Author : David Natali
Publisher : P.I.E-Peter Lang S.A., Editions Scientifiques Internationales
Page : 294 pages
File Size : 40,74 MB
Release : 2017
Category : Business & Economics
ISBN : 9782807602656
This book looks at the most recent developments in pension policy and politics in Europe and advances our understanding of this field
Author : Martin Feldstein
Publisher : University of Chicago Press
Page : 514 pages
File Size : 42,68 MB
Release : 2002-01-01
Category : Political Science
ISBN : 9780226241081
Social Security in the United States and in Europe is at a critical juncture. Through the essays assembled in Social Security Pension Reform in Europe, Martin Feldstein and Horst Siebert, along with a number of distinguished contributors, discuss the challenges facing Social Security reform in the aging societies of Europe. A remarkable range of European nations—Germany, France, Finland, the Netherlands, Poland, Romania, Italy, Sweden, the United Kingdom, and Hungary—have implemented or are about to implement mixed Social Security systems that combine a traditional defined benefit of the pay-as-you-go system with an individual retirement account defined contribution of a capital-funded system. The essays here highlight the problems that the European pension reform process faces and how it differs from that of the United States. This timely volume will significantly enrich the debate on pension reform worldwide.
Author : Nazaré da Costa Cabral
Publisher : Springer Nature
Page : 359 pages
File Size : 20,9 MB
Release : 2019-11-26
Category : Business & Economics
ISBN : 3030294978
This edited volume takes a closer look at various European pension-plan models and the recent challenges, trends and predictions related to the design of such schemes. The contributors analyse new ideas, both from national governments and European institutions, and consider current debates on topics such as the Capital Markets Union (CMU) and the so-called ‘European Pillar of Social Rights’ – calling for a new approach to social policy at the European level in response to common challenges, such as ageing and the digital revolution.This interdisciplinary work embraces economic, financial and legal perspectives, while focusing on previously selected coherence aspects in order to ensure that the analyses are comprehensive and globally consistent.
Author : Camila Arza
Publisher : Routledge
Page : 290 pages
File Size : 34,81 MB
Release : 2007-08-07
Category : Political Science
ISBN : 1134134363
This new book provides a cross-country comparative analysis of the key issues shaping the latest pension reforms in Europe: political games, welfare models and pathways, population reactions, and observed and expected outcomes. Pension reform has been a top policy priority for European governments in the last decade. Ageing populations, changing labour market patterns and the process of European integration are the ‘irresistible forces’ pushing for reform throughout the region. The Political Economy of Pension Reform evaluates the political forces that make pension reform viable in different national and institutional contexts and the nature of political bargains, actors and cleavages surrounding policy change. The volume also examines the nature and outcomes of pension reform experiences in Europe, searching for a solution to the financial challenge posed by growing pension budgets. By addressing the nature of change, the pathways of reform, and the outcomes of the new pension mix in the region, the authors conclude with an analysis of people’s perceptions and attitudes towards pension policy and their acceptance or otherwise of different reform options. This book will be of interest to students and scholars of international political economy, European politics, and social policy.
Author : Mr. Alvar Kangur
Publisher : International Monetary Fund
Page : 26 pages
File Size : 34,83 MB
Release : 2021-07-16
Category : Business & Economics
ISBN : 1513588842
The Greek pension system has been costly, complex, and distortive, which has contributed to Greece’s fiscal problems and discouraged labor force participation. Several attempts to reform the system faltered due to lack of implementation, pushback by vested interests, and court rulings leading to reversals. A series of reforms introduced throughout 2015–17 unified benefit and contribution rules, removed several distortions and reduced fragmentation and costs. If fully implemented throughout the long-term, these reforms can go a long way towards enhancing the pension system affordability. However, reforms faced setbacks and fell short of creating stronger incentives to build long contribution histories, to deliver sustainable growth by improving the fiscal policy mix, and to ensure fairness and equitable burden sharing across generations and interest groups. Policy priorities should aim towards fully implementing the 2015–17 reforms and complementing them with additional reforms to address these remaining objectives.
Author : Marta Peris-Ortiz
Publisher : Springer Nature
Page : 487 pages
File Size : 45,86 MB
Release : 2020-03-20
Category : Business & Economics
ISBN : 3030379124
This book examines the major economic challenges associated with the sustainability of public pensions, specifically demographic change, labor-market relations, and risk sharing. The issue of public pensions occupies the political and economic agendas of many major governments in the world. International organizations such as the World Bank and the OECD warn that the economic changes driven by an aging society negatively affects the sustainability of pension systems. This book analyzes different global public pension systems to offer policies, methods and tools for sustainable public pensions. Real case studies from France, Sweden, Latin America, Algeria, USA and Mexico are featured.
Author : Bernhard Ebbinghaus
Publisher : OUP Oxford
Page : 480 pages
File Size : 23,82 MB
Release : 2011-03-03
Category : Political Science
ISBN : 0199586020
Sustainable and adequate old age pensions in ageing societies have become a major topic on the political agenda. This book describes the shift from public to private pensions and explains the differences across ten European countries.
Author : David Natali
Publisher : Peter Lang
Page : 294 pages
File Size : 25,62 MB
Release : 2008
Category : Business & Economics
ISBN : 9789052014609
This title gives scholars, students and policy-makers a comprehensive description of national retirement programmes as well as theoretical analysis of the reform politics, output and outcomes with a focus on national and European dynamics.
Author : Einar Overbye
Publisher : Routledge
Page : 325 pages
File Size : 29,75 MB
Release : 2017-11-28
Category : Business & Economics
ISBN : 1351151789
Throughout the developed world, public and private pension schemes face major challenges that are creating irresistible pressures for reform. Major structural changes in Latin America and in Central and Eastern Europe have led to particularly fierce pressure. Two member states of the European Union - Italy and Sweden - have introduced radical reform of their public pensions systems; controversial pension reforms have been proposed in France and Germany; and the British government has been widely criticized over its pension reforms and its 2002 white paper. This exceptional volume examines the challenges faced by pension schemes in the advanced economies and the reforms that have been introduced to tackle these challenges. A team of international contributors provides an up-to-date, invaluable analysis of different aspects of pension problems, prospects and reforms. The book incorporates cross-national chapters as well as a focus on individual countries including Belgium, Brazil, Colombia, Finland, Greece, Italy, Sweden, the UK and the USA.
Author : Samuel Pienknagura
Publisher : International Monetary Fund
Page : 52 pages
File Size : 50,85 MB
Release : 2021-09-10
Category : Business & Economics
ISBN : 151359611X
Chile’s pension system came under close scrutiny in recent years. This paper takes stock of the adequacy of the system and highlights its challenges. Chile’s defined contribution system was quite influential when introduced, and was taken as an example by other countries. However, it is now delivering low replacement rates relative to OECD peers, as its parameters did not adapt over time to changing demographics and global returns, while informality persists in the labor market. In the absence of reforms, the system’s inability to deliver adequate outcomes for a large share of participants will continue to magnify, as demographic trends and low global interest rates will continue to reduce replacement rates. In addition, recent legislation allowing for pension savings withdrawals to counter the effects from the COVID-19 pandemic, is projected to further reduce replacement rates and increase fiscal costs. A substantial improvement in replacement rates is feasible, via a reform that raises contribution rates and the retirement age, coupled with policies that increases workers’ contribution density.
