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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.
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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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    Keywords

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