Pension Security in the 21st Century
Redrawing the Public-Private Debate
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Product details:
- Publisher OUP Oxford
- Date of Publication 20 November 2003
- ISBN 9780199261765
- Binding Hardback
- No. of pages308 pages
- Size 240x160x20 mm
- Weight 587 g
- Language English
- Illustrations numerous line drawings/ tables 0
Categories
Short description:
Future pension provision is highly controversial; it juxtaposes the challenges of old age security with the exigencies of global finance. This multi-disciplinary book, of interest to political scientists, social policy academics and economists, exposes the contradictory political and financial pressures currently experienced by major western economies.
MoreLong description:
Future pension provision is highly controversial; it juxtaposes the challenges of old age security with the exigencies of global finance.
Clearly, demography, finance and public accountability are crucial to current political debate. But there are other important issues. The problems of paying for the retirement of the baby boom generation has exposed profound differences in the advanced economies in terms of their financial institutions and infrastructure. Pension security has been re-conceptualised, in part, as an issue of global finance and international comparative advantage bringing with it a re-definition of risk and pension security.
This book examines how major continental European and Anglo-American countries are dealing with these pressures, to what extent these responses are beginning to redraw the boundaries between public and private responsibility for pension security, and what the implications of public-private partnerships are for the financial organisation and infrastructure of European and global financial markets, and the nation-based welfare state.
The contributors, all involved in policy development in their respective countries, assess the comparative strengths and weaknesses of recent pension initiatives in the light of continuing fiscal constraints and current market instabilities. Using a tight comparative framework, the book questions assumed divisions between states and markets, as new divisions between public and private spheres of pension responsibility require new regulatory machinery to guarantee future security.
This book provides a vital reference point in understanding pension security in the 21st century for academics and postgraduates in the social sciences, economics and finance, geography, politics and social policy, policy makers in OECD countries and industry professionals.
Here is the best guide to the turmoil into which European pensions are being plunged. At last, a book that provocatively recasts the debate, written by first-class experts, who expose the complex political and financial dimensions of an issue that, in the long run, is central to all of us in later life.
Table of Contents:
Introduction
Historical Perspectives and the Politics of Pension Reform: Constructing the Public-Private Divide
Pensions: The European Debate
Is there a Dutch way to Pension Reform?
Facing the Pension Crisis in France
A Pension System in Transition: Private Pensions as Partial Substitute for Public Pensions in Germany
Pension Reform in Sweden and the Changing Boundaries Between Public and Private
Pension Reform in the United Kingdom: Increasing the Role of Private Provision?
Restructuring Pensions for the 21st Century: The United States' Social Security Debate
21st Century Pension (In)Security