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Chile and beyond: The second‐generation pension reforms in Latin America
Author(s) -
Queisser Monika
Publication year - 1995
Publication title -
international social security review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.349
H-Index - 28
eISSN - 1468-246X
pISSN - 0020-871X
DOI - 10.1111/j.1468-246x.1995.tb00444.x
Subject(s) - latin americans , pension , democracy , context (archaeology) , politics , political science , old age security , economic growth , development economics , economic policy , economics , sociology , geography , population , research methodology , demography , archaeology , birth rate , law
In the early 1990s, pension reforms leading to substantial changes in the organization and financing of old age security were undertaken in Argentina, Colombia and Peru. Implemented ten years after the pioneer reforms in Chile, they have taken advantage of the experiences and lessons of the Chilean case; at the same time, the second‐generation reforms clearly demonstrate the restrictions policy makers are being faced with in a democratic political context. This paper examines the recent pension reform experiences in Latin America and discusses their implications for a modified concept of old age security.