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Social Security in the United States and in Europe is at a critical juncture. Through the essays assembled in Social Security Pension Reform in Europe, Martin Feldstein and Horst Siebert, along with a number of distinguished contributors, discuss the challenges facing Social Security reform in the aging societies of Europe. A remarkable range of European nations—Germany, France, Finland, the Netherlands, Poland, Romania, Italy, Sweden, the United Kingdom, and Hungary—have implemented or are about to implement mixed Social Security systems that combine a traditional defined benefit of the pay-as-you-go system with an individual retirement account defined contribution of a capital-funded system. The essays here highlight the problems that the European pension reform process faces and how it differs from that of the United States. This timely volume will significantly enrich the debate on pension reform worldwide.
Book Synopsis Social Security Pension Reform in Europe by : Martin Feldstein
Download or read book Social Security Pension Reform in Europe written by Martin Feldstein and published by University of Chicago Press. This book was released on 2009-02-15 with total page 515 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social Security in the United States and in Europe is at a critical juncture. Through the essays assembled in Social Security Pension Reform in Europe, Martin Feldstein and Horst Siebert, along with a number of distinguished contributors, discuss the challenges facing Social Security reform in the aging societies of Europe. A remarkable range of European nations—Germany, France, Finland, the Netherlands, Poland, Romania, Italy, Sweden, the United Kingdom, and Hungary—have implemented or are about to implement mixed Social Security systems that combine a traditional defined benefit of the pay-as-you-go system with an individual retirement account defined contribution of a capital-funded system. The essays here highlight the problems that the European pension reform process faces and how it differs from that of the United States. This timely volume will significantly enrich the debate on pension reform worldwide.
The twelve remarkable essays in this book explore this vital issue from a number of enlightening perspectives. European Social Security and Global Politics represents a partial gleaning of the September 2001 conference-held in Bergen, Norway-of the European Institute of Social Security, a leading multidisciplinary research group and the vanguard of the debate on social security in Europe. Fifteen highly committed researchers and administrators from all over Europe offer in-depth analysis and conclusions in such crucial areas as: how globalisation increases inequality and hinders redistribution of wealth how certain social security policies hamper the free movement of workers the elusive promise of regional social security in Europe essential elements of any proposed global social security policy various reform initiatives for the fair administration of pension schemes In addition to the invaluable individual insights advanced in each paper, two notable trends seem to pervade the entire conference. One is the growing divergence of social security policy within European countries, coexisting uneasily with EU measures against social exclusion; the other is the sudden clarity of principle and design in the European welfare state when seen against the virtual anarchy of the globalisation model. Where these trends may lead us is only beginning to come into focus, and this book is among the first to sharpen the images of the possible futures in European social security that are likely to emerge in the next decade. All professionals in any aspect of social security policy or study will benefit enormously from this provocative book, not only in Europe but throughout the world.
Book Synopsis European Social Security and Global Politics:Eiss Yearbook by : European Institute for Social Security. Conference
Download or read book European Social Security and Global Politics:Eiss Yearbook written by European Institute for Social Security. Conference and published by Kluwer Law International B.V.. This book was released on 2003-01-01 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: The twelve remarkable essays in this book explore this vital issue from a number of enlightening perspectives. European Social Security and Global Politics represents a partial gleaning of the September 2001 conference-held in Bergen, Norway-of the European Institute of Social Security, a leading multidisciplinary research group and the vanguard of the debate on social security in Europe. Fifteen highly committed researchers and administrators from all over Europe offer in-depth analysis and conclusions in such crucial areas as: how globalisation increases inequality and hinders redistribution of wealth how certain social security policies hamper the free movement of workers the elusive promise of regional social security in Europe essential elements of any proposed global social security policy various reform initiatives for the fair administration of pension schemes In addition to the invaluable individual insights advanced in each paper, two notable trends seem to pervade the entire conference. One is the growing divergence of social security policy within European countries, coexisting uneasily with EU measures against social exclusion; the other is the sudden clarity of principle and design in the European welfare state when seen against the virtual anarchy of the globalisation model. Where these trends may lead us is only beginning to come into focus, and this book is among the first to sharpen the images of the possible futures in European social security that are likely to emerge in the next decade. All professionals in any aspect of social security policy or study will benefit enormously from this provocative book, not only in Europe but throughout the world.
