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Introduction / Yasuyuki Fuchita, Richard Herring and Robert E. Litan -- Trends in pension system reform in East Asia: Japan, Korea, and China / Akiko Nomura -- The crisis in local government pensions in the United States / Robert Novy-Marx and Joshua Rauh -- Managing risks in defined contribution plans : what does the future hold? / Olivia S. Mitchell -- Asset allocation by institutional investors after the recent financial crisis / Robert C. Pozen, Betsy Palmer, and Natalie Shapiro.
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