Pension Reform in Latin America and Its Lessons for International Policymakers

Pension Reform in Latin America and Its Lessons for International Policymakers PDF Author: Tapen Sinha
Publisher: Springer Science & Business Media
ISBN: 146154503X
Category : Political Science
Languages : en
Pages : 310

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Book Description
The experience of privatization of social security has been predominantly in the Latin American region. Eight countries have undertaken either full or partial privatization of pensions: Argentina, Bolivia, Chile, Colombia, El Salvador, Mexico, Peru, and Uruguay. What did the policymakers expect? Were expectations realized? Can we learn anything from the collective experience of these countries? Can they be applied to other countries that are aspiring to privatize? How did the World Bank and other international institutions affect these policies? Pension Reform in Latin America and Its Lessons for International Policymakers analyzes in detail these important questions. The book begins with a detailed account of economic conditions in Latin America. It then discusses various models that policymakers rely on. Starting with a purely demographic model, it lays out advanced models of overlapping generations of Samuelson. The book gives extensive details of privatized pensions in each of the eight reforming countries. Two chapters are devoted to analyzing the reform in each country. Finally, detailed lessons are drawn that will help shape the debate for policymakers in other countries.

Pension Reform in Latin America and Its Lessons for International Policymakers

Pension Reform in Latin America and Its Lessons for International Policymakers PDF Author: Tapen Sinha
Publisher: Springer Science & Business Media
ISBN: 146154503X
Category : Political Science
Languages : en
Pages : 310

Get Book Here

Book Description
The experience of privatization of social security has been predominantly in the Latin American region. Eight countries have undertaken either full or partial privatization of pensions: Argentina, Bolivia, Chile, Colombia, El Salvador, Mexico, Peru, and Uruguay. What did the policymakers expect? Were expectations realized? Can we learn anything from the collective experience of these countries? Can they be applied to other countries that are aspiring to privatize? How did the World Bank and other international institutions affect these policies? Pension Reform in Latin America and Its Lessons for International Policymakers analyzes in detail these important questions. The book begins with a detailed account of economic conditions in Latin America. It then discusses various models that policymakers rely on. Starting with a purely demographic model, it lays out advanced models of overlapping generations of Samuelson. The book gives extensive details of privatized pensions in each of the eight reforming countries. Two chapters are devoted to analyzing the reform in each country. Finally, detailed lessons are drawn that will help shape the debate for policymakers in other countries.

Pension Reform in Latin America and Its Lessons for International Policymakers

Pension Reform in Latin America and Its Lessons for International Policymakers PDF Author: Tapen Sinha
Publisher: Springer
ISBN: 9781461370307
Category : Political Science
Languages : en
Pages : 306

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Book Description
The experience of privatization of social security has been predominantly in the Latin American region. Eight countries have undertaken either full or partial privatization of pensions: Argentina, Bolivia, Chile, Colombia, El Salvador, Mexico, Peru, and Uruguay. What did the policymakers expect? Were expectations realized? Can we learn anything from the collective experience of these countries? Can they be applied to other countries that are aspiring to privatize? How did the World Bank and other international institutions affect these policies? Pension Reform in Latin America and Its Lessons for International Policymakers analyzes in detail these important questions. The book begins with a detailed account of economic conditions in Latin America. It then discusses various models that policymakers rely on. Starting with a purely demographic model, it lays out advanced models of overlapping generations of Samuelson. The book gives extensive details of privatized pensions in each of the eight reforming countries. Two chapters are devoted to analyzing the reform in each country. Finally, detailed lessons are drawn that will help shape the debate for policymakers in other countries.

Keeping the Promise of Social Security in Latin America

Keeping the Promise of Social Security in Latin America PDF Author: Indermit S. Gill
Publisher: World Bank Publications
ISBN: 0821383752
Category : Political Science
Languages : en
Pages : 368

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Book Description
Empirical analysis of two decades of pioneering pension and social security reform in Latin America and the Caribbean shows that much has been achieved, but that critical challenges remain. In tackling this unfinished agenda, a great deal can be learned from the reform experience of countries in the region. 'Keeping the Promise,' produced by the chief economist's office for the Latin America and Caribbean region at the World Bank, evaluates policy reforms in 12 countries, points to successes and shortcomings, and proposes priorities and options for future reform.

