and instruments of pension privatization 4. Costs and risks associated with private pensions 5. The experience of … different countries with pension fund capitalism 6. Poland as a case of pensions privatization failure 7. Conclusion: Pension …

, and Germany), as well as Latin American (including Chile) and Eastern European countries, related to the privatization of … world since 1981, when the pension system was completely privatized in Chile. The author highlights the driving forces … behind the privatization of pensions, its forms and tools used in practice, and the risks and costs related to private …

Contrary to expectations and announcements of policy makers in transition economies, privatization has taken longer … privatization and thus transition from a centrally planned to a market economy. Part I describes the command economy legacy … presents preliminary results from Poland's privatization experience. Part III identifies the anticipated and unanticipated …