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After Chile, What? Second-Round Pension Reforms in Latin America

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Author Info
Olivia S. Mitchell
Flavio Ataliba Barreto

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Abstract

The apparent success of Chile's pension reform catalyzed a number of subsequent" reforms in sister Latin American nations, and the Chilean model' has now captivated the" attention of policymakers and researchers in the OECD as well. In this paper we identify six" critical elements of old-age pension reform, and examine how these six elements differ across the" Chilean reform, and several other Latin nations that followed in Chile's footsteps. We" emphasize how these other Latin American nations adopted different mechanisms to restructure" their old-age pension systems, and we highlight available evidence on system performance in" each case.

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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 6316.

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Date of creation: Dec 1997
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Handle: RePEc:nbr:nberwo:6316

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Find related papers by JEL classification:
J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped

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  1. Carlos Sales-Sarrapy & Fernando Solis-Soberon & Alejandro Villagomez-Amez, 1996. "Pension System Reform: The Mexican Case," NBER Working Papers 5780, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  2. Sebastian Edwards, 1996. "The Chilean Pension Reform: A Pioneering Program," NBER Working Papers 5811, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  3. Olivia S. Mitchell, . "Building an Environment for Pension Reform in Developing Countries," Pension Research Council Working Papers 97-7, Wharton School Pension Research Council, University of Pennsylvania. [Downloadable!]
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(explanations, 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.)

  1. Klaus-Jürgen Gern, 2002. "Recent Developments in Old Age Pension Systems: An International Overview," NBER Chapters, in: Social Security Pension Reform in Europe, pages 439-478 National Bureau of Economic Research, Inc. [Downloadable!]
  2. Johannes Jäger, 1998. "Die Privatisierung des Pensionssystems in Lateinamerika: Ursachen und Folgen des Experiments in Chile," SRE-Disc sre-disc-60, Department of City and Regional Development, Vienna University of Economics and Business Administration. [Downloadable!]
  3. Alvaro Forteza, 1999. "Política de clientelas y reformas de la Seguridad Social en América Latina," Documentos de Trabajo (working papers) 1899, Department of Economics - dECON. [Downloadable!]
  4. Eduardo Walker & Fernando Lefort, 2002. "Pension Reform And Capital Markets: Are There Any (Hard) Links?," Abante, Escuela de Administracion. Pontificia Universidad Católica de Chile., vol. 5(2), pages 77-149. [Downloadable!]
  5. Alvaro Forteza, 2003. "Seguridad social y competencia política," Documentos de Trabajo (working papers) 0403, Department of Economics - dECON. [Downloadable!]
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