Books written by Mauricio Soto

Fiscal Policy and Development: Human, Social, and Physical Investments for the SDGs

Finance & Development 55 (1). https://www.imf.org/external/pubs/ft/fandd/2018/03/akitoby.htm 3 Baldacci, Emanuele, Benedict Clements,Sanjeev Gupta, andDiang Cui. 2008. “Social Spending, Human Capital, and Growth in Developing Countries.
The Challenge of Public Pension Reform in Advanced and Emerging Economies

For China, Baldacci and others (2010) find that a 1 percent increase in public spending on pensions would raise consumption by 11/2 percent. Cross-country econometric estimates in that study also imply that, for emerging Asian economies ...
The Future of Saving: The Role of Pension System Design in an Aging World

Elborgh-Woytek, K., M. Newiak, K. Kochhar, S. Fabrizio, K. Kpodar, P. Wingender, B. Clements, and G. Schwartz. 2013. “Women, Work, and the Economy: Macroeconomic Gains from Gender Equity.” IMF Staff Discussion Note SDN/13/10, ...
The Challenge of Public Pension Reform in Advanced and Emerging Economies

For example, for those ages 60–64, Duval (2003) findsfi a strong negative relationship between the “implicit tax” on earnings—defined fi as the reduction in public pension wealth from working an additional year—and the percentage change ...
Growing Pains: Is Latin American Prepared for Population Aging?

To receive the grant, a person needs to be at least 65 years old and assessed as needy, and may not receive any other incomes or pensions. Currently, about 140,000 people (about 45 percent of the elderly population that is not covered ...
The Spending Challenge of Achieving the SDGs in South Asia: Lessons from India

Goretti, Manuela, Daisaku Kihara, and Ranil Salgado, and Anne-Marie Gulde-Wolf, 2019, “Is South Asia Ready for Take Off? A Sustainable and Inclusive Growth Agenda,” IMF Departmental Paper No. 19/18 (Washington: International Monetary ...
Fiscal Challenges of Population Aging in Brazil

In recent decades, population has been aging fast in Brazil while old age pensions and healthrelated spending have increased.
Pension Reforms in Europe: How Far Have We Come and Gone?

In the past few decades, a myriad of reforms in Europe have had a significant impact on the way and extent to which public pensions provide retirement income.
The Challenge of Public Pension Reform in Advanced and Emerging Economies

This volume examines the outlook for public pension spending over the coming decades and the options for reform in 52 advanced and emerging market economies.
Reforming the Public Pension System in the Russian Federation

Pension reform is a key policy challenge in Russia.
The Challenge of Public Pension Reform in Advanced and Emerging Economies

This volume examines the outlook for public pension spending over the coming decades and the options for reform in 52 advanced and emerging market economies.
Rightsizing Brazil’s Public-Sector Wage Bill

Brazil’s public-sector wage bill is comparatively high.
Automatic Adjustment Mechanisms in Asian Pension Systems?

Automatic adjustment mechanisms (AAMs)—rules ensuring that certain characteristics of a pension system respond to demographic, macroeconomic and financial developments, in a predetermined fashion and without the need for additional ...