Social Security privatization, in any form, will only highlight the problems that individuals face when left on their …

This paper uses the theory of ‘capital as power’ to analyze the struggle over public pensions in the United States …. While mainstream commentators claim that public pensions must be ‘reformed’ because they are ‘under funded’, I argue that … enormous investment fees associated with it. I propose that the deconstruction of public pensions is part of a larger effort to …

In 1980-2005, 11 Latin American countries (out of a total of 20) implemented structural reforms ("privatization") in … defined contribution, fully funded financing, and private management. Initial design flaws and later modifications have … solidarity (Chile). Several countries that privatized their pensions have introduced parametric reforms (Colombia, Costa Rica …

Definitions can matter, and Don Fullerton and Michael Geruso argue that proponents of social security privatization … mean a host of different things by "privatization." They point out that many of the gains from privatization seen by … economists like Martin Feldstein and Laurence Kotlikoff owe to only a few aspects of privatization. …

Social Security privatization, in any form, will only highlight the problems that individuals face when left on their …

The increased budget deficit caused by the privatization of a public pension plan does not imply a relaxation of the … and explicit public debt. There may be circumstances in which pension privatization, if not offset by fiscal consolidation …

reform as a template for pension change in other parts of the world. Design/methodology/approach – The study brings together …

performances stimulated financial optimism and legitimized what is commonly known as pension privatization (diverting contributions … in his 1999 State of the Union address. Although pension privatization appeared as the most debated policy alternative in …