Swedish Pensions System Could Be Promising Model For Countries Facing Reform Crunch, Says World Bank.

0 Comments | M2 Presswire, February, 2006

M2 PRESSWIRE-16 February 2006-WORLD BANK: Swedish Pensions System Could Be Promising Model For Countries Facing Reform Crunch, Says World Bank(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:16022006 BRUSSELS - Sweden's track record of pensions reform over the last ten years provides valuable lessons for wealthy, middle-income, and developing countries that worry about the continuing solvency of their current pensions systems, according to a new World Bank pensions report released in Brussels today.

In reviewing the experiences of three other countries which followed the Swedish model, Italy, Latvia, and Poland, the report says that their emphasis on non-financial defined contributions (NDC) design has allowed them to organize comprehensive reforms to their...