Privatized Retirement And how the Current Crisis has Worsen Worker’s Losses

Camila Gripp

Working Papers from eSocialSciences

Abstract: The debate around retrenchment of pension systems became really popular in the 1990’s after the pioneering experience of Chile in 1981.The disastrous outcomes of the Chilean reform were widely known by the 2000’s although no relevant steps backwards were taken. This paper analyses the consequences how the current international crisis has been making matters worse.

Keywords: Welfare state; pension; universalism; decommodification; privatized retirement; pensions system; pensions funds; financial crisis; employee contributions; employer contributions; Latin America; Chile; risk; individual risk; pension privatization (search for similar items in EconPapers)
Date: 2009-07
New Economics Papers: this item is included in nep-age
Note: Institutional Papers
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Persistent link: https://EconPapers.repec.org/RePEc:ess:wpaper:id:2112

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