Lessons from Pension Reform in the Americas (Pension Research Council Series) - Hardcover
Latin American experiments with pension reform began when Chile converted its public pay-as-you-go system to a system of private individual accounts in 1981. In the 1990s, several other countries followed suit, inspired both by Chile's reforms and World Bank recommendations that stressed adopting compulsory government-mandated individual savings accounts. Following the lead of Latin America, individual accounts were subsequently introduced in a number of countries in both Europe and Asia. The World Bank and governments in the region have now begun to seriously re-evaluate these privatisations, with the most dramatic effort to 'reform the reform' coming from Chile, where President Michelle Bachelet backed a comprehensive initiative aimed at making the system more efficient and equitable. This volume is the first to assess pension reforms in this new 'post-privatization' era.
Section 1 of the book begins with a discussion on demographic trends by Nobel laureate Robert W. Fogel and is followed by chapters on system design and their policy implications, including chapters on demographic trends, pension system default options, and an analysis of World Bank's policies and how they have evolved (by three former and current World Bank experts). This section concludes with two chapters with differing views on reform and the role of gender (an important and understudied topic). Section 2 contains in-depth chapters on major reform efforts in the United States, Canada, Mexico, Costa Rica, Brazil, Peru, Uruguay and Argentina.
In addressing the most pressing policy issues and highlighting a broad range of country experiences, this volume provides an unparalleled account of the lessons from pension reform in the Americas.
Section 1 of the book begins with a discussion on demographic trends by Nobel laureate Robert W. Fogel and is followed by chapters on system design and their policy implications, including chapters on demographic trends, pension system default options, and an analysis of World Bank's policies and how they have evolved (by three former and current World Bank experts). This section concludes with two chapters with differing views on reform and the role of gender (an important and understudied topic). Section 2 contains in-depth chapters on major reform efforts in the United States, Canada, Mexico, Costa Rica, Brazil, Peru, Uruguay and Argentina.
In addressing the most pressing policy issues and highlighting a broad range of country experiences, this volume provides an unparalleled account of the lessons from pension reform in the Americas.
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About the Author:
Stephen Kay is the coordinator of Latin America analysis in the Federal Reserve Bank of Atlanta's Research Department and coordinator of the Bank's Americas Center. His articles on pension reform in Latin America have appeared in Comparative Politics, Economic Review, Foreign Policy, the Journal of Aging and Social Policy, the Journal of European Social Policy, the Journal of Inter-American Studies and World Affairs, and the International Social Security Review. He has a Ph.D. in political science from the University of California, Los Angeles.
Tapen Sinha is the ING Chair Professor at ITAM, Mexico, the founder and director of International Center for Pension Research, Special Professor, University of Nottingham, UK, Research Associate, Centre for Risk and Insurance, University of Nottingham, UK, Senior Advisor, Cranes Software Inc. Dr. Sinha has published over 110 papers and has authored or edited eight books. He has presented papers in more than 200 conferences in all continents of the globe. He has a BStat in Statistics and MStat in Econometrics from the Indian Statistical Institute. He has a doctorate in Financial Economics from the University of Minnesota.
Stephen Kay is the coordinator of Latin America analysis in the Federal Reserve Bank of Atlanta's Research Department and coordinator of the Bank's Americas Center. His articles on pension reform in Latin America have appeared in Comparative Politics, Economic Review, Foreign Policy, the Journal of Aging and Social Policy, the Journal of European Social Policy, the Journal of Inter-American Studies and World Affairs, and the International Social Security Review. He has a Ph.D. in political science from the University of California, Los Angeles.
Tapen Sinha is the ING Chair Professor at ITAM, Mexico, the founder and director of International Center for Pension Research, Special Professor, University of Nottingham, UK, Research Associate, Centre for Risk and Insurance, University of Nottingham, UK, Senior Advisor, Cranes Software Inc. Dr. Sinha has published over 110 papers and has authored or edited eight books. He has presented papers in more than 200 conferences in all continents of the globe. He has a BStat in Statistics and MStat in Econometrics from the Indian Statistical Institute. He has a doctorate in Financial Economics from the University of Minnesota.
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- PublisherOxford University Press
- Publication date2008
- ISBN 10 0199226806
- ISBN 13 9780199226801
- BindingHardcover
- Edition number1
- Number of pages425
- EditorKay Stephen J., Sinha Tapen
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Book Description Hardcover. Condition: new. Hardcover. Latin American experiments with pension reform began when Chile converted its public pay-as-you-go system to a system of private individual accounts in the early 1980s. Several other Latin American countries then followed suit, inspired both by Chile's reforms and by World Bank recommendations stressing compulsory government-mandated individual saving accounts. Individual accounts were subsequently introduced in a number of countries in Europe and Asia. Many are nowre-evaluating these privatisations in an effort to 'reform the reform' to make these systems more efficient and equitable. This volume is the first to assess pension reforms in this new'post-privatization' era. After a discussion on demographic trends in the foreword by Nobel laureate Robert W. Fogel, Section 1 of the book includes chapters on the role of pension system default options, the impact of gender, and a discussion of the World Bank's policies on pension reform. The chapter on the evidence from Chile's new social protection survey points to key lessons from the world's first privatization. Section 2 offers in-depth analysis of severalsignificant reform initiatives in the hemisphere, and includes chapters on the United States, Canada, Mexico, Costa Rica, Brazil, Peru, Uruguay and Argentina. The volume provides anunparalleled account of the lessons from pension reform in the Americas, addressing the most pressing policy issues and highlighting a broad range of country experiences. Latin America has seen a host of pathbreaking pension reforms, including privatizations that have served as examples for governments throughout the world. Addressing pressing policy issues and highlighting a broad range of country experiences, this book provides an unparalleled account of the lessons from pension reform in North and South America Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability. Seller Inventory # 9780199226801
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Book Description Hardcover. Condition: new. Hardcover. Latin American experiments with pension reform began when Chile converted its public pay-as-you-go system to a system of private individual accounts in the early 1980s. Several other Latin American countries then followed suit, inspired both by Chile's reforms and by World Bank recommendations stressing compulsory government-mandated individual saving accounts. Individual accounts were subsequently introduced in a number of countries in Europe and Asia. Many are nowre-evaluating these privatisations in an effort to 'reform the reform' to make these systems more efficient and equitable. This volume is the first to assess pension reforms in this new'post-privatization' era. After a discussion on demographic trends in the foreword by Nobel laureate Robert W. Fogel, Section 1 of the book includes chapters on the role of pension system default options, the impact of gender, and a discussion of the World Bank's policies on pension reform. The chapter on the evidence from Chile's new social protection survey points to key lessons from the world's first privatization. Section 2 offers in-depth analysis of severalsignificant reform initiatives in the hemisphere, and includes chapters on the United States, Canada, Mexico, Costa Rica, Brazil, Peru, Uruguay and Argentina. The volume provides anunparalleled account of the lessons from pension reform in the Americas, addressing the most pressing policy issues and highlighting a broad range of country experiences. Latin America has seen a host of pathbreaking pension reforms, including privatizations that have served as examples for governments throughout the world. Addressing pressing policy issues and highlighting a broad range of country experiences, this book provides an unparalleled account of the lessons from pension reform in North and South America This item is printed on demand. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9780199226801
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