Pension Fund Capitalism: A Causal Analysis

  title={Pension Fund Capitalism: A Causal Analysis},
  author={G. Clark},
  journal={Geografiska Annaler Series B-human Geography},
  • G. Clark
  • Published 1998
  • Economics
  • Geografiska Annaler Series B-human Geography
Since 1980, U.K. individual pension and retirement assets have increased about 10 fold to about 1.1 trillion Pounds. Over the same time, U.S. household retirement assets have increased about 7 fold to more than $5 trillion. High rates of asset growth have also been observed for Australia and Canada. Notwithstanding their current high standards of living, much of continental Europe has not shared in these extraordinary rates of growth of pension assets. In fact, many analysts believe that their… Expand
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