Los bajos niveles de cotizacion a los sistemas de pensiones en America Latina son un enorme obstaculo que limita la puesta en practica de un sistema de seguridad social generalizado. Las tasas de cotizacion medidas como el indice de cotizantes respecto a la poblacion activa total se mantiene en...

Low contribution levels to pension schemes in Latin America are an enormous obstacle limiting the implementation of a broad-based social security system. Contribution rates measured as a ratio of contributors to the total labour force stand at an average of 40%, or 60% in the best of cases....

In this paper we present a preliminary estimate of the impact of the recent agreement between the Spanish government and the social partners to reform the public contributive pension system. After updating the projections of pension expenditure constructed in de la Fuente and Doménech (2010)...

Latinoamerica es uno de las regiones pioneras en la introduccion de esquemas de capitalizacion individual como parte de un componente obligatorio en sus sistemas de pensiones. Han pasado treinta anos desde que Chile diera el primer paso. ¿Que han logrado las reformas al dia de hoy?...

Latin America is one of the pioneers in introducing individual capitalization schemes as part of their compulsory component of their pension systems. Thirty years have passed since Chile took the !irst step. Now what reforms have been achieved today? What challenges lie ahead? This paper reviews...

This paper presents a brief history of pension reform in Chile, and the reasons behind the introduction of individual privately-managed accounts in 1981, as well as the adjustments to the system introduced in 2006-07. The main conclusions are that the system is sound, but the reinforcement of...

China es ya una de las economias mas importantes del mundo, pero tiene muchas e importantes tareas que resolver, siendo una de ellas la implementacion de un exhaustivo programa social que debera abordar la disminucion de los recursos financieros de la tercera edad tras su retirada de la vida...

Despite the fact that China is already one of the most important economies in the world, the country has many big tasks to solve, being one of them the implementation of a comprehensive social agenda, including those related with the old-age stage and the consequently diminishing financial...

An ongoing reform in China mandates employers to contribute significant amounts to employee pension funds. The current study estimates the impact of this reform on the wage, employment and performance of firms using data from over 140,000 medium and large manufacturers in China during 2004 and...

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