
Pages : 379
Book Description
Social security institutions have been among the most stable post-war social programs around the world. Increasingly, however, these institutions have undergone profound transformation from public risk-pooling systems to individual market-based designs. Why has this 'privatization' occurred? Why do some governments enact more radical pension privatizations than others? This book provides a theoretical and empirical account of when and to what degree governments privatize national old-age pension systems. Quantitative cross-national analysis simulates the degree of pension privatization around the world and tests competing hypotheses to explain reform outcomes. In addition, comparative analysis of pension reforms in Argentina, Brazil, Mexico and Uruguay evaluate a causal theory of institutional change. The central argument is that pension privatization emerges from political conflict, rather than from exogenous pressures. The argument is developed around three dimensions: the double bind of globalization, contingent path-dependent processes, and the legislative politics of loss imposition.
Publisher: Cambridge University Press
ISBN: 1139474405
Category : Political Science
Languages : en
Pages : 379
Book Description
Social security institutions have been among the most stable post-war social programs around the world. Increasingly, however, these institutions have undergone profound transformation from public risk-pooling systems to individual market-based designs. Why has this 'privatization' occurred? Why do some governments enact more radical pension privatizations than others? This book provides a theoretical and empirical account of when and to what degree governments privatize national old-age pension systems. Quantitative cross-national analysis simulates the degree of pension privatization around the world and tests competing hypotheses to explain reform outcomes. In addition, comparative analysis of pension reforms in Argentina, Brazil, Mexico and Uruguay evaluate a causal theory of institutional change. The central argument is that pension privatization emerges from political conflict, rather than from exogenous pressures. The argument is developed around three dimensions: the double bind of globalization, contingent path-dependent processes, and the legislative politics of loss imposition.
Histories of Productivity
Author: Peter-Paul Banziger
Publisher: Routledge
ISBN: 1315522764
Category : History
Languages : en
Pages : 210
Book Description
Global issues such as climate change and the aftermath of the 2008 financial crisis have spurred interest in thinking about the history of the modern economy that goes beyond disciplinary economic history. This book contributes to the cultural history of capitalism and its different regimes of productivity by pursuing the perspective of body history and by providing a global scope. Throughout modernity, the body served as a fundamental, albeit essentially changing, linchpin for both the organization of economic practices and for intellectual reflections on the economy. In particular, it was the pivotal interface to render notions of economic productivity intelligible. The book explores this central thesis in a range of case studies, drawing on source material from West Africa, Europe, Mexico, and the US. Framed by a theoretically informed introduction, which also provides a conceptual history of notions of productivity, and by an afterword that brings the approaches explored in this volume into dialogue with scholarship inspired by Marx and Foucault, the individual chapters tackle the concept of productivity from a wide array of angles, each illuminating the promises and problems of a cultural take on the history of economic productivity.
Publisher: Routledge
ISBN: 1315522764
Category : History
Languages : en
Pages : 210
Book Description
Global issues such as climate change and the aftermath of the 2008 financial crisis have spurred interest in thinking about the history of the modern economy that goes beyond disciplinary economic history. This book contributes to the cultural history of capitalism and its different regimes of productivity by pursuing the perspective of body history and by providing a global scope. Throughout modernity, the body served as a fundamental, albeit essentially changing, linchpin for both the organization of economic practices and for intellectual reflections on the economy. In particular, it was the pivotal interface to render notions of economic productivity intelligible. The book explores this central thesis in a range of case studies, drawing on source material from West Africa, Europe, Mexico, and the US. Framed by a theoretically informed introduction, which also provides a conceptual history of notions of productivity, and by an afterword that brings the approaches explored in this volume into dialogue with scholarship inspired by Marx and Foucault, the individual chapters tackle the concept of productivity from a wide array of angles, each illuminating the promises and problems of a cultural take on the history of economic productivity.
