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Magical Tome

Placeholder cover for Pension reform and capital market development
First published
2000
Publisher
World Bank, Development Research Group, Finance

Pension reform and capital market development

The outer archives are busy

by Dimitri Vittas

About this book

Private pension funds are neither necessary nor sufficient for capital market development. But if they are subject to conducive regulations, adopt optimizing policies, and operate in a pluralistic structure, they can have a large impact on capital market modernization and development once they reach a critical mass.

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