• Categories
  • Archives

Old Age and Pension in Brazil and Other Countries

Anne O. Krueger, First Deputy Managing Director of the International Monetary
Fund speaks at the Jackson Hole Symposium:
“In 2001, the World Bank noted
that in Brazil, less than 1% of social security spending reached the poorest
10%, while 50% went to the wealthiest 10%. By 2020, the total public pension
system will be in deficit by something like 4.9%””an actuarial imbalance of
around 235% of GDP.”

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Unicef Donates to Stop Deaths of Brazilian Indian Kids

The United Nations Children’s Fund (Unicef) announced the donation of US$ 100 thousand for ...

Carbon Credits Should Bring Brazil US$ 160 Million a Year

World trade in carbon credits could mean benefits for Brazilian farmers, says Brazil’s Minister ...

Christmas Season Doesn’t Bring More Jobs to Brazil

Unemployment in Brazil remained unchanged in October at 9.6% compared to the previous month, ...

Brazil’s Scots Invited to Lend a Hand to Historical Tapestry Project

Expatriate Scots and descendants of Scottish immigrants across the world are being invited to ...

UN in Brazil Announces Food Prices Are Starting to Fall Worldwide

United Nations Food and Agriculture Organization's (FAO) projections point to a gradual reduction in ...

Brazilian Mission Goes to Emirates for Construction Opportunities

Santa Catarina State's Federation of Industries (Fiesc) has just launched the Brazilian Trade Mission ...

Brazil to Produce Asian Bird Flu Vaccine

The president of Brazil’s Butantã Institute, Isaí­as Raw, informed that on Tuesday, October 25, ...

Marijuana Marchers Stopped and Arrested in Brazil

A series of judicial decisions prevented Brazilians from marching for the legalization of marijuana ...

Brazilian capital Brasília's Justice Palace

The Real Cost Brazil: a Lavish State Machine That Doesn’t Deliver

A major survey of Brazil by the Economist has made the country once more ...