Pension Reforms In Central And Eastern European Countries And Their Outcomes
AbstractAll Central and Eastern European countries have achieved reforms of their pension systems varying in orientation and depth. We have presented the most important moments in the history of reforms of six countries (Romania, Hungary, Poland, Czech Republic, Slovakia and Bulgaria) and we have tried to explain the reforms’ motivation. The paper reviews the performance of the pension systems in the selected countries regarding the issues of pension adequacy and financial sustainability.
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Bibliographic InfoArticle provided by Universitatea Spiru Haret in its journal Annals of Spiru Haret University, Economic Series.
Volume (Year): 3 (2012)
Issue (Month): 1 ()
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More information through EDIRC
pension system; financial sustainability; pension adequacy; pension reforms; public pensions; private pensions;
Find related papers by JEL classification:
- H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
- J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
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- Ray Barrell & Ian Hurst & Simon Kirby, 2009. "How to Pay for the Crisis or Macroeconomic implications of pension reform," NIESR Discussion Papers 333, National Institute of Economic and Social Research.
- Andras Simonovits, 2009. "Hungarian Pension System and its Reform," IEHAS Discussion Papers 0908, Institute of Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences.
- Andras Simonovits, 2011. "The Mandatory Private Pension Pillar in Hungary: An Obituary," IEHAS Discussion Papers 1112, Institute of Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences.
- Barr, Nicholas & Diamond, Peter, 2008. "Reforming Pensions: Principles and Policy Choices," OUP Catalogue, Oxford University Press, number 9780195311303.
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