Retiring the State: The Politics of Pension Privatization in Latin America and Beyond - Couverture souple

Madrid, Raul L.

 
9780804747073: Retiring the State: The Politics of Pension Privatization in Latin America and Beyond

Synopsis

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.

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À propos de l?auteur

Raúl L. Madrid is Assistant Professor of Government at the University of Texas, Austin.

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Autres éditions populaires du même titre

9780804747066: Retiring the State: The Politics of Pension Privatization in Latin America and Beyond

Edition présentée

ISBN 10 :  0804747067 ISBN 13 :  9780804747066
Editeur : Stanford University Press, 2003
Couverture rigide