Browsing: reforms

As Nigeria marks its 66th independence anniversary, Nigeria’s organised private sector (OPS) has challenged the Federal Government to turn recent macroeconomic gains into measurable improvements in productivity, business competitiveness, jobs, household purchasing power, warning that stabilisation will have limited impact unless it lowers the cost of producing and living in Nigeria.

Seychelles has built one of Africa’s strongest development records, but preserving that success will require the island economy to produce more value from its workers, businesses and technology. A new World Bank report argues that carefully coordinated productivity reforms could raise incomes, create better employment and protect living standards as the population ages and employers…

Countries with larger pension systems have deeper capital markets, see chart below. The US sits at nearly 475% of GDP in pension and household investment assets, and above 200% of GDP in market capitalization. Germany, France, Italy and Spain are all well below on both measures.