Seguridad social y competencia política
In Uruguay, like in other countries in Latin America, the management of the public social security programs has been frequently criticized. These programs have shown financial problems and high evasion and have been slow to adjust to the demographic changes. I argue in this paper that the poor management, the evasion and the inability to adapt to changing conditions were determined to a large extent by the old rules of the game. The public social security programs were administered with large degrees of discretion, both in terms of granting benefits and monitoring the contributions. I hypothesize that the whole society supported the discretionary social policy, because of the flexibility associated to this policy regime. The discretionary social policy was accepted as a substitute for the formal Welfare State that could not be organized. I also argue that the social security reform initiated in 1995 involved an institutional change that reduces the room for discretion in the system and put a halt to clientelism.
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- Svensson, Lars E.O. & Faust, John, 1998.
"Transparency and Credibility: Monetary Policy with Unobservable Goals,"
636, Stockholm University, Institute for International Economic Studies.
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- Faust, J. & Svensson, L.E.O., 1998. "Transparency and Credibility: Monetary Policy with Unobservable Goals," Papers 636, Stockholm - International Economic Studies.
- Faust, Jon & Svensson, Lars E O, 1998. "Transparency and Credibility: Monetary Policy with Unobservable Goals," CEPR Discussion Papers 1852, C.E.P.R. Discussion Papers.
- Jon Faust & Lars E. O. Svensson, 1998. "Transparency and Credibility: Monetary Policy with Unobservable Goals," NBER Working Papers 6452, National Bureau of Economic Research, Inc.
- Jon Faust & Lars E.O. Svensson, 1998. "Transparency and credibility: monetary policy with unobservable goals," International Finance Discussion Papers 605, Board of Governors of the Federal Reserve System (U.S.).
- Richard Disney, 1996. "Can We Afford to Grow Older?," MIT Press Books, The MIT Press, edition 1, volume 1, number 026204157x, June.
- Alvaro Forteza, 2001. "Electoral competition and the unfunding of public pension programs," Documentos de Trabajo (working papers) 0101, Department of Economics - dECON.
- Peter Diamond, 1998. "The Economics of Social Security Reform," NBER Working Papers 6719, National Bureau of Economic Research, Inc.
- Olivia S. Mitchell & Flavio Ataliba Barreto, 1997. "After Chile, What? Second-Round Pension Reforms in Latin America," NBER Working Papers 6316, National Bureau of Economic Research, Inc.
- Herrendorf, Berthold, 1999. "Transparency, reputation, and credibility under floating and pegged exchange rates," Journal of International Economics, Elsevier, vol. 49(1), pages 31-50, October.
- Alesina, Alberto & Tabellini, Guido, 1988. "Credibility and politics," European Economic Review, Elsevier, vol. 32(2-3), pages 542-550, March.
- Alvaro Forteza, 1998. "Los efectos fiscales de la Reforma de la Seguridad Social uruguaya," Documentos de Trabajo (working papers) 0898, Department of Economics - dECON.
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