Korea’s Basic Old-Age Pension and its poverty reduction effects

2015 ◽  
pp. 263-283
Author(s):  
Wankyo Chung
Keyword(s):  
Old Age ◽  
Poverty Reduction

scholarly journals Are Old-age Pension System Reforms Moving Away from Individual Retirement Accounts in Latin America?

2010 ◽  
Vol 39 (2) ◽  
pp. 223-234 ◽  
Author(s):  
ESTEBAN CALVO ◽  
FABIO M. BERTRANOU ◽  
EVELINA BERTRANOU
Keyword(s):  
Latin America ◽  
Old Age ◽  
Latin American ◽  
Poverty Reduction ◽  
Pension System ◽  
Pension Reform ◽  
Pension Policy ◽  
Individual Retirement Accounts ◽  
New Politics ◽  
Retirement Accounts

AbstractThis article reviews two rounds of pension reform in ten Latin American countries to determine whether they are moving away from individual retirement accounts (IRAs). Although the idea is provocative, we conclude that the notion of ‘moving away from IRAs’ is insufficient to characterise the new politics of pension reform. As opposed to the politics of enactment of IRAs of the late twentieth century, pension reform in Latin America in recent years has combined significant revival of public components in old-age income maintenance with improvement of IRAs. Clearly, the policy prescriptions that were most influential during the first round of reforms in Latin America have been re-evaluated. The World Bank and other organisations that promoted IRAs have recognised that pension reform should pay more attention to poverty reduction, coverage and equity, and to protect participants from market risks. The experience and challenges faced by countries that introduced IRAs, the changes in policies by international financing institutions, and the recent financial volatility and heavy losses experienced in financial markets may have tempered the enthusiasm of other countries from applying the same type of reforms. Scholars and policy-makers around the globe could benefit from looking closely at these changes in pension policy.

scholarly journals Role of social safety net programmes for ensuring food security and reducing poverty in char area of Jamalpur district in Bangladesh

2019 ◽  
Vol 30 (1) ◽  
pp. 75-85
Author(s):  
SA Badhan ◽  
S Haque ◽  
M Akteruzzaman ◽  
N Zaman ◽  
K Nahar ◽  
...  
Keyword(s):  
Food Security ◽  
Old Age ◽  
Poverty Reduction ◽  
Safety Net ◽  
Primary Data ◽  
Survey Method ◽  
Calorie Intake ◽  
Consumption Pattern ◽  
Social Safety Net ◽  
The Government

The study has been conducted to assess the social safety net programmes for ensuring food security and poverty reduction in char area of Jamalpur district, Bangladesh during the period of July-August in 2016. Survey method was used to collect primary data from Madargonj upazila of Jamalpur district. A total of 60 sample households were selected purposively for collecting data where 25 were under old age allowance, 15 were widow allowance and 20 were VGF/VGD card holders. Descriptive and tabular analysis was used to achieve the major objectives of the study. There are many Safety Net Programmes launched in the study area, like old age allowance, widow allowance, VGD/VGF, test relief, food for works and so on. The findings showed that after getting the allowance, the food consumption pattern, health, etc. are improving. Before joining SSNPs, about 77% people were food insecure but now the value is 68% and their calorie intake is 1834 kcal. The food security index became 0.79 and the food insecure household fall short of required calorie intake by 18 percent. It has been found that about 55% respondents are living below the poverty line but the joining to the SSNP, their situation is improving. Finally, it can be said that the SSNPs are much effective and could be a successful poverty alleviation strategy for the Government of Bangladesh. Progressive Agriculture 30 (1): 75-85, 2019

Old Age Pension Scheme in India: Distributional Impacts

2019 ◽  
Vol 39 (2) ◽  
pp. 143-165
Author(s):  
M. R. Narayana
Keyword(s):  
Old Age ◽  
Poverty Reduction ◽  
Poverty Line ◽  
Economic Effects ◽  
Policy Support ◽  
Pension Scheme ◽  
Elderly Individuals ◽  
Socio Economic Variables ◽  
Active Policy ◽  
Distributional Impacts

This article develops an empirical framework for the estimation of the economic effects and impacts of the Indira Gandhi National Old Age Pension Scheme (IGNOAPS) and other socio-economic variables related to poverty among elderly individuals in India. Based on an official data sample of 9,852 elderly individuals, it produces evidence of the poverty-reduction effects of IGNOAPS, suggesting that it could be justified to promote more active policy support for this scheme as an instrument of poverty alleviation among elderly individuals. Four areas of policy intervention are identified for reformulation: increased pension expenditure by adjusting for inflation, linking the pension expenditure to economic growth, correction of inclusion and exclusion errors and extension of coverage to all elderly individuals in below poverty line families. It is argued that a move towards full pension provisions for all eligible elderly individuals may reduce personal income inequalities among India’s elderly population. This could also be a constitutionally sound approach applied to other countries in South Asia.

scholarly journals The Impact of Social Safety Net Programmes on Poverty Reduction in Bangladesh: An Evidence from Old Age Allowance

2019 ◽  
Vol 27 (1) ◽  
Author(s):  
Mohammad Mamun
Keyword(s):  
Elderly People ◽  
Old Age ◽  
Poverty Reduction ◽  
Qualitative Methodology ◽  
Positive Impact ◽  
Safety Net ◽  
Structure Interview ◽  
Rural Poor ◽  
Social Safety Net ◽  
The Impact

Poverty among the rural poor elderly people is a crucial issue for Bangladesh since most of the people live in a rural area and rural people are more poor and vulnerable compared to the urban population. The Old Age Allowance Program (OAAP), under Social Safety Net Programmes (SSNPs), is one of the initiatives and interventions of government to solve this problem. This study tried to explore the effectiveness of OAAP for reducing poverty among its beneficiaries, rural poor elderly people, through qualitative methodology by applying semi-structure interview and secondary sources. The findings of the present research showed that OAAP has a positive impact on reducing poverty among the rural poor elderly people. Especially OAAP ensures the access of its beneficiaries to improve food and calorie, including increasing their status within their families as well as in society. However, outcomes also suggested ensuring more transparency during the enlisting stage of beneficiaries along with increasing allowance money and coverage, involving local civil society during the primary stage of enlisting beneficiaries,  more publicity program for raising awareness among the targeted people, reducing complexity during withdrawal of allowance etc. Therefore, allocation of this benefit can be distributed based on the area, and the demographic structure of a particular district and Upazila and age can also be reduced for the rural poor women.

Sign in / Sign up

Export Citation Format

Share Document