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Pension Funds, Capital Controls and Macroeconomic Stability

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Organisation for Economic Co-operation and Development2026-04-11 收录
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https://www.oecd.org/en/publications/pension-funds-capital-controls-and-macroeconomic-stability_834630363647.html
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The paper discusses the pros and cons of liberalising foreign investment of pension assets in developing countries, with particular reference to Chile. The positive part of the paper examines the impact on macroeconomic policy of a small country's opening its equity market for investment; the investment strategies of, and the restrictions imposed...
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