Pension privatization in Latin America

Katharina Müller
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Katharina Müller: Frankfurt Institute for Transformation Studies, European University Viadrina, Frankfurt (Oder), Germany, Postal: Frankfurt Institute for Transformation Studies, European University Viadrina, Frankfurt (Oder), Germany

Journal of International Development, 2000, vol. 12, issue 4, 507-518

Abstract: Shortly after Chancellor Bismarck had introduced mandatory pension insurance in Germany, public retirement schemes became popular all over Latin America. Nowadays, the picture has changed: a total of eight Latin American countries have introduced individually fully-funded schemes on a mandatory basis. The impact of these reform precedents extends far beyond the region. Two decades of pension privatization in Latin America provide us with some important policy lessons and with insights into the political economy of this radical paradigm shift Copyright © 2000 John Wiley & Sons, Ltd.

Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:wly:jintdv:v:12:y:2000:i:4:p:507-518

DOI: 10.1002/1099-1328(200005)12:4<507::AID-JID687>3.0.CO;2-A

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