Pension Privatization and Economic Development in Central Eastern European Pension Reform

Katharina Müller

Chapter 2 in Reforming Pensions in Developing and Transition Countries, 2014, pp 41-68 from Palgrave Macmillan

Abstract: Abstract A quarter century has passed since the start of economic, political and social transformation in Central Eastern Europe (CEE). Pension reform seemed inevitable, as the process of economic transformation strained the existing retirement systems. However, there was considerable disagreement on the paradigm to be followed. Was it sufficient to make parametric changes to the existing public pay-as-you-go (PAYG) systems, or were private, individually pre-funded (IPF) pension schemes a more appropriate solution?

Keywords: Capital Market; Pension Fund; Pension System; Pension Scheme; Pension Reform (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:sopchp:978-1-137-39611-2_2

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DOI: 10.1057/9781137396112_2

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