The national pension systems problem worsens more and more, in more countries of the world. The PAY-AS-YOU-GO (PAYG) pension systems, based exclusively on the solidarity of the generations, are confronting problems more and more difficult to solve. Their origin is found in the evolution and...

Although the focus of the EU is to increase economic performance and efficiency of the common market, in the last decade, the social issue has taken a new dimension and importance in the political agenda of the EU. This material realizes an analysis from a budgetary perspective of social...