This paper presents a first approximation to assess the impact of the COVID-19 outbreak on Argentina's pension system in both the short and medium/long-term. To this end, we have used the Pension Projection Model of the Inter-American Development Bank (IDB) to design and analyze possible...

Uruguay faces medium- and long-term challenges associated with two global megatrends: population aging and technological change. These two megatrends have been developing for some time, but policy responses have been late or inadequate in many cases. Trying to delay them--by promoting higher...

Uruguay’s population is slowly aging, driven by the demographic transition that started early in the 20th century. While this reflects significant improvements in mortality and fertility trends, it also creates important challenges for the fiscal sustainability of some social policies and for...

The process of demographic transition through which Argentina is passing is a window of both opportunities and challenges in economic and social terms. Argentina is still a young country in which the working-age population represents the largest proportion of its total population. Currently, the...

Latin America's population is aging, and many among the growing elderly population are not protected by traditional pension schemes. In response, policy makers have been reevaluating their income protection systems so that between 2000 and 2013, the majority of Latin American countries reformed...

This paper describes the recent reforms of pension policies adopted by Argentina and Chile. The structural reforms in the 1980s and 90s were targeted on improving the long term fiscal sustainability of the system and their institutional design, while transferring part of the economic and social...

This article describes the most recent pension reforms in Argentina and Chile. The previous reforms, implemented in the 1980s and 1990s, aimed to improve long-term fiscal sustainability and institutional design of the systems, shifting part of the social and economic risks away from the State...

Latin American countries are in the midst of a demographic transition and, as a consequence, a population-aging process. Over the next few decades, the number of children will decline relative to the number of older adults. Population aging is the result of a slow but sustained reduction in...