Reisen, Helmut
Description
Product Description This book explores the international aspects of pension reform, private savings and volatile capital markets and clarifies how the
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y relate to each other. Building the case for the pension-improving benefits of global asset diversification, analysing the implications of financial reform for stimulating savings, and exploring both the benefits and risks of global capital flows to emerging markets. Pensions, Savings and Capital Flows will inform policy and academic debates on financial globalization. Review 'In this book, Helmut Reisen. . . addresses some of the major policy challenges of the day: ageing populations, the promotion of savings, and volatile capital markets. By clarifying how these challenges relate to each other, this book will usefully inform policy and academic debates on financial globalization. . . . Pensions, Savings and Capital Flows is original in highlighting the links between pension pressures, saving, and global capital flows. The essays are highly readable and well argued. Not least, they are documented with rich empirical evidence and a superb bibliography. . .' About the Author Helmut Reisen, Head of Research Division, OECD Development Centre, France and Professor of Economics, University of Basel, Switzerland
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