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Retiring the State
Raúl L. Madrid
其他書名
The Politics of Pension Privatization in Latin America and Beyond
出版Stanford University Press, 2003
主題Business & Economics / GeneralBusiness & Economics / Human Resources & Personnel ManagementBusiness & Economics / Labor / Wages & CompensationBusiness & Economics / Personal Finance / GeneralBusiness & Economics / Personal Finance / Retirement PlanningBusiness & Economics / Government & BusinessHistory / Latin America / GeneralPhilosophy / Movements / PhenomenologyPolitical Science / GeneralPolitical Science / Public Policy / GeneralSocial Science / General
ISBN08047470679780804747066
URLhttp://books.google.com.hk/books?id=8cNFAAAAYAAJ&hl=&source=gbs_api
註釋In the 1990s, numerous Latin American nations privatized their public pension systems. These reforms dramatically transformed the way these countries provide retirement income, and they provoked widespread protests from workers and pensioners alike. Retiring the State represents the first book-length study of the origins of this surprising trend.

Drawing on original field research, including interviews with key policymakers, Madrid argues that the recent reforms were driven not by social policy, but by macroeconomic concerns. Countries facing growing financial pressures chose to privatize their pension systems largely to boost their domestic savings rates and reduce public pension spending in the long run. The author explores his arguments through detailed case studies of pension reform in Argentina, Brazil, and Mexico, a survey of social security privatization efforts in East Europe and Latin America as a whole, and a quantitative analysis of pension privatization worldwide.