Paraguay : Selected Issues.

Format:

Book

Government document

Author/Creator:

International Monetary Fund. Western Hemisphere Dept.

Series:

IMF Staff Country Reports; Country Report ; No. 2017/234

IMF Staff Country Reports

Language:

English

Physical Description:

1 online resource (20 pages)

Edition:

1st ed.

Place of Publication:

Washington, D.C. : International Monetary Fund, 2017.

Summary:

This paper highlights about a relatively large young population is a key strength for Paraguay’s pension and health systems, a demographic shock will pose a key challenge. Fertility rates, measured as the number of children per woman, have already dropped substantially—from 6½ children per woman in the 1950s to 2.6 children per woman over 2010–2015. A rise in social security coverage will also impact the Instituto de Provisión Social (IPS), pension program over the longer term. Contributors have risen from 13 percent of the labor force in 2010 to around 21 percent in recent years. The authorities are also proposing new legislation to reform pension’s oversight and investments. While Paraguay’s financial system remains bank-based, the IPS and other pension funds are key institutional investors. The projections are based on a mix of data and assumptions from local and international sources. Demographic projections are those of the United Nations Population vision while data on labor force come from the International Labor Organization.

Contents:

Cover

CONTENTS

PARAGUAY'S PENSION AND HEALTH SYSTEMS

A. Introduction

B. Pensions

C. Health Expenditures

D. Financial Sector Linkages

E. Conclusion

References

BOX

1. Long-Term Health Spending Outlook: Details

FIGURES

1. Key Demographic Trends

2. Health Expenditures Relative to Key Characteristics

3. Efficiency Analysis

4. Financial Assets and Liabilities, December 2015

TABLE

1. Contributory Pension Programs in Paraguay

APPENDIX

I. Additional Estimates and Source Data.

Notes:

Description based on publisher supplied metadata and other sources.

ISBN:

9781484312223

1484312228

9781484312247

1484312244

OCLC:

999660173