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. Martin Feldstein's pro-privatization rhetoric relative to Social Security is first analyzed. A subsequent comparison his … rhetoric to that of George W. Bush concludes that both the political and the economic rhetoric of Social Security privatization …
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This paper provides the results of analyses of key problems related to pension systems and their reforms in Russia and Ukraine. The pension systems and their reforms in both countries are compared. They are also compared with the general picture observed in the OECD or selected countries...
Persistent link: https://www.econbiz.de/10010326595
This paper presents a unified analytical framework for the analysis of social security reform. It discusses reform along two dimensions: Pay-As-You-Go versus fully funded on the one hand, and actuarial versus non-actuarial on the other. Making the system more actuarial entails a trade-off...
Persistent link: https://www.econbiz.de/10010335015
The goal of this study is to present an insider view on the pension reforms implemented in Hungary between 1996 and 2009. Both political economy as well as institutional economics will be used as the main approaches to analyse and explain the reform process and some of its effects. The following...
Persistent link: https://www.econbiz.de/10010494396
Chile approved in early 2008 the replacement of her two current non-contributory subsidies for the old poor for a unified program with a pioneering design, with phase-in ending in 2012. This paper describes the political economy of this reform and evaluates it with regards to efficiency and...
Persistent link: https://www.econbiz.de/10010264535
Western governments are currently contemplating how to adapt their Pay-As-You-Go pension systems so that these remain financially sustainable, even with an aged population. To the extent that policy-makers haven't already adapted their old age social security schemes, an ageing population thus...
Persistent link: https://www.econbiz.de/10010277208
Die Nachwirkungen der Wirtschaftskrise und die Lasten der Konjunkturprogramme werden den Bund und die Länder bereits in dieser Legislaturperiode zu umfangreichen Konsolidierungsmaßnahmen zwingen, um das durch die Schuldenbremse gesteckte Ziel eines strukturell ausgeglichenen Haushalts zu...
Persistent link: https://www.econbiz.de/10010377913