The Political Economy Of Pension Financialisation

Author : Anke Hassel,Tobias Wiß
Publisher : Routledge
Page : 272 pages
File Size : 42,9 Mb
Release : 2020-05-21
Category : Law
ISBN : 9781000710991

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The Political Economy of Pension Financialisation by Anke Hassel,Tobias Wiß Pdf

The Political Economy of Pension Financialisation addresses – for numerous countries – how and why pension reforms have come to rely more on financial markets, how public policy reacted to financial crises, and regulatory variation. The book demonstrates how the process of pension financialisation reveals that pension policy is not only a social policy that affects retirement income, but also a financial policy that impacts savings rates, corporate finance and the economy. The chapters shed light on pre-funded private pensions as one key component of financialisation, as they turn savings into investments via financial services providers. Readers will also see how pension financialisation and the broader financialisation of the economy are here to stay, despite negative developments during and after the financial crisis. A systematic and comparative overwiew of the financialisation of pensions, The Political Economy of Pension Financialisation is ideal for scholars and postgradues working on Political Economy, Public Policy and Finance. This book was originally published as a special issue of the Journal of European Public Policy.

Author : Martin Rein,Winfried Schmähl
Publisher : Edward Elgar Publishing
Page : 490 pages
File Size : 49,9 Mb
Release : 2004
Category : Business & Economics
ISBN : STANFORD:36105118022537

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Rethinking the Welfare State by Martin Rein,Winfried Schmähl Pdf

The contributions to this volume offer an analysis of the pensions crisis: how it has come about, what it means and what measures can be taken to offset the effects of a massive shortfall between the available resources and public expectations.

Author : Katharina Müller
Publisher : Edward Elgar Publishing
Page : 248 pages
File Size : 42,7 Mb
Release : 1999
Category : Business & Economics
ISBN : STANFORD:36105024921095

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The Political Economy of Pension Reform in Central-Eastern Europe by Katharina Müller Pdf

This volume contains the findings of the research project "Institutional Change in Social Security: Pension Reforms in Poland, Hungary and the Czech Republic," which was completed in early 1999. Muller, a research fellow with the Frankfurt Institute for Transformation Studies at the European University Viadrina, examines the partial privatization path that Poland and Hungary chose, and compares their Latin American-styled methods to those of the Czech Republic (which fall well within the boundaries of the Bismarckian-Beveridgean pension traditions). In particular, she looks at which structural-institutional and actor-related factors account for radial pension reform. Annotation copyrighted by Book News, Inc., Portland, OR

Author : Craig Berry
Publisher : Unknown
Page : 0 pages
File Size : 46,8 Mb
Release : 2021
Category : Electronic books
ISBN : 0191826022

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Pensions Imperilled by Craig Berry Pdf

Private pensions provision in the UK is in crisis. Through a political economy perspective, this book explores how financial security in retirement has been endangered through the response of policy-makers to wider social and economic change, making a unique contribution to our understanding of financialization, neoliberalism, and the welfare state.

Author : Richard Lee Deaton
Publisher : Unknown
Page : 510 pages
File Size : 41,7 Mb
Release : 1989
Category : Business & Economics
ISBN : UCAL:B3716635

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The Political Economy of Pensions by Richard Lee Deaton Pdf

In 2011, the 'Baby Boom' generation will begin to retire. Bythen, the stark reality of the 'greying' of the population inNorth America and Western Europe will have brought the inadequacies ofthe state and private pension systems home to all levels of society,and the pension crisis will be actual rather than impending. In ThePolitical Economy of Pensions, Richard Deaton explores the factorsinvolved in this high-profile issue of public policy and shows theinsufficiency of recent reform initiatives in Canada, the UnitedStates, and Britain. Four converging considerations explain theimminence of the pension crisis.

Author : Oliver Pamp
Publisher : Unknown
Page : 128 pages
File Size : 51,6 Mb
Release : 2015
Category : Electronic
ISBN : 3658086165

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Political Preferences and the Aging of Populations by Oliver Pamp Pdf

Oliver Pamp analyzes the likelihood and extent of pension reforms from a political-economy perspective. It is shown that voters' preferences for or against reforms are influenced by a societies' demographic development, the generosity of its existing public pension scheme and its electoral system. The author extensively reviews existing formal models of pension systems, discusses their merits and limitations, and develops a three-period overlapping generations model. The model's insights regarding individual reform preferences are then put into the context of different electoral systems, thus emphasizing the important role of electoral institutions in the aggregation of societal preferences. Finally, using cross-national survey data, logit and ordered-logit analyses tentatively confirm some of the model's main implications. Contents Population Aging and its Economic and Financial Consequences Formal Models of Pension Systems Pension Preferences and Reform - A Political-Economy Model Econometric Analyses of Cross-National Survey Data on Individual Pension Reform Preferences Target Groups Researchers, lecturers and students of political science and economics The Author Oliver Pamp is lecturer for empirical and formal methods at the Geschwister Scholl Institute of Political Science at the Ludwig Maximilians University in Munich (Germany). His research focuses, among other things, on the political economy of government budgets and social policy.

Author : Eileen Norcross,Daniel J. Smith
Publisher : Cambridge University Press
Page : 128 pages
File Size : 55,6 Mb
Release : 2021-09-02
Category : Business & Economics
ISBN : 9781009027021

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The Political Economy of Public Pensions by Eileen Norcross,Daniel J. Smith Pdf

Public pensions in the United States face an impending funding crisis in the wake of the financial crisis and the COVID-19 recession. Many cities and states will struggle to meet these growing obligations without major cuts in government services, reneging on pension promises, or raising taxes. This Element examines the development of the pension crisis through the lens of political economy. We analyze the knowledge and incentive problems inherent in the institutional structure, governance, and accounting of public pensions. We conclude by offering several institutional, governance, and reporting reforms to address the pension funding crisis.

