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Assessing Pension System Reforms in Latin America
Author(s) -
Claramunt Carlos Ochando
Publication year - 2004
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.2004.00186.x
Subject(s) - latin americans , social security , pension system , pension , administration (probate law) , economics , economic policy , business , public economics , development economics , political science , finance , market economy , law
During the 1980s and 1990s sweeping structural changes were made to social security systems in a number of Latin American countries. This paper aims to assess the impact of those reforms, showing their possible limitations, risks and internal malfunctions. The impact on the following will be considered: (a) coverage; (b) risks and uncertainty; (c) redistributive aspects; (d) savings; and (e) the administration and management costs of the new system.