Time for Retirement


Book Description

In all Western countries, people are leaving work earlier than ever before - at a time when their life expectancy keeps increasing. How has this paradoxical process been brought about? What is the impact of labour markets and social policy? And what will be the effect of this massive lengthening of retirement? Time for Retirement addresses the 'aging of society' and the restructuring of the life course in terms of the changing relationship between work and reitrement. Detailed information based on the retirement policies of seven countries provides the basis for a comparative analysis aimed at assessing the range of possible political responses to these changes. The editors and contributors are among the leading social scientists in the field of life-course studies, aging, and social policy.







Globalization, Uncertainty and Late Careers in Society


Book Description

Globalization has been strongly shaping and transforming both national economies and individual careers in recent decades. These profound changes have had significant consequences for individual careers of men and women both during and after their employment career. This impressive new collection focuses on the effects of the globalization process on late-midlife workers and the exit from employment – a relationship that has up to now mostly been neglected in social science literature on aging and employment. The research documented within these pages poses several important questions: * Has globalization produced fundamental shifts in late-midlife workers’ labor market participation and late careers? * What transformations in old age career mobility can we observe? * How are these transformations filtered by different national institutional settings? With an impressive array of contributions, this volume will interest students and academics involved in the study of sociology, welfare and globalization.




Aging and the Macroeconomy


Book Description

The United States is in the midst of a major demographic shift. In the coming decades, people aged 65 and over will make up an increasingly large percentage of the population: The ratio of people aged 65+ to people aged 20-64 will rise by 80%. This shift is happening for two reasons: people are living longer, and many couples are choosing to have fewer children and to have those children somewhat later in life. The resulting demographic shift will present the nation with economic challenges, both to absorb the costs and to leverage the benefits of an aging population. Aging and the Macroeconomy: Long-Term Implications of an Older Population presents the fundamental factors driving the aging of the U.S. population, as well as its societal implications and likely long-term macroeconomic effects in a global context. The report finds that, while population aging does not pose an insurmountable challenge to the nation, it is imperative that sensible policies are implemented soon to allow companies and households to respond. It offers four practical approaches for preparing resources to support the future consumption of households and for adapting to the new economic landscape.




Starving the Beast


Book Description

Since the Reagan Revolution of the early 1980s, Republicans have consistently championed tax cuts for individuals and businesses, regardless of whether the economy is booming or in recession or whether the federal budget is in surplus or deficit. In Starving the Beast, sociologist Monica Prasad uncovers the origins of the GOP’s relentless focus on tax cuts and shows how this is a uniquely American phenomenon. Drawing on never-before seen archival documents, Prasad traces the history of the 1981 tax cut—the famous “supply side” tax cut, which became the cornerstone for the next several decades of Republican domestic economic policy. She demonstrates that the main impetus behind this tax cut was not business group pressure, racial animus, or a belief that tax cuts would pay for themselves. Rather, the tax cut emerged because in America--unlike in the rest of the advanced industrial world—progressive policies are not embedded within a larger political economy that is favorable to business. Since the end of World War II, many European nations have combined strong social protections with policies to stimulate economic growth such as lower taxes on capital and less regulation on businesses than in the United State. Meanwhile, the United States emerged from World War II with high taxes on capital and some of the strongest regulations on business in the advanced industrial world. This adversarial political economy could not survive the economic crisis of the 1970s. Starving the Beast suggests that taking inspiration from the European model of progressive policies embedded in market-promoting political economy could serve to build an American economy that works better for all.




Too Sick to Work?


Book Description

The idea that European welfare states are struggling to meet new social risks during a process of adaptation to a post-industrial setting has been an acknowledged theory in welfare state research for some time. The authors of this remarkable book have chosen to study a powerful indicator of how this trend might affect legal protection and access to justice for individuals: reforms in social security systems as they apply to cases of reduced earnings capacity. While previously the notion of social protection made welfare state inhabitants feel that the risk of loss of income due to physical or psychological hindrances was minimal, this sense of security can no longer be taken for granted. This book presents in-depth analyses, by nine leading scholars in social security law, of recent reforms in the field of incapacity benefits in four European countries: Germany, the United Kingdom, the Netherlands, and Sweden. The authors emphasize how recent reforms in the field of social security have been transformed into legal provisions, how the gate-keeping function is implemented in the legislation of the different countries, and to what extent the reforms have affected the legal position of the individuals concerned. They find that ever-tightening requirements designed to reduce benefit dependency, in combination with policies emphasizing individual responsibilities rather than individual rights, cause increased social risks for exposed groups. Among the specific aspects covered are the following: Measuring the reduction of earnings capacity; rights and obligations attached to reintegration into the labour market; work capability assessment procedures; "rehabilitation chains" with fixed time limits; the real and increased risk of poverty faced by long-term incapacitated persons; constitutional concerns raised by increased dependency on means-tested benefits; conditionality of benefits on work-related activities, participation in training programmes, or active job searching; and sanctions that can be applied if the claimant fails to comply with activation measures. All the country chapters provide thorough surveys of recent reforms, as well as analyses of their different weaknesses and strengths. The European dimension is explored with particular reference to anti-discrimination legislation, health and safety law as well as the Open Method of Coordination. As a systematic analysis of the current reforms relating to reduced earnings capacity, this book will attract a wide readership among lawyers and policymakers for its thorough coverage of the current landscape and the far-reaching implications it suggests. The book's systematic comparative method sheds a bright light on the challenges faced by post-industrial European welfare states, and its crystallization of the legal strategies behind the individual legal measures and reforms deepens our understanding of the institutions of social security and our awareness of the rights and obligations of exposed individuals.




Health at a Glance: Europe 2016 State of Health in the EU Cycle


Book Description

This fourth edition of Health at a Glance: Europe presents key indicators of health and health systems in the 28 EU countries, 5 candidate countries to the EU and 3 EFTA countries.







Retirement Timing and Social Stratification


Book Description

The monograph disseminates the very topical issue of retirement and its timing as the key to one of the greatest challenges facing ageing societies. Postponing retirement is now almost universally regarded as indispensable in order to relieve European welfare states from the demography-related financial pressures. This seminal study, derived from a statistical analysis of a large-scale survey data, provides a thorough understanding of the micro- and macro-level determinants of retirement timing in contemporary Western Europe. The book is the first monograph to combine the analysis of the retirement attitudes with the analysis of the retirement behaviour within one research. It tackles the question as to whether early retirement can be explained by “early exit culture”, triangulating life course theory with a social stratification approach. The author used a novel and innovative approach to obtain the results. The methodology includes: tobit models of proscriptive age norms; simulations of the impact of class structure on a country’s average retirement age; competing risks models of different work-exit modalities; duration selection models of retirement timing.