Pension Reform In Six Countries

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Pension Reform in Six Countries

Axel H. Börsch-Supan,Meinhard Miegel
Pension Reform in Six Countries Book PDF

Author : Axel H. Börsch-Supan,Meinhard Miegel
Publisher : Springer Science & Business Media
Page : 176 pages
File Size : 52,6 Mb
Release : 2012-12-06
Category : Political Science
ISBN : 9783642566967

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Pension Reform in Six Countries by Axel H. Börsch-Supan,Meinhard Miegel Pdf

AxeI Borsch-Supan and Meinhard Miegel The provision of retirement income is a dynamic system that needs to be adapted constantly to the ever changing economic and societal environment. Sometimes, incremental adaptations suffice; sometimes, however, larger reform steps are necessary. We see this evolutionary process both through history and across countries. Over and again societies are confronted with new challenges, not the least with respect to old age social security. At this juncture of history, almost all industrialized countries face rapid population aging and need. to adapt their pension systems to this historically unprecedented demographic change. The six countries in this study (Chile, Germany, Great Britain, the Netherlands, Switzerland, and the United States) have responded very differently to this new challenge. This is the point of departure for this book. Why did the countries respond so differently? What can we learn from each other? It is not the point of this book to provide a universally optimal solution to the pension problems caused by population aging. The six countries are simply too different in terms of their demographic and cultural, and in particular in terms of their historical and economic backgrounds. However, since national discussions tend to be surprisingly narrowly focussed even in times of globalization, there is much to learn by looking over the neighbor' s fence. And since some countries have reformed earlier than others, we even have the benefit of quite a few trials and errors in one country from which all other countries can learn.

Ageing and Pension Reform Around the World

Giuliano Bonoli,Toshimitsu Shinkawa
Ageing and Pension Reform Around the World Book PDF

Author : Giuliano Bonoli,Toshimitsu Shinkawa
Publisher : Edward Elgar Publishing
Page : 292 pages
File Size : 43,9 Mb
Release : 2006-01-01
Category : Social Science
ISBN : 9781845423377

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Ageing and Pension Reform Around the World by Giuliano Bonoli,Toshimitsu Shinkawa Pdf

This is an admirable example of a multi-authored comparative book. The two editors set the scene very carefully in the opening chapter and the subsequent chapters follow the framework set out and use the concepts explored there. In this never simple policy area, national systems are explained as clearly as possible by each author. Michael Hill, Journal of Social Policy This is an enlightening introduction to the global dimensions and complexity of pension reform. Recommended. J.F. O Connell, Choice Population ageing and the resulting pressures on existing pension systems constitutes one of the most important challenges modern societies will have to face over the coming decades. Although governments have responded to such pressures by adopting a plethora of pension reforms, the adaptation process is far from over. This book comprehensively documents developments in pension policy in eleven advanced industrial countries in Western Europe, East Asia and North America. In order to explore what population ageing means for the sustainability of pension systems, the authors present a detailed review of pension policy making over the past two decades and provide up-to-date analysis of current pension legislation. They examine the factors that can facilitate or impede the adaptation of pension systems and the features that shape and determine reforms. They also highlight the fact that although the path of reform taken by each country is somewhat different, the processes at work are often very similar. Ageing populations throughout the world are extremely reluctant to see their pension systems dismantled and are therefore prepared to mobilise in their defence. This process of mobilisation interacts with demographic pressures and institutional constraints to help determine the future direction of pension policy. The breadth of geographic coverage provides an almost global picture of the impact of ageing on pension reform, at least in terms of high income countries. Academics and students with an interest in economics, social policy, sociology and political science will find this a worthwhile and rewarding volume. It will also be of value to policymakers interested in how the problem of unsustainable pension systems can be resolved.

US Pension Reform

Martin Neil Baily
US Pension Reform Book PDF

Author : Martin Neil Baily
Publisher : Peterson Institute
Page : 534 pages
File Size : 42,5 Mb
Release : 2009
Category : Pensions
ISBN : 9780881325638

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US Pension Reform by Martin Neil Baily Pdf

Lessons from Pension Reform in the Americas

Stephen J. Kay,Tapen Sinha
Lessons from Pension Reform in the Americas Book PDF

Author : Stephen J. Kay,Tapen Sinha
Publisher : OUP Oxford
Page : 448 pages
File Size : 49,8 Mb
Release : 2007-11-22
Category : Business & Economics
ISBN : 9780191527692

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Lessons from Pension Reform in the Americas by Stephen J. Kay,Tapen Sinha Pdf

