VDM Verlag Dr. Mueller E.K.
Designing Pension Program to Strengthen Formal Labor Market in Developing Countries
Product Code:
9783836483537
ISBN13:
9783836483537
Condition:
New
$63.72
$63.18
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Designing Pension Program to Strengthen Formal Labor Market in Developing Countries
$63.72
$63.18
Sale 1%
The basic set up of the pension system suggested in this book is multidimensional: a short run consumption tax policy to finance a defined benefit plan to support minimum physical needs of the older population, a medium run labor income tax policy to finance individuals defined contribution fully funded savings plan, and a long run skilled labor creation through university education so that individuals are able to self-finance their own pension savings through the fully funded savings plan. The defined benefit plan is important because it serves as a redistribution tool, while the defined contri-bution plan serves as a savings tool. In addition, the skilled labor creation serves as a supporting tool so that the pension program can be sustained in the long run.
| Author: Muliadi Widjaja |
| Publisher: VDM Verlag Dr. Mueller E.K. |
| Publication Date: Apr 03, 2008 |
| Number of Pages: 148 pages |
| Binding: Paperback or Softback |
| ISBN-10: 383648353X |
| ISBN-13: 9783836483537 |