A “New Deal” for Informal Workers in Asia

2020-05-08T14:22:06-04:00April 30, 2020|

By Era Dabla-Norris and Changyong Rhee

عربي,  中文, Español, Français,日本語, Português, Русский

Full or partial lockdowns to curb the spread of COVID-19 are having crippling effects on businesses and workers across Asia, as elsewhere. Among the most vulnerable of the workers are the ones working in part-time and temporary jobs without social insurance, and in sectors of the economy that are neither taxed, nor regulated by any form of government.

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Pension Shock

2019-03-25T10:25:08-04:00August 24, 2017|

By Mauricio Soto

August 24, 2017

Young adults in the workforce will need to build their own nest eggs in the age of public pension reforms. (photo: Ingram Publishing/Newscom).

Young adults in advanced economies must take steps to increase their retirement income security

Public pensions have played a crucial role in ensuring retirement income security over the past few decades. But for the millennial generation coming of working age now, the prospect is that public pensions won’t provide as large a safety net as they did to earlier generations. As a result, millennials should take steps to supplement their retirement income.

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