Do investment regulations compromise pension fund performance? : evidence from Latin America

This report assesses the impact of regulatory regimes on the market performance of private pension funds in Latin American countries that have undertaken reforms of their pension systems. It focuses, in particular, on the effects of " draconian " regulation, a set of rules on the industry...

• Main Author: Srinivas, P S
• Corporate Author: Banco Mundial
• Other Authors: Yermo, Juan
• Format: Book
• Published: Washington, D.C. World Bank 1999
• Series: World Bank Latin American and Caribbean studies. Viewpoints
• Subjects: 1981-2021; FONDOS DE PENSIONES; INVERSIONES; ARGENTINA; CHILE; PERU

Table of Contents:

• Executive summary
• 1. Motivation and main findings
• 2. Regulation in the Latin American pension reform model
• 3. Rationale and impact of draconian regulation
• 4. Data
• 5. An evaluation of the costs of draconian regulation
• 6. Policy implications
• 7. Conclusion
• Notes
• Bibliography
• Annex A
• Annex B
• List of tables
• List of figures.