Archive: Tamila Nutsubidze
Abstract This paper reviews the theoretical and empirical literature on micro pension products for informal sector workers in developing countries. Micro pensions provide a mechanism that allows these workers to make small or infrequent contributions to a pension system, providing the flexibility they need to accommodate their irregular income flows. The aim of micro pensions…
Abstract Georgia, like many other Eastern European countries characterized by an aging population and limited public financial resources, offers virtually complete non-contributory public pension coverage aiming at reducing poverty and inequality. However, like many other countries in the region, Georgia’s pension spending and budget deficits are projected to increase and remain at high levels for…