Full Description
This book examines the major economic challenges associated with the sustainability of public pensions, specifically demographic change, labor-market relations, and risk sharing. The issue of public pensions occupies the political and economic agendas of many major governments in the world. International organizations such as the World Bank and the OECD warn that the economic changes driven by an aging society negatively affects the sustainability of pension systems. This book analyzes different global public pension systems to offer policies, methods and tools for sustainable public pensions. Real case studies from France, Sweden, Latin America, Algeria, USA and Mexico are featured.
Contents
Chapter 1. Public Pensions Systems. Bibliometric Study of Academic Publications in Scientific Journals.- Chapter 2. Demographic and Social Challenges in the Design of Public Pension Schemes.- Chapter 3. The Public Pension Systems and the Economic Crisis.- Chapter 4. Pensions, Economic Growth and Welfare in Advanced Economies.- Chapter 5. Pension Systems and Labour Market Participation in European Countries.- Chapter 6. Sustainability of Public Pension Systems.- Chapter 7. Equity of Public Pension Systems.- Chapter 8. Adequacy of Public Pension Systems.- Chapter 9. Longevity Insurance Benefits for Social Security: International Experience.- Chapter 10. The French Mandatory Occupational Pension Scheme: History and Properties of a Point System.- Chapter 11. Last Lessons Learned from the Swedish Public Pension System.- Chapter 12. The New Wave of Pension Reforms in Latin America.- Chapter 13. Financial Sustainability of the Algerian Retirement System: a Perspective Analysis of the 50 Coming Years.- Chapter 14. Pension Design and Risk Sharing: Mixed Solutions Between Defined Benefit and Defined Contribution for Public Pension Schemes.- Chapter 15. Automatic Balancing Mechanisms for Pay-As-You-Go Pension Finance: Do they Actually Work?- Chapter 16. The Role of Complementary Pensions.- Chapter 17. A Two-Regime Performance Test of the Mexican Public Pension Funds (SIEFOREs).- Chapter 18. Regime-Switching in the Volatility of Mexican Pension Fund Returns.- Chapter 19. Critical Issues of Public Pension System: the Italian Case.- Chapter 20. Reinventing Social Security: Towards a Mixed Two-steps Pension System.
