Over the last decade Latin American countries have served as the world's laboratory for pension systems based upon individual retirement savings accounts. In the 1990s several countries in the region followed Chile's lead in setting up individual accounts, and since that time countries...

The process of structural reform in Latin America has thus far been uneven, and various economic crises have raised doubts about reforms’ effectiveness and have caused public support for further reforms to wane. To promote and highlight research exploring structural reform’s impact on...