Lessons from Pension Reform in the Americas

Lessons from Pension Reform in the Americas PDF Author: Stephen J. Kay
Publisher: Oxford University Press, USA
ISBN: 0199226806
Category : Business & Economics
Languages : en
Pages : 446

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Book Description
Provides an analysis of pension reform in all the major countries in the Americas, including successes and failures.

The State of State Reforms in Latin America

The State of State Reforms in Latin America PDF Author: Eduardo Lora
Publisher: World Bank Publications
ISBN: 0821365762
Category : Political Science
Languages : en
Pages : 474

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Book Description
Latin America suffered a profound state crisis in the 1980s, which prompted not only the wave of macroeconomic and deregulation reforms known as the Washington Consensus, but also a wide variety of institutional or 'second generation' reforms. 'The State of State Reform in Latin America' reviews and assesses the outcomes of these less studied institutional reforms. This book examines four major areas of institutional reform: a. political institutions and the state organization; b. fiscal institutions, such as budget, tax and decentralization institutions; c. public institutions in charge of sectoral economic policies (financial, industrial, and infrastructure); and d. social sector institutions (pensions, social protection, and education). In each of these areas, the authors summarize the reform objectives, describe and measure their scope, assess the main outcomes, and identify the obstacles for implementation, especially those of an institutional nature.

Social Protection and the Market in Latin America

Social Protection and the Market in Latin America PDF Author: Sarah M. Brooks
Publisher: Cambridge University Press
ISBN: 1139474405
Category : Political Science
Languages : en
Pages : 379

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Book Description
Social security institutions have been among the most stable post-war social programs around the world. Increasingly, however, these institutions have undergone profound transformation from public risk-pooling systems to individual market-based designs. Why has this 'privatization' occurred? Why do some governments enact more radical pension privatizations than others? This book provides a theoretical and empirical account of when and to what degree governments privatize national old-age pension systems. Quantitative cross-national analysis simulates the degree of pension privatization around the world and tests competing hypotheses to explain reform outcomes. In addition, comparative analysis of pension reforms in Argentina, Brazil, Mexico and Uruguay evaluate a causal theory of institutional change. The central argument is that pension privatization emerges from political conflict, rather than from exogenous pressures. The argument is developed around three dimensions: the double bind of globalization, contingent path-dependent processes, and the legislative politics of loss imposition.

Pension Reform

Pension Reform PDF Author: Robert Holzmann
Publisher: World Bank Publications
ISBN: 082136166X
Category : Business & Economics
Languages : en
Pages : 692

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Book Description
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.

Bounded Rationality and Policy Diffusion

Bounded Rationality and Policy Diffusion PDF Author: Kurt Weyland
Publisher: Princeton University Press
ISBN: 1400828066
Category : Political Science
Languages : en
Pages : 313

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Book Description
Why do very different countries often emulate the same policy model? Two years after Ronald Reagan's income-tax simplification of 1986, Brazil adopted a similar reform even though it threatened to exacerbate income disparity and jeopardize state revenues. And Chile's pension privatization of the early 1980s has spread throughout Latin America and beyond even though many poor countries that have privatized their social security systems, including Bolivia and El Salvador, lack some of the preconditions necessary to do so successfully. In a major step beyond conventional rational-choice accounts of policy decision-making, this book demonstrates that bounded--not full--rationality drives the spread of innovations across countries. When seeking solutions to domestic problems, decision-makers often consider foreign models, sometimes promoted by development institutions like the World Bank. But, as Kurt Weyland argues, policymakers apply inferential shortcuts at the risk of distortions and biases. Through an in-depth analysis of pension and health reform in Bolivia, Brazil, Costa Rica, El Salvador, and Peru, Weyland demonstrates that decision-makers are captivated by neat, bold, cognitively available models. And rather than thoroughly assessing the costs and benefits of external models, they draw excessively firm conclusions from limited data and overextrapolate from spurts of success or failure. Indications of initial success can thus trigger an upsurge of policy diffusion.

The Third Sector in Europe

The Third Sector in Europe PDF Author: Adalbert Evers
Publisher: Edward Elgar Publishing
ISBN: 9781843769774
Category : History
Languages : en
Pages : 300

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Book Description
The contributors examine the voluntary & non-profit sectors in Europe. They discuss a number of issues regarding this 'third' sector.

Social Security Bulletin

Social Security Bulletin PDF Author:
Publisher:
ISBN:
Category : Electronic journals
Languages : en
Pages : 496

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Book Description