Pathways to a universal basic pension in Greece
Although basic pension had for years failed to catch the imagination of policy makers in Greece, it was suddenly brought to the agenda in the context of the severe crisis raging since November 2009. In May 2010 the government committed to a harsh austerity programme, aiming at fiscal consolidation, in return for a rescue package easing the sovereign debt crisis. The July 2010 pension reform, a key provision of the austerity programme, provided for the introduction of a near-universal basic pension from 2015. The paper attempts to explain why, paradoxically, the crisis made more realistic a universal basic pension in Greece. We argue, firstly, that social insurance pensions may be ripe for path-breaking reform if heavily subsidised in a non-transparent way, and, secondly, that any progress towards basic income is likely to be gradual, uneven and specific to the national policy context.
|Date of creation:||11 Jan 2011|
|Publication status:||Forthcoming in Basic Income Studies|
|Contact details of provider:|| Postal: 76, Patission Street, Athens 104 34|
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References listed on IDEAS
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- Edward Whitehouse, 2007.
"Pensions Panorama : Retirement-Income Systems in 53 Countries,"
World Bank Publications,
The World Bank, number 7177, December.
- Whitehouse, Edward, 2007. "Pensions panorama: retirement-income systems in 53 countries," MPRA Paper 14797, University Library of Munich, Germany.
- Manos Matsaganis, 2007. "Union Structures and Pension Outcomes in Greece," British Journal of Industrial Relations, London School of Economics, vol. 45(3), pages 537-555, 09.
- Platon Tinios, 2010. "Vacillations around a Pension Reform Trajectory: time for a change?," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 34, Hellenic Observatory, LSE.
- Platon Tinios, 2010. "Vacillations around a pension reform trajectory: time for a change?," LSE Research Online Documents on Economics 27674, London School of Economics and Political Science, LSE Library.
- Goedemé Tim & Van Lancker Wim, 2009. "A Universal Basic Pension for Europe's Elderly: Options and Pitfalls," Basic Income Studies, De Gruyter, vol. 4(1), pages 1-26, August. Full references (including those not matched with items on IDEAS)
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