It takes the average reader and 48 minutes to read Pension Developments and Reforms in Transition Economies by Mr. Carlo Cottarelli
Assuming a reading speed of 250 words per minute. Learn more
This paper reviews developments in pension systems in 11 transition economies during the 1990s, highlighting the forces behind their rapid weakening. It focuses on the challenges these systems face—including those arising from demographic factors—and discusses why most transition countries are considering shifting, or have already shifted, from traditional defined-benefit pay-as-you-go systems to defined-contribution fully funded systems. Finally, the paper looks at the main options that arise in introducing fully funded components, including the relative mix between funding and...
Pension Developments and Reforms in Transition Economies by Mr. Carlo Cottarelli is 47 pages long, and a total of 12,079 words.
This makes it 16% the length of the average book. It also has 15% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 6 minutes to read Pension Developments and Reforms in Transition Economies aloud.
Pension Developments and Reforms in Transition Economies is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
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