Social security expenditures in Brazil: evolution, diagnosis and perspectives
Ana Cláudia de Além () and
Fabio Giambiagi ()
Brazilian Journal of Political Economy, 1999, vol. 19, issue 1, 129-155
Abstract:
This paper presents the evolution of the components related to the Social Securityexpenditures in Brazil. It is shown that between 1980 and 1990 the number of benefitsmaintained had a yearly growth rate of 4,8%. This rate was maintained between 1990 and1996. This fact was explained by the combination of exceptionally negative impacts withsome other specially favourable. In the first case, it is included the duplication, from 1,9 to3,8 millions of retired people in the rural areas, between 1991 and 1994, while in the secondcase the fall of more than 8% in the: benefits excepted retirements and pensions duringthe current decade is the most outstanding phenomenon. Based on some hypotheses, someprojections for the Social Security expenditures for the current and the next Government aremade. It is concluded, based on some realistic parameters, that these expenditures shouldgrow between 4,5 – more probably – and 5,5% by year, as an average, during the next years. JEL Classification: H55; O15.
Keywords: Public expenditures; pension reform; public pension (search for similar items in EconPapers)
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:ekm:repojs:v:19:y:1999:i:1:p:129-155:id:1048
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