Pension Reform in Europe : Process and Progress
Pension reform is an important topic, high on the agendas of most European countries, where countries are profoundly affected by an aging population, the result of lower fertility, and increased life expectancy, changes in family structure, and the...
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Online Access: | http://documents.worldbank.org/curated/en/2003/02/2432540/pension-reform-europe-process-progress http://hdl.handle.net/10986/15132 |
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okr-10986-151322021-04-23T14:03:11Z Pension Reform in Europe : Process and Progress Holzmann, Robert Orenstein, Mitchell Rutkowski, Michal Holzmann, Robert Orenstein, Mitchell Rutkowski, Michal PENSION REFORM PENSION SYSTEMS AGING PERSONS FERTILITY RATES LIFE EXPECTANCY (HUMAN) FAMILY COMPOSITION GLOBALIZATION RETIREMENT INCOME PENSION FUNDS RISK ASSESSMENT PRIVATIZATION DEMOCRATIZATION ELECTION LAW STRUCTURAL REFORMS EARLY RETIREMENT GOVERNMENT COMMITMENTS CONSENSUS BUILDING SOCIAL POLICY REFORM TRANSITION ECONOMIES ASSET MANAGERS AVERAGE BENEFITS BENEFIT LEVEL BUDGET DEFICIT CONTRIBUTION PERIOD DEBT DEPENDENCY RATIO ECONOMIC FACTORS ECONOMIC GROWTH EMPIRICAL EVIDENCE EXCHANGE RATE EXPENDITURES FISCAL CRITERIA FISCAL DEFICIT FUNDED ACCOUNTS FUNDED COMPONENT FUNDED PENSIONS FUNDED SYSTEMS INCOME INEQUALITY INDEXATION INDIVIDUAL ACCOUNTS INTERNATIONAL ORGANIZATIONS LABOR FORCE LABOR FORCE PARTICIPATION LABOR MARKETS LEISURE LIFE EXPECTANCIES LIFE EXPECTANCY MANDATORY SYSTEM MULTI- PILLAR SYSTEM NOTIONAL ACCOUNT PENSION REFORM PENSION REFORM EFFORTS PENSION REFORM PROCESS PENSION REFORMS PENSION RIGHTS PENSION SCHEMES PENSION SYSTEM PENSION SYSTEMS PENSIONS POLITICAL ECONOMY PRIVATE PENSION PRIVATE PENSION FUNDS PRIVATE SAVINGS PRODUCTIVITY PRODUCTIVITY GROWTH PUBLIC OPINION PUBLIC SCHEMES PUBLIC SECTOR REFORM PROCESSES RELATIVE PRICE REPLACEMENT RATE RETIREES RETIREMENT RETIREMENT AGE RETIREMENT INCOME RETIREMENT INCOME SYSTEMS SOCIAL POLICY SOCIAL PROTECTION SOCIAL SECURITY SOCIAL SECURITY CONTRIBUTIONS SUPERVISORY CAPACITIES TAX ADVANTAGES UNEMPLOYMENT WAGES Pension reform is an important topic, high on the agendas of most European countries, where countries are profoundly affected by an aging population, the result of lower fertility, and increased life expectancy, changes in family structure, and the effects of globalization. The book presents seven papers on the political economy of European pension reform, where clearly, major reforms are needed, to ensure the sustainability of retirement income systems. However, reform programs will need to combine measures to delay retirement; introduce changes in the benefit structure; and, diversify the sources of retirement income, to better balance individuals' risks. Subjects address the need to accelerate the European pension reform agenda, and compares the making of pension privatization in Latin America with that in Eastern Europe. Furthermore, subjects look at democracy and structural pension reform in continental Europe, focusing on the aging population, the electoral behavior, and early retirement impacts, on the basis of commitment, and consensus - or the lack thereof - to pension reform. Most interestingly, one of the subjects questions, and further analyzes, the wide differences of social policy models among transition economies, to finalize with a look at the diffusion of pension innovation. These subjects provide insight into the process, and progress of European pension reform, to the benefit of the reform agenda in other regions as well. 2013-08-16T19:13:11Z 2013-08-16T19:13:11Z 2003 http://documents.worldbank.org/curated/en/2003/02/2432540/pension-reform-europe-process-progress 0-8213-5358-6 http://hdl.handle.net/10986/15132 English en_US Directions in Development; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research :: Publication Publications & Research :: Publication Europe and Central Asia Europe |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English en_US |
topic |
