PENSION REFORM, POLITICAL PRESSURE AND PUBLIC CHOICE – THE CASE OF FRANCE

Laura Thompson

Economic Affairs, 2008, vol. 28, issue 4, 68-71

Abstract: An ageing population and generous public sector pensions have put significant pressure on the funding of the French pension system making a reduction in the scope of state pension schemes imperative. Yet, as public‐choice theory would predict, lobbying by interest groups has made reform difficult to achieve.

Date: 2008
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