Personal Development Books
Related Subjects: Scouting 4-H Boys and Girls Clubs YMCA
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If you want to know about ADD�read this.Review Date: 1999-08-19

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An excellent blueprint for pension reformReview Date: 1999-03-03
Secondly, there is the incentive within both social security programmes and private, final-salary, 'defined-benefit' schemes to use early retirement as a means of unravelling lifetime employment commitments. With greater longevity, there are some countries in the world where periods of pensioned retirement are beginning to exceed the length of the working life. This puts pressure on funded pension scheme finances, let alone those of unfunded (pay-as-you-go) schemes.
Finally, there is the alleged deleterious effect of public pension commitments on private savings rates. But the Bank never clearly states either why high savings rates are important; after all, in standard models with ageing populations, a cut in the capital stock may be optimal.
Accepting the broad thrust of the bank's policy agenda, there is the important issue of heterogeneity of pension provision across countries. The basis of the Bank's generic pension reform package is the so-called 'three-pillar' approach: a first pillar of a mandatory state minimum pension (which might be income-tested, but not earnings-related); a second mandatory pillar of privately provided pensions from company defined-benefit plans or retirement savings accounts, held individually or group provided. The third pillar would be voluntary through other forms of savings (typically defined-contribution schemes).
For many countries, this 'ideal' represents a radical departure from existing practice, with much greater emphasis on private provision and funding, exploiting international capital markets to a greater extent than traditional 'provident' funds, and a significant downgrading of state, earnings-related provisions. The Bank's proposals are clearly influenced by Latin American reforms, notably Chile. A good deal of attention is paid to the 'double burden' imposed on a single generation when switching from pay-as-you-go to full funding.
The defined-contribution environment needs careful domestic regulation from the outset, such as scheme would have the added attraction for many countries of increasing the depth of the domestic capital market or allowing them to take advantage of the widening international capital market for appropriate diversification.
The Bank also underplays the public-choice aspect of pension provision: the blueprints for pension reform are to be transmuted into policy by benign governments (assisted by multilateral agencies) with a long enough time horizon to forgo any short-term redistributive considerations. And on a personal carping note, as an erstwhile consultant to the Bank on pension reform, there is, if not a gulf, at least daylight between the Bank's public position in this book and the conservative and bureaucratically-minded instincts of some of its own staff, when specific reforms along the lines proposed in this book are mooted.
The book shows how far thinking on pensions has come. Ten years ago, the case for ever-increasing state pensions could be trotted out on the spurious grounds of market failure. Defined-contribution plans would have been rejected as too risky and infeasible. And few countries would have woken up to the potential financial crisis confronting them, and to the range of options. This book is by far the best survey on international pension policies and how to adapt the demographic transition. It is of interest to economists and policy-makers alike, and shows that the 'economics of pensions' impinges on a wide range of issues of interests to economists in general.
(edited from a review in the Economic Journal, vol. 105, no. 433, pp. 1651-3.)

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Highly recommended, especially for Native American reading listsReview Date: 2008-08-12

Making your best - betterReview Date: 1999-12-16
It certainly contains a wealth of information.
Capt. Richard P. Rodericks B.Sc. MNI

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excellentReview Date: 1998-09-28


A compelling and insightful workReview Date: 2000-07-13

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A unique treatment of the Bach Flower systemReview Date: 2006-03-17

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The Master's 1st presentation of his Method's foundationsReview Date: 2003-09-18
He puts himself alongside the great masters searching for methods for cure from ailments, both physical and mental. His motto is learning, which he considers "the uniqueness of Man". Learning in the deep, dynamic, sense of perpetually creating and utilizing new options for experience and action. Continuous learning requires that we shall not forget that "...the principles we learn are themselves ephemeral and not absolute".
Here are the foundations of his approach presented to the intelligent reader. To read the book you must be willing to deal with a style of writing which, however demanding, goes straight into all topics which Moshe considered vital to his method.
A condensed description of the conditions of our existence, touching upon such topics as neurology, prehistory, child development, individual-society relationships, and more. A rare discussion of gravitation and the anti-gravity mechanism is followed by a discussion of the effects of emotion (especially anxiety and the attitude to sexuality) on posture and on personal patterns of movement. Here you can read one of Moshe's earlier presentations of the ideas that guided him through the development of his unique method and technique of therapy and instruction by direct contact with the nervous system. The aim is to re-tune it toward a gradual development of a personal style of action characterized by more freedom and elegance. If you are really interested in Moshe's ideas written in the personal, concentrated, somewhat arid style of his younger years, this book will be an exciting addition to your library for many years to come

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The obvious choiceReview Date: 2003-11-04

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Well worth reading makes a difference in your life!Review Date: 1998-03-15
Related Subjects: Scouting 4-H Boys and Girls Clubs YMCA
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