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Implementing an Inclusive and Equitable Pension Reform
India is ageing. One response of Indian policy makers has been introduction of the New Pension Scheme (NPS), a defined contribution pension scheme which is mandatory for civil servants and voluntary for the rest of the population. Given the size of the target population, even if take up is modest, NPS savings may soon provide huge amounts of capital to the Indian economy. However, challenges are abound. What governance structure will best achieve the ultimate policy goal of serving the needs of savers? What business processes and information technology design will serve members best? How effectively will the NPS attack the problem of old-age poverty? In this book, a multi-disciplinary intern...
논문이해 연구방법론 [영문판]
논문이해와 연구방법론을 다룬 책. 논문의 이해 및 접근방법에 대한 통일체적 개념의 재해석에 대한 저자의 국내외 논문연구 발표사례와 함께 논문의 컨텍스트 형성요인 간의 상관관계, 가시적, 비가시적 문제구조의 이해와 논리성 확보, 검증과정을 체득시키고자 했다.
South Asia Pension Forum
Income insecurity in old age is likely to be one key cause of increased poverty in South Asia, and setting up systems to avert this crisis should be a central public policy goal of each country. Several countries in the region are therefore beginning to evaluate a range of policy options for pension reforms. Given the remarkable similarity of each country in terms of demography, labor markets, and political structures, lessons from both success and failure in pension policy design and implementation are highly portable from one country to another within the region. This publication proposes the establishment of a South Asia Pension Forum that is intended to foster and support intensive policy analysis, research, and consultation on pension reforms and social security within the region.
The Aftermath of Structural Pension Reform
India's civil service retirement benefit system, based on a defined benefit scheme, imposed an annual expenditure of over $30 billion on the central and state governments. In an effort to truncate the unfunded scheme, which covers 30 million central and state government employees, the Government of India in 2004 decided to replace the traditional defined benefit scheme with a defined contributory scheme known as the New Pension Scheme. This book contains an account of the efforts of five states---Assam, Bihar, Chhattisgarh, Jharkhand, and Madhya Pradesh---to estimate their current pension liabilities, project annual pension costs over the next 15–25 years, and explore options for managing their annual costs. Using newly constructed employee databases, the book discusses in detail the projections for each state and suggests cost-saving measures based on specific needs. Also included is a lengthy discussion of the lessons that emerged in database construction and practical recommendations in managing pension costs.
Korea at War
An engaging history covering a century of conflict on the Korean Peninsula Korea at War recounts how two separate nations emerged on the Korean peninsula as the result of devastating conflicts involving provocative personalities and superpower intrigues. The topics covered in this fascinating book include: The brutal years of Japanese colonial rule which began with Japan's annexation of Korea and ended with its defeat in World War II--and which still dominate Japanese-Korean relations today The division of the country into a totalitarian North and a prosperous, democratic South North Korea's invasion of the South, motivated by Stalin, which led to the bloody Korean War--a conflict that is st...
Implementing an Inclusive and Equitable Pension Reform
India is ageing. One response of Indian policy makers has been introduction of the New Pension Scheme (NPS), a defined contribution pension scheme which is mandatory for civil servants and voluntary for the rest of the population. Given the size of the target population, even if take-up is modest, NPS savings may soon provide huge amounts of capital to India's economy. However, challenges are abound. What governance structure will best achieve the ultimate policy goal of serving the needs of savers? What business processes and information technology design will serve members best? How effectively will the NPS attack the problem of old-age poverty? In this book, a multi-disciplinary internati...
Guidelines on the Use of Consultants by Asian Development Bank and Its Borrowers
Энэхүү журам нь Азийн Хөгжлийн Банк (АХБ)-наас олгосон аливаа зээл, буцалтгүй тусламж, эсхүл АХБ-наас захиран зарцуулдаг сангаас бүрэн ба хэсэгчлэн санхүүждэг зээлийн болон техник туслалцаа (ТТ)-ны төслийн зөвлөхийг сонгон шалгаруулах, гэрээ байгуулах, түүнд хяналт шинжилгээ хийх үед дагаж мөрдөх АХБ-ны бодлого, горим журмыг тодорхойлно.
Lowering the Threshold
As trade preferences disappear, least developed countries (LDCs) and small and vulnerable economies (SVEs) face problems in attracting private investment into small and medium-sized enterprises (SMEs).
India-ADB Development Partnership
The report describes key features of ADB's operations in India and how these have evolved to support the Government of India's focus on high, inclusive and sustainable growth. As of December 2012, the Asian Development Bank (ADB) had approved 168 sovereign loans amounting to $27.2 billion and 344 technical assistance projects amounting to $258 million on a cumulative basis for India. Today, ADB operations cover over 20 states in India. While infrastructure projects in the energy, transport, and urban sectors comprise over 75% of ADB's operations in the country, ADB is also engaged in promoting water resources management, agribusiness infrastructure development, financial inclusion, skills development, and regional cooperation and integration. The report provides a compendium of ongoing projects and case studies across ADB's sectors of operations in India. It also highlights the innovative elements of projects and showcases the impact of development assistance on people's lives and livelihoods.
NO ROOM FOR LESS
A severe retirement crisis is imminent in India. Its impact on socioeconomic systems will upend the lives of ordinary people. This book analyses the current legislative framework, ongoing reforms, saving and investment patterns, and financial products that are aimed at the rapidly burgeoning retirement market. In a world divided between the pension haves and the pension have-nots, the relative absence of retirement literacy remains a giant concern, a gap the book aims to address. For both policymakers and individual savers, The Great Indian Retirement Crisis makes a compelling story.
