Overview

The experience of privatization of social security has been predominantly in the Latin American region. Eight countries have undertaken either full or partial privatization of pensions: Argentina, Bolivia, Chile, Colombia, El Salvador, Mexico, Peru, and Uruguay. What did the policymakers expect? Were expectations realized? Can we learn anything from the collective experience of these countries? Can they be applied to other countries that are aspiring to privatize? How did the World Bank and other international institutions affect these policies? This text analyzes in detail these questions. The book begins with a detailed account of economic conditions in Latin America. It then discusses various models that policymakers rely on. Starting with a purely demographic model, it lays out advanced models of overlapping generations of Samuelson. The book gives extensive details of privatized pensions in each of the eight reforming countries. Two chapters are devoted to analyzing the reform in each country. Finally, detailed lessons are drawn that aim to help shape the debate for policymakers in other countries.

Full Product Details

Author:   Tapen Sinha
Publisher:   Springer
Imprint:   Springer
Edition:   2000 ed.
Volume:   23
Dimensions:   Width: 15.50cm , Height: 1.90cm , Length: 23.50cm
Weight:   1.380kg
ISBN:  

9780792378822

ISBN 10:   0792378822
Pages:   306
Publication Date:   31 August 2000
Audience:   College/higher education ,  Professional and scholarly ,  Undergraduate ,  Postgraduate, Research & Scholarly
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print  
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Table of Contents

1. A Historical View of Latin America.- 2. Models of Social Security.- 3. Nature of Privatization in Latin America.- 4. Impact of Privatization of Retirement Systems.- 5. Analysis of Privatization of Retirement Systems.- 6. Lessons from Latin America.

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