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. Martin Feldstein’s pro-privatization rhetoric relative to Social Security is first analyzed. A subsequent comparison his … rhetoric to that of George W. Bush concludes that both the political and the economic rhetoric of Social Security privatization …. -- Social Security ; individual accounts ; privatization ; ideograph ; rhetoric ; Feldstein …
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pension schemes (Chile, Mexico, Bolivia, and El Salvador) and four that have partially privatized (Argentina, Uruguay …, Colombia, and Peru). In Latin America privatization tends to have positive economic effects. It contributes to the development … suggesting that it may increase the national savings rate and economic growth. However, privatization also leads to higher …
Persistent link: https://www.econbiz.de/10014140892
reform debate has taken different directions in Europe and the USA. While the US debate is essentially about the role of …The reform of pension systems is on the political agenda in most European countries and in the USA. The paper considers … funding, in Europe it is mostly about the timing and features of changes in the PAYG schemes …
Persistent link: https://www.econbiz.de/10013108579
This paper examines thoroughly the Chilean Pension Reform, giving first an overview of the mandatory saving plan, the relevant institutions, and the rules for transition from the old to the new system. The main part of the paper contains a critical evaluation of the reform, in particular the...
Persistent link: https://www.econbiz.de/10009767697
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We analyze the way in which social security privatization reform affects labor market outcomes. We develop a model of … unemployment. Results from simulation exercises suggest that in the case of Chile the reforms resulted in an increase in informal … the reduction of Chile's aggregate of unemployment …
Persistent link: https://www.econbiz.de/10012469790
We analyze the way in which social security privatization reform affects labor market outcomes. We develop a model of … unemployment. Results from simulation exercises suggest that in the case of Chile the reforms resulted in an increase in informal … the reduction of Chile's aggregate of unemployment …
Persistent link: https://www.econbiz.de/10013227027
Like most countries, China faces a rapidly aging population. In fact, China is aging more rapidly than practically any … other country. In 1990 only 9% of China's population was over the age of 65, but by 2030 this proportion will more than … double, to 22%. More than a quarter of the world's old people will live in China by 2030. And the absolute number of workers …
Persistent link: https://www.econbiz.de/10014124192