The pension systems in southeastern Europe, which here is defined to include Albania, Bosnia, Macedonia, Montenegro, and Serbia, are facing a wide variety of interrelated problems. Contribution rates are high and have contributed to the growth of informal labor markets. The relatively high expenditures involved in most of the pension systems make it difficult to reduce contribution rates without incurring significant fiscal costs. This paper provides...
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2007/06/01
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Documento de Trabalho
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48797
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1
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1
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2010/07/01
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Disclosed
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Pension systems and labor costs in southeastern Europe
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pension system
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