Under this system, individuals contribute to personal accounts, just as they would in a pre-funded scheme.

ECONOMIST: Pensions: Fulfilling promises | The

Marije Vellekoop, the head of collections, told me of a pre-ticketing scheme that will assure the constant maximum allowable attendance.

NEWYORKER: New Amsterdam

So the pre-funded scheme he wants to set up to provide second pensions for all alongside the state system, while designed to produce the required revenue through normal investment channels, also has some all-singing, all-dancing features meant to turn it into an instrument for improving the world.

ECONOMIST: The history and future of pensions

Among the worst faults of the pre-90s regulatory scheme was that the self-regulatory organizations were little more than the lap dogs of the powerful member firms, as was revealed during the NASDAQ price-fixing investigation of the late 90s.

FORBES: Break Up the Securities and Exchange Commission

Religious tempers had been calmed, government functioning made more transparent (through the right to information law), and a series of welfare measures for the rural poor (pre-eminently, the Mahatma Gandhi National Rural Employment Guarantee scheme) initiated.

BBC: Manmohan Singh at 80