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Pension funds in sub-Saharan Africa

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  • Owen Nyang'oro
  • Githinji Njenga

Abstract

The population structure the world over is going through a demographic shift, and the elderly proportion is projected to increase with population growth. This change is a matter of concern for sub-Saharan African (SSA) countries, where the majority of the people are young and the rates of both population growth and unemployment are high. A good pension system provides elderly assistance and is a source of savings for long-term investment.

Suggested Citation

  • Owen Nyang'oro & Githinji Njenga, 2022. "Pension funds in sub-Saharan Africa," WIDER Working Paper Series wp-2022-95, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2022-95
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    References listed on IDEAS

    as
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    6. Katja Juvonen & Arun Kumar & Hassen Ben Ayed & Antonio Ocaña Marin, 2019. "Working Paper 325 - Unleashing the Potential of institutional investors in Africa," Working Paper Series 2451, African Development Bank.
    7. Sojo, Ana, 2014. "The Chilean system of contributory pensions as locus of rivalry and of a new social compact," Políticas Sociales 37293, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    8. Guven,Melis U. & Leite, Phillippe G., 2016. "Benefits and costs of social pensions in Sub-Saharan Africa," Policy Research Working Paper Series 107234, The World Bank.
    9. Bernard H. Casey & Roddy McKinnon, 2009. "Social pensions and policy learning: The case of southern Africa," International Social Security Review, John Wiley & Sons, vol. 62(4), pages 81-102, October.
    10. Rabah Arezki & Amadou Sy, 2016. "Financing Africa's Infrastructure Deficit: From Development Banking to Long-term Investing," Journal of African Economies, Centre for the Study of African Economies, vol. 25(suppl_2), pages 59-73.
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    Cited by:

    1. Kunal Sen, . "The drivers of investment and savings rates: An exploratory note," UNCTAD Transnational Corporations Journal, United Nations Conference on Trade and Development.

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    More about this item

    Keywords

    Elderly care; Pensions; Saving; Sub-Saharan Africa;
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