Andrés Solimano

The Rise and Fall of the Privatized Pension System in Chile (eBook, ePUB)

An International Perspective

• Format: ePub

Produktbeschreibung

'The Rise and Fall of the Privatized Pension System in Chile' focuses on the Chilean experience with a privatised pension system since the early 1980 when launched by the Pinochet regime. It explores economic, financial and political economy dimensions of a private pension system based on individual savings capacity implemented in a highly unequal country. The book also highlights the role played by the pension system as a mechanism of savings redistribution from wage earners and the self-employed to the funding of big corporations at home and abroad, in a process intermediated by profit-making pension fund management companies. The book compares the resilience of Chile's private pension system with the reversals of the privatised pension system in recent years in countries of Latin America and Central-Eastern Europe. It outlines a program of structural pension reform towards a more progressive, public-based system.

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Produktdetails

• Verlag: Anthem Press
• Seitenzahl: 122
• Erscheinungstermin: 18. Februar 2021
• Englisch
• ISBN-13: 9781785273582
• Artikelnr.: 61254493

Autorenporträt

Andrés Solimano holds a PhD in economics from MIT and is founder and president of the International Center for Globalisation and Development.

Inhaltsangabe

Acknowledgments
1 Introduction
2 An Overview of Social Security: Purposes, Modalities and Historical Evolution
3 The Rise and Fall of Pension Privatization in Latin America and Central and Eastern Europe
The Evolution of Social Protection and Pension Systems in Chile from the 19th Century until Its Privatization in the 1980s
Empirical Elements for Evaluating the Privatized Chilean Pension System
6 Synthesis and Conclusions: Reform Paralysis and the Road to De-privatization
References
Index.