After 1989, Hungary inherited a pension system characterised by an unfair and impenetrable mix of social insurance and social assistance. Widespread public dissatisfaction and the near drift into a financial crisis in the mid 1990s cleared the path for the first paradigmatic multipillar reform...

The partial privatization of the US Social Security system was clearly the top economic policy priority for the new Bush administration. While many famous economists, publicists and politicians support, others reject the partial privatization of the Social Security system. The international...