Retiring the State: The Politics of Pension Privatization in Latin America and Beyond - Softcover

Madrid, Raul L.

 
9780804747073: Retiring the State: The Politics of Pension Privatization in Latin America and Beyond
Softcover
ISBN 10: 0804747075 ISBN 13: 9780804747073
Publisher: Stanford University Press, 2003

Synopsis

In the 1990s, numerous Latin American nations privatized their public pension systems. These reforms dramatically transformed the way these countries provide retirement income, and they provoked widespread protests from workers and pensioners alike. Retiring the State represents the first book-length study of the origins of this surprising trend.

Drawing on original field research, including interviews with key policymakers, Madrid argues that the recent reforms were driven not by social policy, but by macroeconomic concerns. Countries facing growing financial pressures chose to privatize their pension systems largely to boost their domestic savings rates and reduce public pension spending in the long run. The author explores his arguments through detailed case studies of pension reform in Argentina, Brazil, and Mexico, a survey of social security privatization efforts in East Europe and Latin America as a whole, and a quantitative analysis of pension privatization worldwide.

"synopsis" may belong to another edition of this title.

About the Author

Raúl L. Madrid is Assistant Professor of Government at the University of Texas, Austin.

From the Back Cover

In the 1990s, numerous Latin American nations privatized their public pension systems. These reforms dramatically transformed the way these countries provide retirement income, and they provoked widespread protests from workers and pensioners alike. Retiring the State represents the first book-length study of the origins of this surprising trend.
Drawing on original field research, including interviews with key policymakers, Madrid argues that the recent reforms were driven not by social policy, but by macroeconomic concerns. Countries facing growing financial pressures chose to privatize their pension systems largely to boost their domestic savings rates and reduce public pension spending in the long run. The author explores his arguments through detailed case studies of pension reform in Argentina, Brazil, and Mexico, a survey of social security privatization efforts in East Europe and Latin America as a whole, and a quantitative analysis of pension privatization worldwide.

From the Inside Flap

In the 1990s, numerous Latin American nations privatized their public pension systems. These reforms dramatically transformed the way these countries provide retirement income, and they provoked widespread protests from workers and pensioners alike. Retiring the State represents the first book-length study of the origins of this surprising trend.
Drawing on original field research, including interviews with key policymakers, Madrid argues that the recent reforms were driven not by social policy, but by macroeconomic concerns. Countries facing growing financial pressures chose to privatize their pension systems largely to boost their domestic savings rates and reduce public pension spending in the long run. The author explores his arguments through detailed case studies of pension reform in Argentina, Brazil, and Mexico, a survey of social security privatization efforts in East Europe and Latin America as a whole, and a quantitative analysis of pension privatization worldwide.

"About this title" may belong to another edition of this title.

Publisher
Stanford University Press
Publication date
2003
Language
English
ISBN 10 
0804747075
ISBN 13 
9780804747073
Binding
Paperback
Number of pages
336

Other Popular Editions of the Same Title

9780804747066: Retiring the State: The Politics of Pension Privatization in Latin America and Beyond

Featured Edition

ISBN 10:  0804747067 ISBN 13:  9780804747066
Publisher: Stanford University Press, 2003
Hardcover