The two papers that make up the core of this book address what is perhaps the most fundamental question in the current debate over Social Security: whether to shift, in part or even entirely, from today's pay-as-you-go system to one that is not just funded but also privatized in the sense that...

This book provides a much needed quantitative response to the classic question of who gains and who loses in trade liberalization and shows how important the process is for the global economy. It contributes significantly to the debate concerning trade between developed and developing countries....