Reforming the Pension Reforms: Argentina and Chile
This article describes the most recent pension reforms in Argentina and Chile. The previous reforms, implemented in the 1980s and 1990s, aimed to improve long-term fiscal sustainability and institutional design of the systems, shifting part of the social and economic risks away from the State and on...
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| Format: | Journal Article |
| Language: | EN |
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2012
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| Online Access: | http://hdl.handle.net/10986/4898 |
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okr-10986-48982021-04-23T14:02:20Z Reforming the Pension Reforms: Argentina and Chile Rofman, Rafael Fajnzylber, Eduardo Herrera, German Social Security and Public Pensions H550 Economics of the Elderly Economics of the Handicapped Non-labor Market Discrimination J140 Economic Development: Human Resources Human Development Income Distribution Migration O150 Fiscal and Monetary Policy in Development O230 This article describes the most recent pension reforms in Argentina and Chile. The previous reforms, implemented in the 1980s and 1990s, aimed to improve long-term fiscal sustainability and institutional design of the systems, shifting part of the social and economic risks away from the State and on to participants. In recent years, the authorities in both countries identified the main problems facing current pension systems as inadequate coverage for older adults and the low level of benefits. The two countries have responded differently, however, owing to institutional and political divergences. In Chile, a lengthy participatory process resulted in a wide-ranging reform targeting medium-term effects through carefully calibrated adjustments. In contrast, the reforms in Argentina were made through a succession of corrections, with little public discussion of their implications or effects on coverage and fiscal needs. 2012-03-30T07:30:17Z 2012-03-30T07:30:17Z 2010 Journal Article CEPAL Review 02512920 http://hdl.handle.net/10986/4898 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article Argentina Chile |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
EN |
| topic |
Social Security and Public Pensions H550 Economics of the Elderly Economics of the Handicapped Non-labor Market Discrimination J140 Economic Development: Human Resources Human Development Income Distribution Migration O150 Fiscal and Monetary Policy in Development O230 |
| spellingShingle |
Social Security and Public Pensions H550 Economics of the Elderly Economics of the Handicapped Non-labor Market Discrimination J140 Economic Development: Human Resources Human Development Income Distribution Migration O150 Fiscal and Monetary Policy in Development O230 Rofman, Rafael Fajnzylber, Eduardo Herrera, German Reforming the Pension Reforms: Argentina and Chile |
| geographic_facet |
Argentina Chile |
| relation |
http://creativecommons.org/licenses/by-nc-nd/3.0/igo |
| description |
This article describes the most recent pension reforms in Argentina and Chile. The previous reforms, implemented in the 1980s and 1990s, aimed to improve long-term fiscal sustainability and institutional design of the systems, shifting part of the social and economic risks away from the State and on to participants. In recent years, the authorities in both countries identified the main problems facing current pension systems as inadequate coverage for older adults and the low level of benefits. The two countries have responded differently, however, owing to institutional and political divergences. In Chile, a lengthy participatory process resulted in a wide-ranging reform targeting medium-term effects through carefully calibrated adjustments. In contrast, the reforms in Argentina were made through a succession of corrections, with little public discussion of their implications or effects on coverage and fiscal needs. |
| format |
Journal Article |
| author |
Rofman, Rafael Fajnzylber, Eduardo Herrera, German |
| author_facet |
Rofman, Rafael Fajnzylber, Eduardo Herrera, German |
| author_sort |
Rofman, Rafael |
| title |
Reforming the Pension Reforms: Argentina and Chile |
| title_short |
Reforming the Pension Reforms: Argentina and Chile |
| title_full |
Reforming the Pension Reforms: Argentina and Chile |
| title_fullStr |
Reforming the Pension Reforms: Argentina and Chile |
| title_full_unstemmed |
Reforming the Pension Reforms: Argentina and Chile |
| title_sort |
reforming the pension reforms: argentina and chile |
| publishDate |
2012 |
| url |
http://hdl.handle.net/10986/4898 |
| _version_ |
1764393162478977024 |