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Many countries operate postal savings systems, providing people without access to banks a safe, convenient way to save.
Korean, Portuguese and Jewish immigrants also use community-based savings systems.
"Liquidity in Retirement Savings Systems: An International Comparison". Insights in the Economics of Aging.
Non-Western countries like Japan and India have used postal savings systems to reduce their economic dependence on foreign investors.
"Liquidity in Retirement Savings Systems: An International Comparison". HKS Faculty Research Working Paper Series RWP15-024, May 2015.
The second section is titled themes and invites suppliers to forward proposals for innovative or cost savings systems to help government.
Similar(44)
In 1910, Congress created a postal savings system.
"It's not a massive reconstruction of the retirement savings system.
A new postal savings system should be part of America's post-meltdown financial architecture.
The Obama administration has proposed an opt-out retirement savings system, for example.
A new postal savings system should be part of the plan.
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