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The Peruvian Pension Reform: Ailing or Failing? *

Eliana Carranza and Eduardo Morón

in Lessons from Pension Reform in the Americas

Published in print:
2007
Published Online:
January 2008
ISBN:
9780199226801
eISBN:
9780191710285
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199226801.003.0014
Subject:
Business and Management, Pensions and Pension Management

This chapter analyzes pension reform in Peru. Peru's reform introduced private savings accounts while maintaining a fiscally unsustainable public pillar that must eventually be fixed. A number of ... More


Notional Defined Contribution Pension Systems in a Stochastic Context: Design and Stability

Ronald Lee

Alan J. Auerbach (ed.)

in Social Security Policy in a Changing Environment

Published in print:
2009
Published Online:
February 2013
ISBN:
9780226076485
eISBN:
9780226076508
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226076508.003.0003
Subject:
Economics and Finance, Public and Welfare

This chapter explores a new approach to Social Security reform that is known as “Notional Defined Contribution” or “Nonfinancial Defined Contribution” (NDC). This chapter uses a stochastic ... More


The Demographic Transition and Economic Growth in the Pacific Rim

Andrew Mason, Ronald Lee, and Sang-Hyop Lee

in The Economic Consequences of Demographic Change in East Asia

Published in print:
2010
Published Online:
February 2013
ISBN:
9780226386850
eISBN:
9780226386881
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226386881.003.0002
Subject:
Economics and Finance, South and East Asia

This chapter provides an overview of the common patterns of demographic transition in the major countries of East Asia. The chapter shows dramatic change in support ratios between 2008 and 2050. The ... More


Pension Issues in Japan: How Can We Cope with the Declining Population?

Noriyuki Takayama

in The Economic Consequences of Demographic Change in East Asia

Published in print:
2010
Published Online:
February 2013
ISBN:
9780226386850
eISBN:
9780226386881
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226386881.003.0006
Subject:
Economics and Finance, South and East Asia

This chapter examines the Japanese social security system, which is mostly a Pay-As-You-Go (PAYGO) system. The rapid aging in Japan is expected to cause great stress on the PAYGO pension system. ... More


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