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Sustainability and fairness still missing in the Greek social insurance system
Author(s) -
Christodoulakis Nicos
Publication year - 2018
Publication title -
managerial and decision economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.288
H-Index - 51
eISSN - 1099-1468
pISSN - 0143-6570
DOI - 10.1002/mde.2969
Subject(s) - multitude , bureaucracy , sustainability , task (project management) , social insurance , inequality , economics , public economics , business , political science , market economy , ecology , mathematical analysis , mathematics , management , politics , law , biology
Despite deep cuts in pensions recently implemented in Greece, the social insurance system is still characterized by a multitude of problems—financial, social, and organizational. These make it counterproductive in improving intragenerational inequality and intergenerational fairness, while its bureaucratic complexity makes the planning and implementation of reforms a difficult task. The aim of the paper is, first, to describe the long‐term adverse dynamics and, second, to suggest a road map of changes that ensure a fairer treatment among the various categories of pensioners as well as between them and current generation employees.