Latin Pension Privatization Yields Tech Investments

November 2004
Bank Technology News;Nov2004, Vol. 17 Issue 11, p16
Trade Publication
The article informs that privatization of public pension systems in many Latin American nations has opened new markets for financial firms. But in a region plagued by a legacy of economic instability, pension administrators are employing new technology to ensure profitability. Chile was the first in the region to reform its public pension system. In 1981, the government moved to privatize the public system for all new employees. In another development, Spanish banking giant Grupo BBVA has launched an ambitious strategy to create a single, unified software platform that will serve both front and back office functions for its pension providers throughout Latin America.


Related Articles

  • The performance of newly privatized firms in selected MENA countries: The role of ownership structure, governance and liberalization policies. Ben Naceur, Samy; Ghazouani, Samir; Omran, Mohammed // International Review of Financial Analysis;2007, Vol. 16 Issue 4, p332 

    Abstract: The paper analyzes 95 newly privatized firms (NPFs) in four Middle Eastern and North African countries (Egypt, Morocco, Tunisia, and Turkey). We find that these firms experienced significant increases in profitability and operating efficiency, and significant declines in employment and...

  • Part Three: Establishing a Business: Privatization, Liberalization and Adjustment Programmes in Jordan. Hiyasat, Ahmad // Doing Business with Jordan;2004, p217 

    This article discusses the privatization, liberalization and adjustment programs in Jordan as of 2004. The efforts of the country to improve its economy are assessed. The economic reforms in the country in the 1990s are listed. Types of privatization adopted in the nation are presented.

  • PRIVATIZATION IN RUSSIA--THE ROAD TO A PEOPLE'S CAPITALISM? Biziukov, Petr; Clarke, Simon // Monthly Review: An Independent Socialist Magazine;Nov92, Vol. 44 Issue 6, p38 

    The article offers information on the privatization activities in Russia under the government of Boris Yeltsin suggesting that the country is on its road to capitalism. There have been examples in which privatization has been a means by which the enterprise administration has sought to seize...

  • Public plans and private profits.  // MEED: Middle East Economic Digest;1/2/2004, Vol. 48 Issue 1, p32 

    Presents an update on the reformation of the domestic private sector in Iran as of January 2004. Factors hampering the sector's reform process; Steps taken by the government to develop the privatization process; Responsibilities of the Iranian Privatisation Organization in the privatization...

  • Privatization in East Germany: The Delivery of an Economy. von der Heyden, Eric // Columbia Journal of World Business;Fall95, Vol. 30 Issue 3, p42 

    Soon after the re-unification of East and West Germany, the West German government chose to swiftly privatize the businesses of its former neighbor. To oversee this process, the government set up an independent agency, the Treuhandanstalt, which did its work from July 1990 to December 1994. In...

  • "Diamonds and Rust" on Russia's Road to Privatization: The Profits and Pitfalls for Western Managers. McCarthy, Daniel J.; Puffer, Sheila M. // Columbia Journal of World Business;Fall95, Vol. 30 Issue 3, p56 

    McCarthy and Puffer focus on large, state-owned Russian enterprises, and explore what changes have occurred in them during the recent privatization process. They compare the conditions facing Russian managers in these firms at the beginning of 1995 with the situations reported by managers of...

  • PRIVATIZATION PROCESS IN SERBIA: GENESIS AND POLITICAL ECONOMY CONTEXT. Ivanovic, Vladan; Duric, Duro; Nikolic, Goran // Actual Problems of Economics / Aktual'ni Problemi Ekonomìki;2014, Vol. 152 Issue 2, p59 

    The aim of this paper is to analyze the political economy context and the key developments of the privatization in Serbia. It presents the institutional history of the privatization process during the last 20 years. The analysis focuses on the political economy aspects of privatization. The...

  • The Indian Port Privatization Model: A Critique. Shashikumar, N. // Transportation Journal (American Society of Transportation & Log;Spring98, Vol. 37 Issue 3, p35 

    The article takes a look at port privatization in India. India is the world's tenth most industrialized nation. It has a population of close to one billion people, and a huge affluent domestic market, second in size only to that of the People's Republic of China. Today, the nation stands poised...

  • QUANTITATIVE AND QUALITATIVE RESULTS OF PRIVATIZATION IN LATVIA. Ozols, Edgars; Bisenieks, Jānis // Human Resources: The Main Factor of Regional Development;2010, Issue 3, p355 

    In this article is assessed the conception's course of development of normative and legal basis of privatization process, described the privatization process in circumstances of decentralization and centralization after the establishment of Privatization Agency, analyzed the number of privatized...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics