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Mandatory pension funds in Chile: decline of the arrangement?

Author

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  • Ząbkowicz Anna

    (Jagiellonian University in Cracow, Faculty of Management and Social Communication)

Abstract

Chile has been both a pioneer and the most radical follower of the idea of converting pension savings into contributions to privately-managed capital funds. Two recent portions of reforms under President Bachelet extended the social safety net as well as re-introduced publicly-administered programs on behalf of retirees.

Suggested Citation

  • Ząbkowicz Anna, 2017. "Mandatory pension funds in Chile: decline of the arrangement?," Financial Internet Quarterly (formerly e-Finanse), Sciendo, vol. 13(4), pages 149-155, December.
    • Handle: RePEc:vrs:finiqu:v:13:y:2017:i:4:p:149-155:n:7
    DOI: 10.1515/fiqf-2016-0043
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    References listed on IDEAS

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    1. Sarfati, Hedva. & Ghellab, Youcef., 2012. "The political economy of pension reforms in times of global crisis : state unilateralism or social dialogue?," ILO Working Papers 994685753402676, International Labour Organization.
    2. Ajit Singh, 1998. "Pension Reform, the Stock Market, Capital Formation and Economic Growth: A Critical Commentary on the World Bank’s Proposals," Istanbul Stock Exchange Review, Research and Business Development Department, Borsa Istanbul, vol. 2(8-7), pages 51-78.
    3. Barr, Nicholas & Diamond, Peter, 2008. "Reforming Pensions: Principles and Policy Choices," OUP Catalogue, Oxford University Press, number 9780195311303.
    4. repec:ilo:ilowps:468575 is not listed on IDEAS
    5. Carmelo Mesa‐Lago & Fabio Bertranou, 2016. "Pension reforms in Chile and social security principles, 1981–2015," International Social Security Review, John Wiley & Sons, vol. 69(1), pages 25-45, January.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    the political economy of pension reforms; funded pensions; risk sharing;
    All these keywords.

    JEL classification:

    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State
    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;

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