Author : Sarah Wilson Sokhey
Publisher : Cambridge University Press
Page : 273 pages
File Size : 42,8 Mb
Release : 2017-10-26
Category : Business & Economics
ISBN : 9781107189850

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The Political Economy of Pension Policy Reversal in Post-Communist Countries by Sarah Wilson Sokhey Pdf

This book examines how and why policies are reversed by focusing on post-communist backtracking on pension privatization.

Author : Richard Minns
Publisher : Unknown
Page : 24 pages
File Size : 48,7 Mb
Release : 1995
Category : Pensions
ISBN : 1899134077

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The Political Economy of Pensions by Richard Minns Pdf

Author : Kurt Mettenheim
Publisher : Routledge
Page : 230 pages
File Size : 54,7 Mb
Release : 2021-09-23
Category : Business & Economics
ISBN : 9781000449679

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Political Economy of Financialization in the United States by Kurt Mettenheim Pdf

Combining balance sheet analysis with historical institutional analysis, this book traces the evolution of social sector financial balance sheets in the US from 1960 to 2018. This innovative historical-institutional approach, ranging from the micro level of households to the macro level of the federal government, reveals that the displacement of households by banks has been a long-term process. This gradual compounding of financialization is at odds with widely accepted views about financialization, contemporary banking theory, financial intermediation theory, and post-Keynesian and endogenous money approaches. The book returns to time-tested traditional principles of banking and taps unexpected affinities about market failures in transaction cost economics, financial intermediation theory, and core ideas in classic modern political and social economy about economic moralities and social reactions of self-defense against unfettered markets. This book provides an alternative explanation for the rise of finance and new ways to think about averting financialization and its devastating consequences. This book marks a significant contribution to the literature on financialization, social economics, banking, and the American political economy.

Author : John Myles
Publisher : Boston ; Toronto : Little, Brown
Page : 168 pages
File Size : 41,9 Mb
Release : 1984
Category : Business & Economics
ISBN : UOM:39015009932156

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Old Age in the Welfare State by John Myles Pdf

Author : Camila Arza,Martin Kohli
Publisher : Unknown
Page : 0 pages
File Size : 53,9 Mb
Release : 2011-03-11
Category : Pensions
ISBN : 0415663733

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Pension Reform in Europe by Camila Arza,Martin Kohli Pdf

Providing a cross-country analysis of the key issues shaping the pension reforms in Europe: political games, welfare models and pathways, population reactions and observed and expected outcomes, this book evaluates the political forces that make pension reform viable in different national and institutional contexts.

Author : Manuel B. Aalbers
Publisher : Routledge
Page : 184 pages
File Size : 44,8 Mb
Release : 2016-05-05
Category : Business & Economics
ISBN : 9781317361787

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The Financialization of Housing by Manuel B. Aalbers Pdf

Due to the financialization of housing in today’s market, housing risks are increasingly becoming financial risks. Financialization refers to the increasing dominance of financial actors, markets, practices, measurements and narratives. It also refers to the resulting structural transformation of economies, firms, states and households. This book asserts the centrality of housing to the contemporary capitalist political economy and places housing at the centre of the financialization debate. A global wall of money is looking for High-Quality Collateral (HQC) investments, and housing is one of the few asset classes considered HQC. This explains why housing is increasingly becoming financialized, but it does not explain its timing, politics and geography. Presenting a diverse range of case studies from the US, the UK, the Netherlands, Germany, Italy and Spain, the chapters in this book include coverage of the role of the state as the driver of financialization processes, and the part played by local and national histories and institutions. This cutting edge volume will pave the way for future research in the area. Where housing used to be something "local" or "national", the two-way coupling of housing to finance has been one crucial element in the recent crisis. It is time to reconsider the financialization of both homeownership and social housing. This book will be of interest to those who study international economics, economic geography and financialization.

Author : Alan T. Peacock
Publisher : Unknown
Page : 18 pages
File Size : 43,8 Mb
Release : 1986-01-01
Category : Pensions
ISBN : 0951012231

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The Political Economy of Pension Provision by Alan T. Peacock Pdf

Author : Philip Mader,Daniel Mertens,Natascha van der Zwan
Publisher : Routledge
Page : 564 pages
File Size : 46,8 Mb
Release : 2020-02-05
Category : Business & Economics
ISBN : 9781351390361

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The Routledge International Handbook of Financialization by Philip Mader,Daniel Mertens,Natascha van der Zwan Pdf

Financialization has become the go-to term for scholars grappling with the growth of finance. This Handbook offers the first comprehensive survey of the scholarship on financialization, connecting finance with changes in politics, technology, culture, society and the economy. It takes stock of the diverse avenues of research that comprise financialization studies and the contributions they have made to understanding the changes in contemporary societies driven by the rise of finance. The chapters chart the field’s evolution from research describing and critiquing the manifestations of financialization towards scholarship that pinpoints the driving forces, mechanisms and boundaries of financialization. Written for researchers and students not only in economics but from across the social sciences and the humanities, this book offers a decidedly global and pluri-disciplinary view on financialization for those who are looking to understand the changing face of finance and its consequences.