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This article explores how German pension and retirement policy could be made more sustainable, focusing on selected current options for action rather than attempting to provide a comprehensive overview. Before turning to specific problems and perspectives, the article first discusses key...
Persistent link: https://www.econbiz.de/10010520323
This article examines recent pension reforms in OECD countries. All countries are facing the challenge of designing both financially and socially sustainable pension policies in a context of weak economic growth, low financial returns and ageing populations. In some cases, countries have been...
Persistent link: https://www.econbiz.de/10010520328
rather privileged groups of the insured. These measures endanger the sustainability of the German pension system and will …
Persistent link: https://www.econbiz.de/10010407325
Hungary has faced a considerable challenge to regain credibility following persistent and high fiscal deficits. Efforts during recent years have produced substantial results. The fiscal deficit has been brought down significantly and, despite the recession, fiscal consolidation has continued to...
Persistent link: https://www.econbiz.de/10012446273
expenditures, has been used to assess the long-run fiscal sustainability in Norway. The simulations suggest that Norway faces a … severe fiscal sustainability problem in the long run, despite an exceptionally strong fiscal position at present. This result …
Persistent link: https://www.econbiz.de/10014025288
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the potential benefits of mixed systems in which a PAYG system with notional accounts is complemented by a funded pensions … not clearly depend on the relative importance of PAYG over funded pensions systems, suggesting that other factors are even …
Persistent link: https://www.econbiz.de/10012207196
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