Latin American experiments with pension reform began when Chile converted its public pay-as-you-go system to a system of private individual accounts in the early 1980s. Several other Latin American countries then followed suit, inspired both by Chile's reforms and by World Bank recommendations stressing compulsory government-mandated individual saving accounts. Individual accounts were subsequently introduced in a number of countries in Europe and Asia. Many are now re-evaluating these privatisations in an effort to 'reform the reform' to make these systems more efficient and equitable. This volume is the first to assess pension reforms in this new 'post-privatization' era. After a discussion on demographic trends in the foreword by Nobel laureate Robert W. Fogel, Section 1 of the book includes chapters on the role of pension system default options, the impact of gender, and a discussion of the World Bank's policies on pension reform. The chapter on the evidence from Chile's new social protection survey points to key lessons from the world's first privatization. Section 2 offers in-depth analysis of several significant reform initiatives in the hemisphere, and includes chapters on the United States, Canada, Mexico, Costa Rica, Brazil, Peru, Uruguay and Argentina. The volume provides an unparalleled account of the lessons from pension reform in the Americas, addressing the most pressing policy issues and highlighting a broad range of country experiences.

Workable Pension Systems

P. Desmond Brunton
Workable Pension Systems Book PDF

Author : P. Desmond Brunton
Publisher : IDB
Page : 469 pages
File Size : 55,6 Mb
Release : 2005
Category : Pensions
ISBN : 9781931003773

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Workable Pension Systems by P. Desmond Brunton Pdf

"Based primarily on papers delivered at Pension Reform in English-Speaking Caribbean Countries : an International Symposium and Policy Seminar, which was held June 4-6, 2003, at the Caribbean Development Bank's Conference Centre in Wildey, St. Michael, Barbados"--Acknowledgments.

International Perspectives on Social Security Reform

Rudolph Gerhard Penner
International Perspectives on Social Security Reform Book PDF

Author : Rudolph Gerhard Penner
Publisher : The Urban Insitute
Page : 192 pages
File Size : 51,5 Mb
Release : 2007
Category : Business & Economics
ISBN : 0877667438

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International Perspectives on Social Security Reform by Rudolph Gerhard Penner Pdf

The aging of America's population makes it imperative that we reform Social Security, but so far we have failed. To instruct this seemingly endless quest, International Perspectives on Social Security Reform looks at public pension revision in six countries that, like the United States, are members of the OECD and have a long tradition of social security threatened by population aging. Canada, Sweden, Japan, Germany, the United Kingdom, and Italy have much to teach the United States about what works well--and what works badly. A substantive analysis of each country's reforms is augmented in commentary by distinguished economists, who offer their own opinions. Ideas examined include private accounts, notional accounts, incentives to delay retirement, and automatic systems of pension adjustment.With contributions from Real Bouchard; Stuart Butler; James C. Capretta; Agneta Kruse and Edward Palmer; Estelle James; Lawrence H. Thompson; Tetsuo Kabe; Jagadeesh Gokhale; Richard Jackson; Michael Mersmann; Maya MacGuineas; Neil Howe; Alex Beer; John Turner; Stanford G. Ross; Alicia Puente Cackley, Tom Moscovitch, and Benjamin Pfeiffer; Paul N. Van de Water; and Dalmer D. Hoskins.

The Challenge of Public Pension Reform in Advanced and Emerging Economies

Mr.Benedict J. Clements,Mr.David Coady,Frank Eich,Mr.Sanjeev Gupta,Mr.Alvar Kangur,Baoping Shang,Mauricio Soto
The Challenge of Public Pension Reform in Advanced and Emerging Economies Book PDF

Author : Mr.Benedict J. Clements,Mr.David Coady,Frank Eich,Mr.Sanjeev Gupta,Mr.Alvar Kangur,Baoping Shang,Mauricio Soto
Publisher : International Monetary Fund
Page : 86 pages
File Size : 54,6 Mb
Release : 2013-01-25
Category : Business & Economics
ISBN : 9781475566314

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The Challenge of Public Pension Reform in Advanced and Emerging Economies by Mr.Benedict J. Clements,Mr.David Coady,Frank Eich,Mr.Sanjeev Gupta,Mr.Alvar Kangur,Baoping Shang,Mauricio Soto Pdf

Pension reform is high on the policy agenda of many advanced and emerging market economies. In advanced economies the challenge is generally to contain future increases in public pension spending as the population ages. In emerging market economies, the challenges are often different. Where pension coverage is extensive, the issues are similar to those in advanced economies. Where pension coverage is low, the key challenge will be to expand coverage in a fiscally sustainable manner. This volume examines the outlook for public pension spending over the coming decades and the options for reform in 52 advanced and emerging market economies.

