Advanced Search
MyIDEAS: Login to save this article or follow this journal

The pension systems of Arab countries in the light of socio-economic risks

Contents:

Author Info

  • József Kárpáti

    ()
    (Central Statistical Office)

Registered author(s):

    Abstract

    The pension systems of Middle Eastern and the North African Arab Countries are facing several threats that will not only endanger their old-age benefit schemes in the foreseeable future, but will also deepen social conflicts. This article examines four groups of factors that reinforce one another’s possible impacts. Among social factors it is important to emphasize the special, underprivileged position of women, and the traditional multi-generation family model, which is insufficient to resolve the issue of caring for the elderly. The next group is demographic phenomena. These processes are going to translate into considerable burdens for the next generation – as a result of the changes occurring in terms of other accompanying processes – of these societies, whose composition is very young compared to European societies. The third group of factors includes general economic factors, such as high unemployment rates, low economic activity, and the size of the grey and black economies in these societies. As an implicit problem, there are many apparent internal shortcomings in the management of the existing pension systems. Problems such as low coverage, the lack of social solidarity-based pension schemes, covering a broader social basis, and incorrect parameter regulations are present in these systems. The analysed factors paint a gloomy picture about the long term processes, which are worth examining in more detail in Europe, in as much as general conclusions can be drawn that can later be applied to European pension systems.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.asz.hu/public-finance-quarterly-articles/2011/the-pension-systems-of-arab-countries-in-the-light-of-socio-economic-risks/karpati-179-192-a.pdf
    Download Restriction: no

    Bibliographic Info

    Article provided by State Audit Office of Hungary in its journal Public Finance Quarterly.

    Volume (Year): 56 (2011)
    Issue (Month): 2 ()
    Pages: 179-192

    as in new window
    Handle: RePEc:pfq:journl:v:56:y:2011:i:2:p:179-192

    Contact details of provider:
    Web page: http://www.asz.hu

    Related research

    Keywords: Pay as You Go; public pensions; social security; population; fertility; labour market;

    Find related papers by JEL classification:

    References

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
    as in new window
    1. Vincenzo Galasso, 2008. "The Political Future of Social Security in Aging Societies," MIT Press Books, The MIT Press, edition 1, volume 1, number 026257246x, December.
    2. David Robalino, 2005. "Pensions in the Middle East and North Africa: Time for Change," World Bank Publications, The World Bank, number 7427, August.
    Full references (including those not matched with items on IDEAS)

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:pfq:journl:v:56:y:2011:i:2:p:179-192. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Pál Péter Kolozsi).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.