TY - GEN TI - Aging population, pension funds, and financial markets: regional perspectives and global challenges for central, eastern, and southern Europe T2 - Directions in development. Finance SN - 9780821377321 AV - HD7105.35.E852 A354 2009 PY - 2009///] CY - Washington, DC PB - World Bank ; KW - Old age pensions KW - Europe, Central KW - Finance KW - Europe, Eastern KW - Europe, Southern KW - Population aging N1 - Includes bibliographical references and index; Introduction, main messages, and policy conclusions / Robert Holzmann -- Were financial systems in CESE countries prepared for the challenges of multipillar pension reform? / Robert Holzmann, Csaba Feher, and Hermann von Gersdorff -- How can the financial markets be developed to better support funded systems? / Ricardo N. Bebczuk and Alberto R. Musalem -- Population aging and the payout of benefits / Heinz Rudolph and Roberto Rocha -- Can the financial markets generate sustained returns on a large scale? / Ricardo N. Bebczuk and Alberto R. Musalem -- Does investing in emerging markets help? / Ricardo N. Bebczuk and Alberto R. Musalem -- Will population aging impact rates of return? / Robert Holzmann ER -