Unfunded pension systems : ageing and migration /
Material type:
TextPublication details: Amsterdam ; London : Elsevier, c2004.Description: xii, 271 p. :illISBN: - 0444517324
- 9780444517326
- 331.252 UEB
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CBN BAUCHI BRANCH LIBRARY General Stacks | Non-fiction | 331.252 UEB (Browse shelf(Opens below)) | c.1 | Available | 31008100194600 | ||
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| 331.252 HOS Hosking's pension schemes and retirement benefits / | 331.252 MUR Economic aspects of pensions : | 331.252 UEB Unfunded pension systems : | 331.252 UEB Unfunded pension systems : | 331.252 WAR Managing the pensions revolution : | 331.252094 McC Pensions Policy: | 331.252094 McC Pensions Policy: |
Includes bibliographical references and index.
Pension systems in most industrialised countries are unfunded, i.e. they are pay-as-you-go financed and thus depend on a well-balanced ratio (old) recipients to (young) contributors. This so-called dependency ratio will worsen significantly in the next few decades due to two developments: ageing of the population and increased labour mobility.This book analyses the viability of unfunded pension systems in the presence of the projected demographic evolution. The analysis focuses on questions concerning a) efficiency considerations and the possibility of welfare improvements; b) political economy aspects and the feasibility of reforms; c) the process of European integration and its influence on national pension systems. The theoretical analysis is complemented in numerous ways by quantitative parts and institutional details.
rpm 22/09/16, ijb 19/03/2019
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