Social Security in Times of Crisis

Utureanu Simona-Luize ()
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Utureanu Simona-Luize: „Ovidius” University of Constanta, Faculty of Economic Sciences

Ovidius University Annals, Economic Sciences Series, 2011, vol. XI, issue 2, 1317-1320

Abstract: The combination of slow economic growth and the effects of accelerating population ageing had a big impact on the social and economic environment. But despite this, in the recent period could be observed that the social security systems best able to manage the crisis’ social and economic impacts were of those countries which had comprehensive social security programmes already in place (Bonnet, Ehmke and Hagemejer, 2010). These programmes not only provided policy-makers with immediate responses to help sustain aggregate demand, but also provided a greater choice of instruments with which to reach out, sometimes selectively, to different population groups at risk.

Keywords: social security; private pension; pension funds; financial crisis (search for similar items in EconPapers)
JEL-codes: E J (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xi:y:2011:i:9:p:1317-1320

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