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The Rise and Fall of the Privatized Pension System in Chile An International Perspective.

'The Rise and Fall of the Privatized Pension System in Chile' analyses the Chilean experience with a privatised pension system and examines its impact on pension levels for the ageing population, differences in benefits across different groups, impact on local capital markets, savings redi...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Solimano, Andrés
Formato: Electrónico eBook
Idioma:Inglés
Publicado: London : Anthem Press, 2021.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Cover
  • Front Matter
  • Half-title
  • Title page
  • Copyright information
  • Tables of Contents
  • Acknowledgments
  • Chapters 1-6
  • Chapter 1 Introduction
  • The Chilean Experience
  • The Structure of the Privatized Chilean Pension System
  • The Battle for Pension Reform and the Blocking of Change
  • Partial Reforms
  • Organization of the Book
  • Chapter 2 An Overview of Social Security: Purposes, Modalities and Historical Evolution
  • 2.1 Purposes and Modalities
  • 2.1.1 Pension systems as a social contract: The pay-as-you-go modality
  • 2.1.2 Demographic challenges
  • 2.1.3 Defined contributions and defined benefits
  • 2.1.4 Wage-labor, the self-employed and social security
  • 2.1.5 Volatility in financial markets
  • 2.2 Historical Origins of Social Security and Pension Systems
  • 2.2.1 Core Capitalist economies
  • 2.2.2 Containment of social security benefits in the 1980s
  • 2.2.3 Further cuts in pension benefits during the 1990s and 2000s
  • 2.3 Brief Historical Background of Social Security in Latin America
  • Chapter 3 The Rise and Fall of Pension Privatization in Latin America and Central and Eastern Europe
  • 3.1 Introduction
  • 3.2 Privatization within Worldwide Dominance of Public Pension Systems
  • 3.3 The Cycle of Pension System Privatization and De-privatization
  • 3.3.1 The privatization phase: Objectives, assumptions and reality
  • Overall Objectives
  • Underlying assumptions.
  • Neglected issues and critical points.
  • 3.3.2 The de-privatization phase: Reversals
  • 3.4 The Pension Privatization/De-privatization Cycle in Argentina (1994-2008), Hungary (1998-2011) and Poland (1999-2014)
  • 3.4.1 The case of Argentina
  • 3.4.2 The case of Hungary
  • 3.4.3 The case of Poland
  • Nationalization of pillar II and other changes
  • 3.4.4 Lessons of comparative international experience in de-privatization
  • Chapter 4 The Evolution of Social Protection and Pension Systems in Chile from the 19th Century until Its Privatization in the 1980s
  • 4.1 Introduction
  • 4.2 Development of Social Security and Labor Legislation from the 19th Century
  • 4.2.1 The Rush of Labor Legislation in the 1920s
  • 4.2.2 The Reforms of 1952-53
  • 4.2.3 Reform Efforts by the Frei-Montalva and Allende Governments
  • 4.3 The Pinochet Regime: From Eclectic Corporatism (Draft Pension Law of 1975) to a Privatized Pension System (DL 3,500 o
  • 4.3.1 Corporatists and Neoliberals
  • 4.4 The Military Entertains Doubts on the Privatization Scheme and Remain in Their Old State-Funded System
  • 4.5 Concluding Remarks
  • Annex
  • Chapter 5 Empirical Elements for Evaluating the Privatized Chilean Pension System
  • 5.1 Introduction
  • 5.2 Average Old Age Pensions Paid by Private and Public Contributory Pillars
  • 5.3 Frequency Distribution for Old age Pensions Paid by the AFP System