Tag: developing countries

Coins in the growing sized bottles and plant growing with savings money on photo blur cityscape on sunlight background

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…

Senior woman doing finances at home

Abstract Despite being well recognized by economists as an important social and economic force, private transfers are still little understood, and considerable debate surrounds basic questions, such as whether or how private and public transfers might interact. Nearly all empirical work to date has proceeded in piecemeal fashion, with evidence accruing from isolated, individual country…