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The Comparative Political Economy of Pension Reform

John Myles and Paul Pierson

in The New Politics of the Welfare State

Published in print:
2001
Published Online:
November 2003
ISBN:
9780198297567
eISBN:
9780191600104
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198297564.003.0011
Subject:
Political Science, Comparative Politics

This is the first of three chapters on the distinctive policy dynamics of particular areas of social provision. In their chapter on the dynamics of pension reform, Myles and Pierson stress a key ... More


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


The Gender Impact of Social Security Reform in Latin America *

Estelle James, Alejandra Cox Edwards, and Rebeca Wong

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/9780199226801.003.0005
Subject:
Business and Management, Pensions and Pension Management

Over the past two decades many countries have adopted multipillar pension systems that include both a public DB and a private DC pillar. Critics of these pension reforms argue that the tight link ... More


Pensions in Brazil: Reaching the Limits of Parametric Reform in Latin America *

Milko Matijascic and Stephen J. Kay

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/9780199226801.003.0012
Subject:
Business and Management, Pensions and Pension Management

This chapter describes Brazil's social security system and the highly contentious reform process. While much of the rest of the South American region moved toward individual accounts, Brazil engaged ... More


The Pension System in Argentina

Rafael Rofman

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/9780199226801.003.0016
Subject:
Business and Management, Pensions and Pension Management

This chapter discusses pension reform in Argentina. Argentina instituted a major pension reform in 1994 following an extremely serious macroeconomic crisis. Partly inspired by Chile's experience, it ... More


Reflections on Pension Reform in the Americas: From ‘Averting the Old-Age Crisis’ to ‘Keeping the Promise of Old-Age Security’ and Beyond

Estelle James, Truman Packard, and Robert Holzmann

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/9780199226801.003.0007
Subject:
Business and Management, Pensions and Pension Management

This chapter begins by presenting Estelle James' points of discussion if she were to cowrite a sequel to Averting the Old Age Crisis. Truman Packard then summarizes some of the issues raised in ... More


Political Institutions, Veto Points, and the Process of Welfare State Adaptation

Giuliano Bonoli

in The New Politics of the Welfare State

Published in print:
2001
Published Online:
November 2003
ISBN:
9780198297567
eISBN:
9780191600104
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198297564.003.0009
Subject:
Political Science, Comparative Politics

This is the second of three chapters on the implications of electoral politics and the design of political institutions for welfare state adjustment. Bonoli explores the relationship between ... More


The Varieties of Pension Governance: Pension Privatization in Europe

Bernhard Ebbinghaus (ed.)

Published in print:
2011
Published Online:
May 2011
ISBN:
9780199586028
eISBN:
9780191725586
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199586028.001.0001
Subject:
Political Science, Political Economy

The ongoing privatization of pensions – the shift from state to private responsibility for old age retirement income – raises fundamental issues of social and participatory rights. While ... More


Uruguay: A Mixed Reform *

Rodolfo Saldain

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/9780199226801.003.0015
Subject:
Business and Management, Pensions and Pension Management

This chapter describes Uruguay's 1995 pension reform, which is based on a multipillar or mixed, system, with contributions and benefits linked to both a state-managed PAYGO system and privately ... More


The Changing Public–Private Pension Mix in Europe: From Path Dependence to Path Departure

Bernhard Ebbinghaus and Mareike Gronwald

in The Varieties of Pension Governance: Pension Privatization in Europe

Published in print:
2011
Published Online:
May 2011
ISBN:
9780199586028
eISBN:
9780191725586
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199586028.003.0002
Subject:
Political Science, Political Economy

This chapter by Ebbinghaus and Gronwald provides a comparative historical analysis mapping the cross-national institutional diversity in the evolution of pension systems in ten European countries. ... More


A New Social Contract for the Elderly?

John Myles

in Why We Need a New Welfare State

Published in print:
2002
Published Online:
November 2003
ISBN:
9780199256433
eISBN:
9780191599170
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199256438.003.0005
Subject:
Political Science, Comparative Politics

The key issues addressed in this chapter are how to manage the transition to pension reform in Europe so as to satisfy principles of intergenerational equality and intra‐generational justice, while ... More


Chapter Chapter Restructuring the Defined Benefit Pension

P.Brett Hammond and Douglas Fore

in Restructuring Retirement Risks

Published in print:
2006
Published Online:
September 2006
ISBN:
9780199204656
eISBN:
9780191603822
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199204659.003.0009
Subject:
Economics and Finance, Financial Economics