This new book provides a cross-country comparative analysis of the key issues shaping the latest pension reforms in Europe: political games, welfare models and pathways, population reactions, and observed and expected outcomes. Pension reform has been a top policy priority for European governments in the last decade. Ageing populations, changing labour market patterns and the process of European integration are the ‘irresistible forces’ pushing for reform throughout the region. The Political Economy of Pension Reform evaluates the political forces that make pension reform viable in different national and institutional contexts and the nature of political bargains, actors and cleavages surrounding policy change. The volume also examines the nature and outcomes of pension reform experiences in Europe, searching for a solution to the financial challenge posed by growing pension budgets. By addressing the nature of change, the pathways of reform, and the outcomes of the new pension mix in the region, the authors conclude with an analysis of people’s perceptions and attitudes towards pension policy and their acceptance or otherwise of different reform options. This book will be of interest to students and scholars of international political economy, European politics, and social policy.
Book Synopsis Pension Reform in Europe by : Camila Arza
Download or read book Pension Reform in Europe written by Camila Arza and published by Routledge. This book was released on 2007-08-07 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new book provides a cross-country comparative analysis of the key issues shaping the latest pension reforms in Europe: political games, welfare models and pathways, population reactions, and observed and expected outcomes. Pension reform has been a top policy priority for European governments in the last decade. Ageing populations, changing labour market patterns and the process of European integration are the ‘irresistible forces’ pushing for reform throughout the region. The Political Economy of Pension Reform evaluates the political forces that make pension reform viable in different national and institutional contexts and the nature of political bargains, actors and cleavages surrounding policy change. The volume also examines the nature and outcomes of pension reform experiences in Europe, searching for a solution to the financial challenge posed by growing pension budgets. By addressing the nature of change, the pathways of reform, and the outcomes of the new pension mix in the region, the authors conclude with an analysis of people’s perceptions and attitudes towards pension policy and their acceptance or otherwise of different reform options. This book will be of interest to students and scholars of international political economy, European politics, and social policy.
This collection of papers focuses on the recent pension reform experiences in Central-Eastern Europe, while starting from a broader theoretical and empirical context. It provides evidence for the political feasibility of radical pension reform, considered unlikely in the West. The approach is both multi-disciplinary and cross-regional: The book contains papers by economists, political scientists and sociologists. The authors come from Germany, Poland, Hungary, the Czech Republic, and the US. The volume consists of four parts: First, general questions of transformation and social security in post-1989 Central Eastern Europe are addressed, followed by an introduction into issues and role models in the international pension reform debate. Then, three Central European country cases are presented, analysing institutional legacies, recent reform measures and relevant political actors. A comparative section on Central-Eastern European pension reforms concludes this book.
Book Synopsis Transformation of Social Security by : Katharina Müller
Download or read book Transformation of Social Security written by Katharina Müller and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of papers focuses on the recent pension reform experiences in Central-Eastern Europe, while starting from a broader theoretical and empirical context. It provides evidence for the political feasibility of radical pension reform, considered unlikely in the West. The approach is both multi-disciplinary and cross-regional: The book contains papers by economists, political scientists and sociologists. The authors come from Germany, Poland, Hungary, the Czech Republic, and the US. The volume consists of four parts: First, general questions of transformation and social security in post-1989 Central Eastern Europe are addressed, followed by an introduction into issues and role models in the international pension reform debate. Then, three Central European country cases are presented, analysing institutional legacies, recent reform measures and relevant political actors. A comparative section on Central-Eastern European pension reforms concludes this book.
Demographic realities will soon force developed countries to find ways to pay for longer retirements for more people. In Pension Strategies in Europe and the United States, leading economists analyze topical issues in pension policy, with a focus on raising the retirement age, increasing retirement savings, and the political sustainability of reforms that will accomplish these goals. After a substantive and wide-ranging introduction by the editors that weaves together the demographic and economic strands of the story, the chapters present cutting-edge research, offering both theoretical and empirical analyses. Contributors examine such topics as the reform of key structural features of existing pay-as-you-go (PAYG) pension systems, analyzing how benefits should vary with the age of retirement, labor supply elasticity after France's 1993 pension reform, and fiscal response to a demographic shock; the feasibility of PAYG reforms in the United States and the competition among state pension systems that results from labor mobility in Europe; and private, funded systems (increasingly perceived as necessary adjuncts to PAYG systems) in the UK, the US, and the Netherlands, and in terms of individual portfolio management. The editors conclude the volume with a study of recent German and UK reforms and their effects on personal savings.ContributorsTheodore C. Bergstrom, A. Lans Bovenberg, Antoine Bozio, Woojen Chung, Juan C. Conesa, Gabrielle Demange, Richard Disney, Carl Emmerson, Robert Fenge, Luisa Fuster, Carlos Garriga, Christian Gollier, John L. Hartman, Ayse Imrohoroglu, Selahattin Imrohoroglu, Thijs Knaap, Georges de Ménil, Pierre Pestieau, Eytan Sheshinski, Matthew WakefieldRobert Fenge is Senior Research Fellow at the Ifo Institute for Economic Research and Assistant Professor of Economics at the University of Munich. Georges de Ménil is Professor of Economics at École des Hautes Études en Sciences Sociales (EHESS), Paris. Pierre Pestieau is Professor of Economics at the University of Liège. Fenge and Pestieau are coauthors of Social Security and Early Retirement (MIT Press, 2005).
