Over 1.2 billion informal sector workers in developing countries are excluded from formal pension arrangements and face the grim prospect of living in poverty for over two decades after they are too old to work. Without an urgent and effective response to pension exclusion, poverty among the future elderly in developing countries will emerge as the dominant cause of increased global poverty. On the other hand, nations that succeed in achieving comprehensive coverage of public and contributions-based pension and insurance programs, will benefit from a surge in stable, long-term savings that can fuel economic growth, employment and infrastructure development. The book presents a number of new ideas on how countries can combine existing digital financial inclusion infrastructure, with well-designed pension systems to provide secure, simple and universal access to affordable pensions. It brings together a unique collection of country-level case-studies and thematic chapters by policy makers, market practitioners and academics working at the forefront of expanding digital pension inclusion. It will be an indispensable guide to anyone who wants to understand how to combine advances in ID, IT, digital payments and financial inclusion with best practice solutions in mainstream finance to design well-governed pension markets that work in the best interests of members.

Saving the Next Billion from Old Age Poverty: Global Lessons for Local Actions

Price, William

Khanna, Parul Seth

Bhardwaj, Gautam

Business & Money

Narosa Publishing House

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Books by Khanna, Parul Seth

See the best price to sell, buy, or rent books by Khanna, Parul Seth. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Saving the Next Billion from Old Age Poverty: Global Lessons for Local Actions