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Pension Funds and Financial Repression (English)

Pension funds in some economies are used as a captive audience to channel capital at below market rates to government. This policy is only one tool in the financial repression toolkit, but it is receiving increased attention as governments around the world struggle to increase fiscal space and reduce their sovereign debt burden as they rebuild their economies after the pandemic. First, this paper provides an analysis of financial repression using...
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Davis,Richard Mark; Stewart,Fiona Elizabeth; Knaack,Peter.

Pension Funds and Financial Repression (English). Equitable Growth, Finance and Institutions Insight Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/428481620721045342

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