Mexican & U.S. Labor Law & Practice
Author: Anna Leonard Torriente
Publisher:
ISBN:
Category : Labor laws and legislation
Languages : en
Pages : 416
Book Description
Publisher:
ISBN:
Category : Labor laws and legislation
Languages : en
Pages : 416
Book Description
Private Pensions Series Private Pension Systems and Policy Issues
Author: OECD
Publisher: OECD Publishing
ISBN: 9264181210
Category :
Languages : en
Pages : 397
Book Description
This book provides an overview of recent developments in the private pension systems of four OECD countries (Hungary, Mexico, the United Kingdom and the United States) as well as an analysis of institutional investors in Latin America.
Publisher: OECD Publishing
ISBN: 9264181210
Category :
Languages : en
Pages : 397
Book Description
This book provides an overview of recent developments in the private pension systems of four OECD countries (Hungary, Mexico, the United Kingdom and the United States) as well as an analysis of institutional investors in Latin America.
Women in Management Worldwide
Author: Ronald J. Burke
Publisher: Taylor & Francis
ISBN: 1134775482
Category : Business & Economics
Languages : en
Pages : 391
Book Description
Organizations today are facing unprecedented challenges, including an ageing workforce, potential talent shortages, an increasingly competitive international environment and the need to utilize the talents of the best qualified people, regardless of gender. More women than men, in many cases, are graduating from universities and gaining the requisite experience to qualify for advancement to higher levels of management. In this expanded and revised third edition, Professors Burke and Richardsen, together with a list of international contributors, address women’s progression in the workforce and into the upper echelons of management. They cover a range of professions and a geographically dispersed territory, thereby advancing the understanding of women in management within a traditional context, and making a substantial contribution to the literature for both an academic and practitioner audience. The broader regional perspective offers a comprehensive overview of the challenges and opportunities facing women in the workplace, and promotes the ongoing analysis of the interface between women's career aspirations and societal and organizational norms, assumptions and values. Following the same format as the previous edition, the country by country analysis allows for the data between countries and regions to be compared, for the differences to be addressed and a more holistic picture of the situation in a given country to be assessed. Women in Management Worldwide will appeal to researchers, policy-makers in a range of countries interested in workforce issues, talent management and gender equality, as well as consultants working with international organizations on HRM and organizational effectiveness challenges.
Publisher: Taylor & Francis
ISBN: 1134775482
Category : Business & Economics
Languages : en
Pages : 391
Book Description
Organizations today are facing unprecedented challenges, including an ageing workforce, potential talent shortages, an increasingly competitive international environment and the need to utilize the talents of the best qualified people, regardless of gender. More women than men, in many cases, are graduating from universities and gaining the requisite experience to qualify for advancement to higher levels of management. In this expanded and revised third edition, Professors Burke and Richardsen, together with a list of international contributors, address women’s progression in the workforce and into the upper echelons of management. They cover a range of professions and a geographically dispersed territory, thereby advancing the understanding of women in management within a traditional context, and making a substantial contribution to the literature for both an academic and practitioner audience. The broader regional perspective offers a comprehensive overview of the challenges and opportunities facing women in the workplace, and promotes the ongoing analysis of the interface between women's career aspirations and societal and organizational norms, assumptions and values. Following the same format as the previous edition, the country by country analysis allows for the data between countries and regions to be compared, for the differences to be addressed and a more holistic picture of the situation in a given country to be assessed. Women in Management Worldwide will appeal to researchers, policy-makers in a range of countries interested in workforce issues, talent management and gender equality, as well as consultants working with international organizations on HRM and organizational effectiveness challenges.
