Among other things, this enables economists to gain a better understanding of the impact of globalisation on the labour market. Issues related to this subject are naturally of paramount interest for policy-makers. Although resource reallocation has always been a key determinant of economic growth, it also involves costs that need to be taken into account.
If we get it right, these changes would give sponsors the appropriate degree of flexibility needed to manage risk effectively. And, ultimately, Canada can have a better-managed pension system that is good for members, good for employers, good for the economy, and good for Canadian society. BIS Review 47/2007  5