The Political Economy of Pension Reform in Central-Eastern Europe
'This book presents a fine and original comparative institutional analysis of pension reform in three Central-Eastern European countries: Hungary, Poland and the Czech Republic. This analysis is introduced by an examination of alternative models of design choices and policy blueprints, that is based on both theoretical insights and the experience of Western Europe and Latin America. Particularly interesting and convincing is the presentation of the role of Welfare Ministries and Finance Ministries in pension reform proposals and action and the role of budget deficits in determining the relative weight of the two constituencies.' - Bruno Dallago, European Association for Comparative Economic Studies and University of Trento, Italy 'I consider Ms Müller's study a most valuable and original contribution to the literature. Although pension reform is discussed all over the world presently, no comprehensive analysis for the transition countries is available. Ms Müller's study fills this gap . . . the presentation is concise and readable.' - Hans Jürgen Wagener, European University Viadrina, Frankfurt (Oder), Germany This highly topical book focuses on a particularly interesting area of post-1989 social policy. Existing public pension systems in Central-Eastern Europe underwent fundamental change as Latin-American style pension reforms were adopted. Such radical change in retirement provision defied conventional wisdom among scholars of the political economy of pension reform, suggesting a need for fresh research. This unique study accepts the challenge, focusing on the divergent pension reform experiences of Poland, Hungary and the Czech Republic.
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Design Choices and Policy Blueprints
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Argentine Bank's benefit levels Beveridgean Bismarckian Bismarckian-Beveridgean Breyer Central-Eastern Europe Central-Eastern European Chilean contribution rate countries Czech pension Czech Republic earnings-related economic economy of pension employees envisaged existing public PAYG Ferge fiscal gross wage Hungary IFF scheme IFF tier institutional Klaus Latin American Ministry of Finance Ministry of Labour Ministry of Welfare neoliberal old-age pension old-age scheme old-age security Orenstein 1998a organisation Palacios and Rocha paradigm choice PAYG system PAYG tier pension expenditures pension formula pension fund tier pension orthodoxy pension privatisation pension reform issue pension system Pierson Poland Poland and Hungary policymakers Polish pension reform political economy private IFF private pension funds proposal public PAYG scheme public pension scheme radical pension reform radical reform reform path retirement age retrenchment Rutkowski 1998 self-government social insurance social policy social security strategy subchapter 2.4 Table TARKI trades unions transition costs VMB funds voluntary World Bank Zukowski