Governance, Performance, Costs and Policy Issues: An Analysis of Six Large (Big Six) Public Sector Pension Funds in Canada

2018 ◽  
Author(s):  
Vijay M. Jog

Significance This was the second major protest banned by the authorities in recent days, amid deepening public dissatisfaction with the government's handling of the economy. As fears grow among the ruling ZANU-PF government of a popular uprising, the security forces are intensifying a clampdown on opposition and civil society figures. Impacts Recent violence will probably delay, but not necessarily scupper plans for a new IMF funding package over the medium-to-long term. A potential increase in public-sector wages has unnerved the IMF amid fears over renewed fiscal slippages. A recent scandal over the looting of pension funds by officials has undermined already fragile confidence in government. The current public services crisis will likely worsen over the short term, as strikes by workers increase. Opposition calls for a transitional government are likely to come to naught over the short term amid entrenched ZANU-PF resistance.


2008 ◽  
Vol 5 (3) ◽  
pp. 139-158 ◽  
Author(s):  
Helen Wildsmith

As significant long-term domestic investors, South Africa‟s largest public sector pension funds have an interest in helping South Africa move onto a sustainable development path. However, this paper tentatively concludes that, although there is a possible collective developmental role for these funds, this is unlikely to occur unless leadership from government or the funds emerges. If a leadership role is chosen, government should probably focus on a transition management approach to sustainable development, trustees on the implementation of long-term investment policies, and the members of the investment community on a high leverage initiative, possibly linked to the Financial Sector Charter review. Some of the tentative conclusions reached in this paper also provide pointers for overseas pension funds and their stakeholders. Firstly, governments could support collective action between the largest public sector pension funds globally, and in return develop an unusually powerful long-term voice in support of a transition to sustainability. Secondly, a more significant role for these funds will highlight the issue of prioritisation, and the development of legitimate processes is likely to be needed. Thirdly, full implementation of genuinely long-term investment policies will probably lead to significant changes in the role funds play in the investment industry, possibly including the establishment of their own investment co-operatives.


2020 ◽  
Vol 48 (1) ◽  
pp. 111-130 ◽  
Author(s):  
Jenny M Lewis ◽  
Michael McGann ◽  
Emma Blomkamp

Responding to the need for innovation, governments have begun experimenting with ‘design thinking’ approaches to reframe policy issues and generate and test new policy solutions. This paper examines what is new about design thinking and compares this to rational and participatory approaches to policymaking, highlighting the difference between their logics, foundations and the basis on which they ‘speak truth to power’. It then examines the impact of design thinking on policymaking in practice, using the example of public sector innovation (PSI) labs. The paper concludes that design thinking, when it comes in contact with power and politics, faces significant challenges, but that there are opportunities for design thinking and policymaking to work better together.


2007 ◽  
Vol 40 (6) ◽  
pp. 36
Author(s):  
Sherry Boschert
Keyword(s):  

2001 ◽  
Vol 22 (3) ◽  
pp. 155-172 ◽  
Author(s):  
Peter Becker

Zusammenfassung: An einer Stichprobe von 115 Erwachsenen wurden fünf Hypothesen zur Struktur von Emotionen und zu den Beziehungen zwischen Emotionen und Persönlichkeitseigenschaften überprüft. Die umfangreiche Batterie von Messvariablen umfasste: 3 Verfahren zur Messung der Big Five; das Trierer Inventar zur Verhaltenskontrolle zur Messung des Big Six-Faktors “Hedonismus/Spontaneität”; 7 Skalen von Watson und Clark (1992) sowie 12 neu entwickelte Skalen zur differenzierten Erfassung von Emotionen (in Anlehnung an Davitz, 1969 ). Es wurde eine hierarchische Struktur der Emotionen mit den beiden orthogonalen Faktoren 2. Ordnung “negative Affektivität vs. innere Harmonie” und “Aktiviertheit” sowie den vier Faktoren 1. Ordnung “Missbefinden”, “freudige Aktiviertheit”, “Ängstlichkeit” und “Verärgerung” ermittelt. Das von Watson und Tellegen (1985) postulierte Circumplexmodell der Emotionen ließ sich nicht bestätigen. Zwischen den Big Six sowie den beiden Faktoren 2. Ordnung “Seelische Gesundheit” und “Verhaltenskontrolle” und den Emotionen zeigten sich zum Teil enge Zusammenhänge. Diese wurden vor dem Hintergrund zweier theoretischer Grundpositionen diskutiert.


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