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.
We might say that, at the very beginning of transformation, old-age security systems in Central and Eastern European countries resembled a combination of the conservativecorporatist and social democratic regime.
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.
A comparative study of European countries' efforts to reform pension systems in the context of ageing populations.
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 ...
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 book discusses both social security and employer-provided pension reforms, as well as reforms in most regions of the world.
Pension reforms in former transition economies aimed to fiscal sustainability and market economy objectives.
In the highest category (`university') the number of employed women exceeded the number of men in 1998, while the ... in higher education in 1998 than in 1986. 2. Men aged 21^31 seem to have fared best, at European Pension Systems 305.
Evaluating Social Security Reforms
A quantitative analysis of the political sustainability of social security reform in France, Germany, Italy, Spain, the UK, and the US, with the suggestion that population aging will lead to more pension spending and that raising the ...