G.K. Hall Bibliographic Guide to Latin American Studies
Author: Benson Latin American Collection
Publisher:
ISBN:
Category : Latin America
Languages : en
Pages : 842
Book Description
Publisher:
ISBN:
Category : Latin America
Languages : en
Pages : 842
Book Description
Mexico Investment and Business Guide
Author: International Business Publications, USA
Publisher:
ISBN: 9780739769706
Category : Business & Economics
Languages : en
Pages : 390
Book Description
Publisher:
ISBN: 9780739769706
Category : Business & Economics
Languages : en
Pages : 390
Book Description
Encyclopedia of Social Welfare History in North America
Author: John M. Herrick
Publisher: SAGE Publications
ISBN: 1452265437
Category : Social Science
Languages : en
Pages : 561
Book Description
The Encyclopedia of Social Welfare History in North America is a unique reference work that provides readers with basic information about the history of social welfare in Canada, Mexico, and the United States. The intent of the encyclopedia is to provide readers with information about how these three nations have dealt with social welfare issues, some similar across borders, others unique, as well as to describe important events, developments, and the lives and work of some key contributors to social welfare developments. In choosing a continental focus, editors John M. Herrick and Paul H. Stuart encourage readers to explore cross-national and comparative work in the development of social welfare history. The Encyclopedia defines social welfare broadly to include education, informal mutual assistance, the development of the social work profession, and voluntary charitable activities as well as state supported public welfare activities. The coverage is therefore broad and interdisciplinary, including the fields of anthropology, health sciences, history, political science, social work, and sociology. Editors include specialists in the social welfare history of each nation, and they have collaborated with scholars from a variety of academic disciplines to prepare entries of varying length addressing these issues. Associate editors for Canada and Mexico, both authorities in the history of social welfare in those countries, were responsible for recruiting expert contributors in their fields. No other reference work takes this unique continental approach, and as such this will be a much needed acquisition for any academic or large public library with a social science collection. Beginning students as well as established scholars will find this an invaluable starting point for investigations into new areas of inquiry. Topics Covered • Canada • Charity • Child welfare • Economic conditions and social welfare • Economics/tax policy • Health/Mental Health Policy • Landmark social welfare legislation • Mexico • Poverty • Race and Social Inequality • Social Problems • Social Security and Income Maintenance • Social Welfare Reform • Social Welfare Reformers • Social Work • United States • Women and social welfare Associate Editors John Graham, University of Calgary Enrique Ochoa, California State University, Los Angeles Ruth Britton, University of Southern California Editorial Assistants Russell Bennett and Benson Chisanga, University of Alabama
Publisher: SAGE Publications
ISBN: 1452265437
Category : Social Science
Languages : en
Pages : 561
Book Description
The Encyclopedia of Social Welfare History in North America is a unique reference work that provides readers with basic information about the history of social welfare in Canada, Mexico, and the United States. The intent of the encyclopedia is to provide readers with information about how these three nations have dealt with social welfare issues, some similar across borders, others unique, as well as to describe important events, developments, and the lives and work of some key contributors to social welfare developments. In choosing a continental focus, editors John M. Herrick and Paul H. Stuart encourage readers to explore cross-national and comparative work in the development of social welfare history. The Encyclopedia defines social welfare broadly to include education, informal mutual assistance, the development of the social work profession, and voluntary charitable activities as well as state supported public welfare activities. The coverage is therefore broad and interdisciplinary, including the fields of anthropology, health sciences, history, political science, social work, and sociology. Editors include specialists in the social welfare history of each nation, and they have collaborated with scholars from a variety of academic disciplines to prepare entries of varying length addressing these issues. Associate editors for Canada and Mexico, both authorities in the history of social welfare in those countries, were responsible for recruiting expert contributors in their fields. No other reference work takes this unique continental approach, and as such this will be a much needed acquisition for any academic or large public library with a social science collection. Beginning students as well as established scholars will find this an invaluable starting point for investigations into new areas of inquiry. Topics Covered • Canada • Charity • Child welfare • Economic conditions and social welfare • Economics/tax policy • Health/Mental Health Policy • Landmark social welfare legislation • Mexico • Poverty • Race and Social Inequality • Social Problems • Social Security and Income Maintenance • Social Welfare Reform • Social Welfare Reformers • Social Work • United States • Women and social welfare Associate Editors John Graham, University of Calgary Enrique Ochoa, California State University, Los Angeles Ruth Britton, University of Southern California Editorial Assistants Russell Bennett and Benson Chisanga, University of Alabama