Under the traditional approach to defined benefit plans, well-intended disciplinary and regulatory regimes have sought to restrict discretion, reduce uncertainty and risk, and protect workers and ... More


Perspectives on Pensions in Eastern Europe

Katharina Müller

in Britain's Pensions Crisis: History and Policy

Published in print:
2006
Published Online:
January 2012
ISBN:
9780197263853
eISBN:
9780191734281
Item type:
chapter
Publisher:
British Academy
DOI:
10.5871/bacad/9780197263853.003.0015
Subject:
Political Science, Political Theory

The dramatic political and economic changes witnessed by Central and Eastern Europe (CEE) and the Former Soviet Union (FSU) since the late 1980s did not leave the area of old-age security unaffected. ... More


Introduction

Hugh Pemberton, Pat Thane, and Noel Whiteside

in Britain's Pensions Crisis: History and Policy

Published in print:
2006
Published Online:
January 2012
ISBN:
9780197263853
eISBN:
9780191734281
Item type:
chapter
Publisher:
British Academy
DOI:
10.5871/bacad/9780197263853.003.0001
Subject:
Political Science, Political Theory

In 2002, the British government announced the establishment of a Pensions Commission to assess the state of the country's pension system. In its first report, the Commission confirmed that the ... More


Switzerland: Regulating a Public–Private Heritage of Multipillar Pension Governance

Giuliano Bonoli and Silja Häusermann

in The Varieties of Pension Governance: Pension Privatization in Europe

Published in print:
2011
Published Online:
May 2011
ISBN:
9780199586028
eISBN:
9780191725586
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199586028.003.0012
Subject:
Political Science, Political Economy

Switzerland is considered a prototype of a multipillar pension system, including both public and private, pay-as-you-go-financed social insurance and mandatory funded occupational pensions. As many ... More


Unifying Pension Schemes in Japan: Toward a Single Scheme for Both Civil Servants and Private Employees

Junichi Sakamoto

in The Future of Public Employee Retirement Systems

Published in print:
2009
Published Online:
February 2010
ISBN:
9780199573349
eISBN:
9780191721946
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199573349.003.0011
Subject:
Business and Management, Public Management, Pensions and Pension Management

A topic of long-standing discussion in Japan has been how to equitably merge the retirement plans for civil servants and private employees, which in the past have been managed separately. Recent ... More


Germany: Departing from Bismarckian Public Pensions

Bernhard Ebbinghaus, Mareike Gronwald, and Tobias Wiß

in The Varieties of Pension Governance: Pension Privatization in Europe

Published in print:
2011
Published Online:
May 2011
ISBN:
9780199586028
eISBN:
9780191725586
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199586028.003.0005
Subject:
Political Science, Political Economy

The chapter first reviews the emergence and change of the public–private pension mix in Germany, emphasizing the path-dependent but recent path-departing developments from the Bismarckian social ... More


Pension Reforms in Southern Europe: The Italian Experience

Maurizio Ferrera

in Britain's Pensions Crisis: History and Policy

Published in print:
2006
Published Online:
January 2012
ISBN:
9780197263853
eISBN:
9780191734281
Item type:
chapter
Publisher:
British Academy
DOI:
10.5871/bacad/9780197263853.003.0014
Subject:
Political Science, Political Theory

The pension systems of Italy, Spain, Portugal, and Greece are organized according to the Bismarckian blueprint: ‘corporatist’ schemes of compulsory insurance covering different occupational groups, ... More


Denmark: The Silent Revolution towards a Multipillar Pension System

Jørgen Goul Andersen

in The Varieties of Pension Governance: Pension Privatization in Europe

Published in print:
2011
Published Online:
May 2011
ISBN:
9780199586028
eISBN:
9780191725586
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199586028.003.0007
Subject:
Political Science, Political Economy

Denmark developed a multipillar pension system, adding private pensions to its universal flat-rate, tax-financed ‘people's pension’. Following the failure to introduce a public earnings-related ... More


Introduction: Studying Pension Privatization in Europe

Bernhard Ebbinghaus

in The Varieties of Pension Governance: Pension Privatization in Europe

Published in print:
2011
Published Online:
May 2011
ISBN:
9780199586028
eISBN:
9780191725586
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199586028.003.0001
Subject:
Political Science, Political Economy

The introductory chapter discusses the need for studying the changing public–private pension mix and the governance and regulation of private (occupational and personal) pensions. Public pension ... More


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