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Pension Reform Paths in Comparison: the Case of Central-Eastern Europe
[journal article]
Abstract Pension reform seems inevitable in postcommunist Central-Eastern Europe, because the process of economic transformation is greatly straining existing security systems. The different pension reform experiences of Poland, Hungary, & the Czech Republic are comparatively analyzed, focusing on the relati... view more
Pension reform seems inevitable in postcommunist Central-Eastern Europe, because the process of economic transformation is greatly straining existing security systems. The different pension reform experiences of Poland, Hungary, & the Czech Republic are comparatively analyzed, focusing on the relationship between the relevant set of political actors, the respective structural settings, & the resulting institutional choice in old-age security, shedding light on the political economy of pension reform in the region. It is revealed that neither the sole reform of public pay-as-you-go schemes nor their replacement by mandatory private fully funded systems has proved to be a suitable reform option in itself. Rather, hybrid schemes that combine elements of both systems represent the most viable alternative both politically & economically.... view less
Classification
Social Security
Free Keywords
Welfare Reform; Welfare State; Poland; Hungary; Czech Republic; Policy Reform; Pensions; Eastern Europe; Social Security
Document language
English
Publication Year
1999
Page/Pages
p. 51-66
Journal
Sociologický časopis / Czech Sociological Review, 7 (1999) 1
Status
Published Version; reviewed
Licence
Deposit Licence - No Redistribution, No Modifications