In this comprehensive review of private pension systems in effect world-wide, Turner and Watanabe discuss the fundamental issues facing nations as they adopt and expand private pension systems including: the degree of privatization, tax policy, risk and insurance from risk, pension financing,...

Turner uses the documented experiences of many countries - including the U.K., Sweden, Chile, Australia, Canada, and others - and the tools of economics to analyze the public policy issues surrounding the proposed implementation of individual accounts as part of the U.S. Social Security system.

The contributors to this book investigate the compensation and employment risks for U.S. and Canadian workers. They examine both wage and nonwage aspects of compensation, and whether workers in the U.S. or Canada face more job-related risks. They also seek to identify trends in risk bearing and...