Pensions at a Glance 2019 OECD and G20 Indicators

OECD
Pensions at a Glance 2019 OECD and G20 Indicators Book PDF

Author : OECD
Publisher : OECD Publishing
Page : 180 pages
File Size : 41,9 Mb
Release : 2019-11-27
Category : Electronic
ISBN : 9789264876101

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Pensions at a Glance 2019 OECD and G20 Indicators by OECD Pdf

The 2019 edition of Pensions at a Glance highlights the pension reforms undertaken by OECD countries over the last two years. Moreover, two special chapters focus on non-standard work and pensions in OECD countries, take stock of different approaches to organising pensions for non-standard workers in the OECD, discuss why non-standard work raises pension issues and suggest how pension settings could be improved.

Pension Reform and the Development of Pension Systems

Emily S. Andrews
Pension Reform and the Development of Pension Systems Book PDF

Author : Emily S. Andrews
Publisher : World Bank Publications
Page : 198 pages
File Size : 53,7 Mb
Release : 2006
Category : Business & Economics
ISBN : 9780821365526

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Pension Reform and the Development of Pension Systems by Emily S. Andrews Pdf

"Formal pension systems are an important means of reducing poverty among the aged. In recent years, however, pension reform has become a pressing matter, as demographic aging, poor administration, early retirement, and unaffordable benefits have strained pension balances and overall public finances. Pension systems have become a source of macroeconomic instability, a constraint to economic growth, and an ineffective and/or inequitable provider of retirement income."

Pensions at a Glance 2021 OECD and G20 Indicators

OECD
Pensions at a Glance 2021 OECD and G20 Indicators Book PDF

Author : OECD
Publisher : OECD Publishing
Page : 224 pages
File Size : 42,9 Mb
Release : 2021-12-08
Category : Electronic
ISBN : 9789264641334

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Pensions at a Glance 2021 OECD and G20 Indicators by OECD Pdf

The 2021 edition of Pensions at a Glance highlights the pension reforms undertaken by OECD countries over the past two years. Moreover, the special chapter focuses on automatic adjustment mechanisms in pensions systems in OECD countries, discusses the usefulness and limitations of these policy instruments, and suggests ways to improve them in order to enhance the capacity of pension systems to fulfil their objectives.

Pension Reform

Robert Holzmann,Edward E. Palmer
Pension Reform Book PDF

Author : Robert Holzmann,Edward E. Palmer
Publisher : World Bank Publications
Page : 692 pages
File Size : 52,7 Mb
Release : 2006
Category : Business & Economics
ISBN : 9780821361665

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Pension Reform by Robert Holzmann,Edward E. Palmer Pdf

This book presents 25 state of the art papers on the conceptual foundations and issues surrounding Non-financial, or Notional, Defined Contribution (NDC), country implementation of NDC (Italy, Latvia, Poland, and Sweden) and case studies for countries where NDC is figured in the reform debate. This book is intended to be a handbook for academics and policy makers who want to become informed about what NDC is and to learn about the pros and cons of this attractive reform proposal.

Pensions at a Glance 2015 OECD and G20 indicators

OECD
Pensions at a Glance 2015 OECD and G20 indicators Book PDF

Author : OECD
Publisher : OECD Publishing
Page : 376 pages
File Size : 42,7 Mb
Release : 2015-12-01
Category : Electronic
ISBN : 9789264244443

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Pensions at a Glance 2015 OECD and G20 indicators by OECD Pdf

The 10-year anniversary edition of Pensions at a Glance highlights the pension reforms undertaken by OECD and G20 countries over the last two years. Two special chapters provide deeper analysis of first-tier pension schemes and of the impact of short or interrupted careers, due to late entry ...

Pensions at a Glance 2009 Retirement-Income Systems in OECD Countries

OECD
Pensions at a Glance 2009 Retirement Income Systems in OECD Countries Book PDF

Author : OECD
Publisher : OECD Publishing
Page : 280 pages
File Size : 41,5 Mb
Release : 2009-10-15
Category : Electronic
ISBN : 9789264063457

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Pensions at a Glance 2009 Retirement-Income Systems in OECD Countries by OECD Pdf

This third edition of Pensions at a Glance updates in-depth information on the key features of mandatory pension systems—both public and private—in the 30 OECD countries, including projections of retirement income for today’s workers.