Widening and deepening the financial sector in emerging market countries means better access to credit for small businesses, more local and inward investment in infrastructure projects, and an increased tax take for vital social services. We work with governments and the IFI community to develop the financial sector.
4.7 million workers in hazardous and arduous occupations qualify for “privileged pensions” in Russia. How could the government reduce the financial impact of these pensions in a socially and politically viable manner?
Slideshow:
The Russian state pension system provides specific cover for those retirees who have worked in especially hazardous and arduous occupations. The 4.7 million beneficiaries in these categories make up just over 12 percent of all pensioners. A reform proposal by the Industry-wide Non-State Pension Funds in early 1999 had given the discussion about changing the funding of these privileged pensions renewed urgency.
Russian bank supervision (127kb)
Russian people do not have confidence in Russian banks. Will supervision and transparency rebuild trust?
Pakistan: Strengthening the budgeting framework (138kb)
Economic growth in Pakistan will come from financial structures to improve government efficiency and transparency. A medium term budgetary framework will help.
Restructuring the rural finance sector in India: Protection and access to credit for the rural poor (173kb)
How can the excellent formal rural credit infrastructure in India be extended to the 200 million rural dwellers who live below the poverty line?
The process of pension reform in Russia (134k)
