Description: Arguments for establishing a monetary system based on an aggregate commodity standard.

Description: Chapter 4 describes growth issues including multiple account problems of the old SAR, the amount of money in the AFOREs, and portfolio composition in the AFOREs. From Retrospective and Perspective Analysis of the Privatized Mandatory Pension System in Mexico, M-RS02-1.

Description: This essay explores the role that the emerging defined contribution retirement system may be playing in the growth of wealth inequality in the United States. The current system leaves many Americans with little or no retirement savings. Those with higher accumulation levels appear to invest proportionally more in equities, which may have an exponential effect of balances over long time periods. The author hypothesizes that willingness to take investment risk involves the relationship between the amount an investor has accumulated and what she/he needs in order to cover basic costs of living. This is one reason that investors with greater accumulation levels may be able to earn higher rates of return. The essay concludes by suggesting that the U.S. defined contribution system should include all workers and provide additional fiduciary guidance. Examples reforms, both in the U.S. and other countries, are provided.

Description: Presented at October 1996 Annual Meeting. This session discusses recent regulatory and economic developments in Mexico, including but not limited to the devaluation of the peso, an update on NAFTA, the changing market conditions, and an update in privatization of the social security scheme.

Description: Consensus of viewpoints from a group discussion on economic forecasting at the March meeting of the Canadian Institute of Actuaries.

Description: Diverse Risks 2016 Call for Essays

Description: Argues that the suppression or mitigation of small and intermediate economic collapses means that much bigger collapses will occur instead.

Description: This session from the 1995 SOA Boston Meeting discusses the current economic situation, demographics and insurance market in other countries. The discussion addresses such issues as the changes in laws and regulations, the economic climate, cultural environments, and other factors affecting insurance. From the Record of the Society of Actuaries, Vol. 21, No. 4b.

Description: This session from the 1984 SOA Atlanta Meeting concerns the report from the General Accounting Office pertaining to the economic impact of Unisex Rating, the net costs associated with the transfer of costs because of unisex rating, possible insolvencies of life insurance companies and administrative costs.

Description: A look at recent inflation, its impact on society, how it differs from other instances of inflation throughout history, and the effectiveness of various measures to curb inflation. From Record of Society of Actuaries, Vol. 1, No. 2.