PENSION REFORM PENSION SYSTEMS AGING PERSONS FERTILITY RATES LIFE EXPECTANCY (HUMAN) FAMILY COMPOSITION GLOBALIZATION RETIREMENT INCOME PENSION FUNDS RISK ASSESSMENT PRIVATIZATION DEMOCRATIZATION ELECTION LAW STRUCTURAL REFORMS EARLY RETIREMENT GOVERNMENT COMMITMENTS CONSENSUS BUILDING SOCIAL POLICY REFORM TRANSITION ECONOMIES ASSET MANAGERS AVERAGE BENEFITS BENEFIT LEVEL BUDGET DEFICIT CONTRIBUTION PERIOD DEBT DEPENDENCY RATIO ECONOMIC FACTORS ECONOMIC GROWTH EMPIRICAL EVIDENCE EXCHANGE RATE EXPENDITURES FISCAL CRITERIA FISCAL DEFICIT FUNDED ACCOUNTS FUNDED COMPONENT FUNDED PENSIONS FUNDED SYSTEMS INCOME INEQUALITY INDEXATION INDIVIDUAL ACCOUNTS INTERNATIONAL ORGANIZATIONS LABOR FORCE LABOR FORCE PARTICIPATION LABOR MARKETS LEISURE LIFE EXPECTANCIES LIFE EXPECTANCY MANDATORY SYSTEM MULTI- PILLAR SYSTEM NOTIONAL ACCOUNT PENSION REFORM PENSION REFORM EFFORTS PENSION REFORM PROCESS PENSION REFORMS PENSION RIGHTS PENSION SCHEMES PENSION SYSTEM PENSION SYSTEMS PENSIONS POLITICAL ECONOMY PRIVATE PENSION PRIVATE PENSION FUNDS PRIVATE SAVINGS PRODUCTIVITY PRODUCTIVITY GROWTH PUBLIC OPINION PUBLIC SCHEMES PUBLIC SECTOR REFORM PROCESSES RELATIVE PRICE REPLACEMENT RATE RETIREES RETIREMENT RETIREMENT AGE RETIREMENT INCOME RETIREMENT INCOME SYSTEMS SOCIAL POLICY SOCIAL PROTECTION SOCIAL SECURITY SOCIAL SECURITY CONTRIBUTIONS SUPERVISORY CAPACITIES TAX ADVANTAGES UNEMPLOYMENT WAGES |
spellingShingle |
PENSION REFORM PENSION SYSTEMS AGING PERSONS FERTILITY RATES LIFE EXPECTANCY (HUMAN) FAMILY COMPOSITION GLOBALIZATION RETIREMENT INCOME PENSION FUNDS RISK ASSESSMENT PRIVATIZATION DEMOCRATIZATION ELECTION LAW STRUCTURAL REFORMS EARLY RETIREMENT GOVERNMENT COMMITMENTS CONSENSUS BUILDING SOCIAL POLICY REFORM TRANSITION ECONOMIES ASSET MANAGERS AVERAGE BENEFITS BENEFIT LEVEL BUDGET DEFICIT CONTRIBUTION PERIOD DEBT DEPENDENCY RATIO ECONOMIC FACTORS ECONOMIC GROWTH EMPIRICAL EVIDENCE EXCHANGE RATE EXPENDITURES FISCAL CRITERIA FISCAL DEFICIT FUNDED ACCOUNTS FUNDED COMPONENT FUNDED PENSIONS FUNDED SYSTEMS INCOME INEQUALITY INDEXATION INDIVIDUAL ACCOUNTS INTERNATIONAL ORGANIZATIONS LABOR FORCE LABOR FORCE PARTICIPATION LABOR MARKETS LEISURE LIFE EXPECTANCIES LIFE EXPECTANCY MANDATORY SYSTEM MULTI- PILLAR SYSTEM NOTIONAL ACCOUNT PENSION REFORM PENSION REFORM EFFORTS PENSION REFORM PROCESS PENSION REFORMS PENSION RIGHTS PENSION SCHEMES PENSION SYSTEM PENSION SYSTEMS PENSIONS POLITICAL ECONOMY PRIVATE PENSION PRIVATE PENSION FUNDS PRIVATE SAVINGS PRODUCTIVITY PRODUCTIVITY GROWTH PUBLIC OPINION PUBLIC SCHEMES PUBLIC SECTOR REFORM PROCESSES RELATIVE PRICE REPLACEMENT RATE RETIREES RETIREMENT RETIREMENT AGE RETIREMENT INCOME RETIREMENT INCOME SYSTEMS SOCIAL POLICY SOCIAL PROTECTION SOCIAL SECURITY SOCIAL SECURITY CONTRIBUTIONS SUPERVISORY CAPACITIES TAX ADVANTAGES UNEMPLOYMENT WAGES Holzmann, Robert Orenstein, Mitchell Rutkowski, Michal Pension Reform in Europe : Process and Progress |
geographic_facet |
Europe and Central Asia Europe |
relation |
Directions in Development; |
description |
Pension reform is an important topic,
high on the agendas of most European countries, where
countries are profoundly affected by an aging population,
the result of lower fertility, and increased life
expectancy, changes in family structure, and the effects of
globalization. The book presents seven papers on the
political economy of European pension reform, where clearly,
major reforms are needed, to ensure the sustainability of
retirement income systems. However, reform programs will
need to combine measures to delay retirement; introduce
changes in the benefit structure; and, diversify the sources
of retirement income, to better balance individuals'
risks. Subjects address the need to accelerate the European
pension reform agenda, and compares the making of pension
privatization in Latin America with that in Eastern Europe.
Furthermore, subjects look at democracy and structural
pension reform in continental Europe, focusing on the aging
population, the electoral behavior, and early retirement
impacts, on the basis of commitment, and consensus - or the
lack thereof - to pension reform. Most interestingly, one of
the subjects questions, and further analyzes, the wide
differences of social policy models among transition
economies, to finalize with a look at the diffusion of
pension innovation. These subjects provide insight into the
process, and progress of European pension reform, to the
benefit of the reform agenda in other regions as well. |
author2 |
Holzmann, Robert |
author_facet |
Holzmann, Robert Holzmann, Robert Orenstein, Mitchell Rutkowski, Michal |
format |
Publications & Research :: Publication |
author |
Holzmann, Robert Orenstein, Mitchell Rutkowski, Michal |
author_sort |
Holzmann, Robert |
title |
Pension Reform in Europe : Process and Progress |
title_short |
Pension Reform in Europe : Process and Progress |
title_full |
Pension Reform in Europe : Process and Progress |
title_fullStr |
Pension Reform in Europe : Process and Progress |
title_full_unstemmed |
Pension Reform in Europe : Process and Progress |
title_sort |
pension reform in europe : process and progress |
publisher |
Washington, DC: World Bank |
publishDate |
2013 |
url |
http://documents.worldbank.org/curated/en/2003/02/2432540/pension-reform-europe-process-progress http://hdl.handle.net/10986/15132 |
_version_ |
1764425644390744064 |