Book Synopsis Pension Strategies in Europe and the United States by : Robert Fenge
Download or read book Pension Strategies in Europe and the United States written by Robert Fenge and published by MIT Press. This book was released on 2008 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: Demographic realities will soon force developed countries to find ways to pay for longer retirements for more people. In Pension Strategies in Europe and the United States, leading economists analyze topical issues in pension policy, with a focus on raising the retirement age, increasing retirement savings, and the political sustainability of reforms that will accomplish these goals. After a substantive and wide-ranging introduction by the editors that weaves together the demographic and economic strands of the story, the chapters present cutting-edge research, offering both theoretical and empirical analyses. Contributors examine such topics as the reform of key structural features of existing pay-as-you-go (PAYG) pension systems, analyzing how benefits should vary with the age of retirement, labor supply elasticity after France's 1993 pension reform, and fiscal response to a demographic shock; the feasibility of PAYG reforms in the United States and the competition among state pension systems that results from labor mobility in Europe; and private, funded systems (increasingly perceived as necessary adjuncts to PAYG systems) in the UK, the US, and the Netherlands, and in terms of individual portfolio management. The editors conclude the volume with a study of recent German and UK reforms and their effects on personal savings.ContributorsTheodore C. Bergstrom, A. Lans Bovenberg, Antoine Bozio, Woojen Chung, Juan C. Conesa, Gabrielle Demange, Richard Disney, Carl Emmerson, Robert Fenge, Luisa Fuster, Carlos Garriga, Christian Gollier, John L. Hartman, Ayse Imrohoroglu, Selahattin Imrohoroglu, Thijs Knaap, Georges de Ménil, Pierre Pestieau, Eytan Sheshinski, Matthew WakefieldRobert Fenge is Senior Research Fellow at the Ifo Institute for Economic Research and Assistant Professor of Economics at the University of Munich. Georges de Ménil is Professor of Economics at École des Hautes Études en Sciences Sociales (EHESS), Paris. Pierre Pestieau is Professor of Economics at the University of Liège. Fenge and Pestieau are coauthors of Social Security and Early Retirement (MIT Press, 2005).
The need for pension reform is an increasingly important issue on the economic reform agenda of most European countries, although there has been considerable variation in the approaches adopted. This publication contains a selection of papers from leading scholars and practitioners in the fields of economics and political science, which seek to provide an insight into the process and progress of European pension reform and to highlight areas for further research.
Book Synopsis Pension Reform in Europe by : Robert Holzmann
Download or read book Pension Reform in Europe written by Robert Holzmann and published by World Bank Publications. This book was released on 2003 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: The need for pension reform is an increasingly important issue on the economic reform agenda of most European countries, although there has been considerable variation in the approaches adopted. This publication contains a selection of papers from leading scholars and practitioners in the fields of economics and political science, which seek to provide an insight into the process and progress of European pension reform and to highlight areas for further research.
