An appraisal of a quarter-century of structural pension reforms in Latin America

An appraisal of a quarter-century of structural pension reforms in Latin America

Includes bibliography

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Autor principal: Mesa-Lago, Carmelo
Formato: Texto
Lenguaje:English
Publicado: 2014
Materias:
PENSIONES
REFORMA ADMINISTRATIVA
SEGURIDAD SOCIAL
ADMINISTRATIVE REFORM
PENSIONS
SOCIAL SECURITY
Acceso en línea:http://hdl.handle.net/11362/11047
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spelling oai-11362-110472020-09-28T19:20:18Z An appraisal of a quarter-century of structural pension reforms in Latin America Mesa-Lago, Carmelo PENSIONES REFORMA ADMINISTRATIVA SEGURIDAD SOCIAL ADMINISTRATIVE REFORM PENSIONS SOCIAL SECURITY Includes bibliography This article gives a comparative description of three different general structural pension reform models applied in 12 Latin American countries, analysing their key concepts. In its main part, it analyses and suggests policies to deal with the 11 challenges that must be faced in such reforms: the decline in labour force coverage; the growing failure to pay contributions; the faults due to imperfect competition among pension fund management companies; the continuing high level of administrative costs; the accumulation of capital, yet without solid evidence that this has had a positive impact on national saving; the high and prolonged fiscal cost of the transition; the potential development of the capital market but a lack of diversification in the investment portfolio; the variable real returns on investment; the lack of evidence that pensions are higher under the private than under the public system; the accentuation of gender-based inequities, and the erosion of solidarity. / 2014-01-02T18:43:53Z 2014-01-02T18:43:53Z 2004-12 Texto Sección o Parte de un Documento http://hdl.handle.net/11362/11047 LC/G.2258-P en CEPAL Review CEPAL Review 84 application/pdf AMERICA LATINA LATIN AMERICA
institution Cepal
collection Cepal
language English
topic PENSIONES
REFORMA ADMINISTRATIVA
SEGURIDAD SOCIAL
ADMINISTRATIVE REFORM
PENSIONS
SOCIAL SECURITY
spellingShingle PENSIONES
REFORMA ADMINISTRATIVA
SEGURIDAD SOCIAL
ADMINISTRATIVE REFORM
PENSIONS
SOCIAL SECURITY
Mesa-Lago, Carmelo
An appraisal of a quarter-century of structural pension reforms in Latin America
description Includes bibliography
format Texto
author Mesa-Lago, Carmelo
author_facet Mesa-Lago, Carmelo
author_sort Mesa-Lago, Carmelo
title An appraisal of a quarter-century of structural pension reforms in Latin America
title_short An appraisal of a quarter-century of structural pension reforms in Latin America
title_full An appraisal of a quarter-century of structural pension reforms in Latin America
title_fullStr An appraisal of a quarter-century of structural pension reforms in Latin America
title_full_unstemmed An appraisal of a quarter-century of structural pension reforms in Latin America
title_sort appraisal of a quarter-century of structural pension reforms in latin america
publishDate 2014
url http://hdl.handle.net/11362/11047
work_keys_str_mv AT mesalagocarmelo anappraisalofaquartercenturyofstructuralpensionreformsinlatinamerica
AT mesalagocarmelo appraisalofaquartercenturyofstructuralpensionreformsinlatinamerica
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