Name: The Rise and Fall of the Privatized Pension System in Chile: An International Perspective
Price: 125.00 USD
Availability: InStock
Author: AndrÉS Solimano
ISBN: 9781785273568

portada The Rise and Fall of the Privatized Pension System in Chile: An International Perspective

Type

Physical Book

Publisher

Anthem Pr

Author

AndrÉS Solimano

Format

Hardcover

ISBN13

9781785273568

Synopsis "The Rise and Fall of the Privatized Pension System in Chile: An International Perspective"

‘The Rise and Fall of the Privatized Pension System in Chile’ focuses on the Chilean experience with a privatised pension system since the early 1980 when launched by the Pinochet regime. It explores economic, financial and political economy dimensions of a private pension system based on individual savings capacity implemented in a highly unequal country. The book also highlights the role played by the pension system as a mechanism of savings redistribution from wage earners and the self-employed to the funding of big corporations at home and abroad, in a process intermediated by profit-making pension fund management companies. The book compares the resilience of Chile’s private pension system with the reversals of the privatised pension system in recent years in countries of Latin America and Central-Eastern Europe. It outlines a program of structural pension reform towards a more progressive, public-based system.

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