This book contributes to the growing amount of literature that is concerned with the relationship between globalisation and social security. The aim of this work is, first, to clarify the impact of the globalisation process on social security systems and, second, to formulate substantive and technical proposals for the adaptation of existing social security schemes to an altered socio-economic context and for the elaboration of international legal instruments aimed at an effective substantive and procedural protection of social security as a fundamental right.The report is divided into three parts. The first part is concerned with the social impact of globalisation and its consequences for social security systems in the high-income economies. The first article of this section considers the nature of globalisation as well as its social impact. It spells out some fundamental challenges facing social security systems. The following article elaborates further on one specific challenge, that is: the need for social security to adapt to the increased territorial mobility of workers.The second part looks at the effects of globalisation on social security in relation to middle- and low-income countries and examines the extent to which existing arrangements in these countries are able to provide adequate income protection to me majority of the population. For the group of middle-income countries, the relevance of globalisation for the privatisation of pension systems is analysed as well as the consequences with respect to their main social functions, i.e. the provision of old-age income security and income redistribution. This is done so through a comparative analysis of Latin American countries that have implemented pension policy reform. The following two articles consider the experience of social security systems in low-income countries. In the first article the impact and challenges of globalisation for existing formal and informal social security arrangements in low-income countries are explored and options are suggested for alternative approaches to social security provision that are better suited to the circumstances of low-income countries. The arguments have been illustrated with evidence from Cote d'Ivoire, a country with a socio-economic situation and social security framework that is typical for the majority of low-income countries. The second article discusses in greater depth the link between informal economic and social security in Sub-Saharan Africa.Finally, the third part calls for a global approach to social security. To this end, the first article in this section outlines a possible strategy for a generalised social protection at the global level based on the human damage theory while the last chapter of this work is concerned with the international legal instruments most appropriate for a better substantive and procedural protection of social security as a basic human right.
Book Synopsis Social Protection Globalised by : Jos Berghman
Download or read book Social Protection Globalised written by Jos Berghman and published by Leuven University Press. This book was released on 2005 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contributes to the growing amount of literature that is concerned with the relationship between globalisation and social security. The aim of this work is, first, to clarify the impact of the globalisation process on social security systems and, second, to formulate substantive and technical proposals for the adaptation of existing social security schemes to an altered socio-economic context and for the elaboration of international legal instruments aimed at an effective substantive and procedural protection of social security as a fundamental right.The report is divided into three parts. The first part is concerned with the social impact of globalisation and its consequences for social security systems in the high-income economies. The first article of this section considers the nature of globalisation as well as its social impact. It spells out some fundamental challenges facing social security systems. The following article elaborates further on one specific challenge, that is: the need for social security to adapt to the increased territorial mobility of workers.The second part looks at the effects of globalisation on social security in relation to middle- and low-income countries and examines the extent to which existing arrangements in these countries are able to provide adequate income protection to me majority of the population. For the group of middle-income countries, the relevance of globalisation for the privatisation of pension systems is analysed as well as the consequences with respect to their main social functions, i.e. the provision of old-age income security and income redistribution. This is done so through a comparative analysis of Latin American countries that have implemented pension policy reform. The following two articles consider the experience of social security systems in low-income countries. In the first article the impact and challenges of globalisation for existing formal and informal social security arrangements in low-income countries are explored and options are suggested for alternative approaches to social security provision that are better suited to the circumstances of low-income countries. The arguments have been illustrated with evidence from Cote d'Ivoire, a country with a socio-economic situation and social security framework that is typical for the majority of low-income countries. The second article discusses in greater depth the link between informal economic and social security in Sub-Saharan Africa.Finally, the third part calls for a global approach to social security. To this end, the first article in this section outlines a possible strategy for a generalised social protection at the global level based on the human damage theory while the last chapter of this work is concerned with the international legal instruments most appropriate for a better substantive and procedural protection of social security as a basic human right.
Book Synopsis Evaluating Social Security Reforms by : International Social Security Association
Download or read book Evaluating Social Security Reforms written by International Social Security Association and published by . This book was released on 1998 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Pension reforms in former transition economies aimed to fiscal sustainability and market economy objectives. Estimating the gross and net replacement rates in 9 countries for steady conditions until 2040 show that they are adequate for most categories of workers, with the exception of those with intermittent or no formal sector employment.
Book Synopsis Adequacy of Retirement Income After Pension Reforms in Central, Eastern, and Southern Europe by : Robert Holzmann
Download or read book Adequacy of Retirement Income After Pension Reforms in Central, Eastern, and Southern Europe written by Robert Holzmann and published by World Bank Publications. This book was released on 2009 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pension reforms in former transition economies aimed to fiscal sustainability and market economy objectives. Estimating the gross and net replacement rates in 9 countries for steady conditions until 2040 show that they are adequate for most categories of workers, with the exception of those with intermittent or no formal sector employment.
A comparative study of European countries' efforts to reform pension systems in the context of ageing populations.
Book Synopsis The Politics of Pension Reform by : Giuliano Bonoli
Download or read book The Politics of Pension Reform written by Giuliano Bonoli and published by Cambridge University Press. This book was released on 2000-09-14 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comparative study of European countries' efforts to reform pension systems in the context of ageing populations.