Pension Reform in Six Countries: What Can We Learn From Each by Axel H. Börsch-Supan,Meinhard Miegel

By Axel H. Börsch-Supan,Meinhard Miegel

AxeI Borsch-Supan and Meinhard Miegel the supply of retirement source of revenue is a dynamic approach that should be tailored regularly to the ever altering financial and societal atmosphere. occasionally, incremental variations suffice; occasionally, despite the fact that, higher reform steps are worthwhile. We see this evolutionary strategy either via heritage and throughout nations. Over and back societies are faced with new demanding situations, no longer the least with recognize to outdated age social safety. At this juncture of historical past, just about all industrialized nations face fast inhabitants getting older and wish. to evolve their pension structures to this traditionally exceptional demographic swap. The six nations during this learn (Chile, Germany, nice Britain, the Netherlands, Switzerland, and the USA) have spoke back very otherwise to this new problem. this can be the purpose of departure for this booklet. Why did the nations reply so another way? What do we study from one another? it's not the purpose of this booklet to supply a universally optimum option to the pension difficulties brought on by inhabitants getting older. The six international locations are just too diversified by way of their demographic and cultural, and particularly by way of their old and fiscal backgrounds. despite the fact that, considering nationwide discussions are typically strangely narrowly focussed even in instances of globalization, there's a lot to benefit by means of having a look over the neighbor' s fence. and because a few nations have reformed in advance of others, we also have the advantage of numerous trials and blunders in a single kingdom from which all different international locations can learn.

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