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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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    5. 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.
    6. 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.
    7. 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.
    8. World Bank, 2018. "The State of Social Safety Nets 2018," World Bank Publications - Books, The World Bank Group, number 29115.
    9. 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).
    10. 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.
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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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