Privatized Retirement And how the Current Crisis has Worsen Worker’s Losses
AbstractThe debate around retrenchment of pension systems became really popular in the 1990’s after the pioneering experience of Chile in 1981.The disastrous outcomes of the Chilean reform were widely known by the 2000’s although no relevant steps backwards were taken. This paper analyses the consequences how the current international crisis has been making matters worse.
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Bibliographic InfoPaper provided by eSocialSciences in its series Working Papers with number id:2112.
Date of creation: Jul 2009
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Welfare state; pension; universalism; decommodification; privatized retirement; pensions system; pensions funds; financial crisis; employee contributions; employer contributions; Latin America; Chile; risk; individual risk; pension privatization;
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