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Public and private pension spending: principles, practice and the need for reform

  • James Banks

    ()

    (Institute for Fiscal Studies and University College London)

  • Carl Emmerson

    ()

    (Institute for Fiscal Studies)

This paper surveys the issue of public spending on pensions. Drawing on evidence from systems around the world, but particularly in Britain, we outline the arguments for different types of public and private provision of pension income and consider how far they go towards meeting the objectives of pension provision. We discuss past trends in spending and look at future projections.

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Article provided by Institute for Fiscal Studies in its journal Fiscal Studies.

Volume (Year): 21 (2000)
Issue (Month): 1 (March)
Pages: 1-63

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Handle: RePEc:ifs:fistud:v:21:y:2000:i:1:p:1-63
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