The economic transformation in Central and Eastern Europe increased unemployment and pushed workers into early retirement. At the same time, the insolvency of enterprises and the growth of the informal sector reduced tax compliance and the number of contributors to the system. The resultant increase in the ratio of pensioners to contributors did not translate into an increase in pension costs relative to GDP for all countries in the region. Many countries...
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INFORMATION
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1996/10/31
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Publication
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WTP339
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1
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1
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2010/07/01
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The financing of pension systems in Central and Eastern Europe : an overview of major trends and their determinants, 1990-1993
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pension cost
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