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Non-contributory pensions: Bolivia and Antigua in an international context

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  • Willmore, Larry

Abstract

Abstract The author examines the pension systems of Bolivia and Antigua in the context of non-contributory pensions around the world, concluding with policy lessons. Universal pensions available to everyone of eligible age, regardless of income, assets or employment history, have many advantages over targeted pensions. If targeting is desired, it is best done with ex post recovery from other income rather than ex ante means tests. For reasons that are unclear, governments almost always prefer ex ante tests to ex post controls for noncontributory pensions, even though the reverse is true for tax collection. The worst type of old age pension, from the point of view of poverty relief, is a minimum pension tied to a contributory system or to government service, for this excludes the poorest and most vulnerable from benefits. Key words: Bolivia, Antigua and Barbuda, non-contributory pensions, social security, targeting, means tests.

Suggested Citation

  • Willmore, Larry, 2006. "Non-contributory pensions: Bolivia and Antigua in an international context," Financiamiento para el Desarrollo 167, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
  • Handle: RePEc:ecr:col035:5145
    Note: Includes bibliography
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    File URL: http://repositorio.cepal.org/handle/11362/5145
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    References listed on IDEAS

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    2. Bertranou, Fabio & Grushka, Carlos O. & Shulthess, Walter, 2000. "Proyección de responsabilidades fiscales asociadas a la reforma previsional en Argentina," Financiamiento para el Desarrollo 94, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    3. Vargas, Juan Rafael, 1995. "Flujos financieros internacionales privados de capital a Costa Rica," Financiamiento para el Desarrollo 35, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    4. Chisari, Omar & Ferro, Gustavo & González, Mariano & León, Sonia & Maquieryra, Javier & Mastronardi, Leonardo & Roitman, Mauricio & Romero, Carlos & Theller, Ricardo, 2010. "Modelo de Equilibrio General Computado para la Argentina 2006," UADE Textos de Discusión 63_2010, Instituto de Economía, Universidad Argentina de la Empresa.
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    Cited by:

    1. Collister, Keith R., 2007. "A new approach to development banking in Jamaica," Financiamiento para el Desarrollo 193, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    2. Guillermo Cruces & Quentin Wodon, 2007. "Risk-adjusted poverty in Argentina: measurement and determinants," Journal of Development Studies, Taylor & Francis Journals, vol. 43(7), pages 1189-1214.
    3. Miguel Ángel Borrella Mas & Mariano Bosch Mossi & Marcello Sartarelli, 2016. "Non-Contributory Pensions Number-Gender Effects on Poverty and Household Decisions," Working Papers. Serie AD 2016-02, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    4. Cruces, Guillermo & Galiani, Sebastian, 2007. "Fertility and female labor supply in Latin America: New causal evidence," Labour Economics, Elsevier, vol. 14(3), pages 565-573, June.
    5. James, Vanus, 2007. "New directions for development banking in the Caribbean: financing to take advantage of unlimited supplies of labour skills and entrepreneurship," Financiamiento para el Desarrollo 196, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    6. Sandiford, Wayne, 2007. "Development banking in the Eastern Caribbean: the case of Saint Lucia and Grenada," Financiamiento para el Desarrollo 197, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    7. -, 2011. "Distributive impact of public policy," Libros y Documentos Institucionales, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 3137 edited by Eclac.
    8. Bebczuk, Ricardo N., 2007. "Access to credit in Argentina," Financiamiento para el Desarrollo 188, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    9. -, 2010. "Economic Survey of Latin America and the Caribbean 2009-2010: The distributive impact of public policies," Estudio Económico de América Latina y el Caribe, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 1072 edited by Eclac, March.
    10. -, 2006. "Shaping the future of social protection: access, financing and solidarity," Documentos de posición del período de sesiones de la Comisión 2807, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    11. Paddison, Oliver, 2006. "Social security in the english-speaking Caribbean," Financiamiento para el Desarrollo 178, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    12. -, 2006. "Shaping the future of social protection: access, financing and solidarity," Libros y Documentos Institucionales, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 2807 edited by Eclac.
    13. Palmer, Edward, 2006. "Public policy for pensions, health and sickness insurance: potential lessons from Sweden for Latin America," Financiamiento para el Desarrollo 179, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).

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