On the Governance of Public Pension Fund Management

36 Pages Posted: 20 Apr 2016

See all articles by Gregorio Impavido

Gregorio Impavido

International Monetary Fund (IMF); World Bank

Date Written: August 2002


Impavido surveys the empirical literature on the relationship between governance of public pension fund management and investment performance. He makes a preliminary attempt to identify good governance practices and distill governance guidelines aimed at reducing the political risk that is associated with central, public pension fund management. The author highlights the need for further work to support the development of a satisfactory set of governance guidelines.

This paper - a product of the Financial Sector Operations and Policy Department - is part of a larger effort in the department to study the effects of contractual savings on financial markets.

Suggested Citation

Impavido, Gregorio, On the Governance of Public Pension Fund Management (August 2002). World Bank Policy Research Working Paper No. 2878. Available at SSRN: https://ssrn.com/abstract=636241

Gregorio Impavido (Contact Author)

International Monetary Fund (IMF) ( email )

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Washington, DC 20431
United States

HOME PAGE: http://www.imf.org

World Bank ( email )

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