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The Gains from Pension Reform
Assar Lindbeck; Mats Persson
Journal of Economic Literature, Vol. 41, No. 1. (Mar., 2003), pp. 74-112.
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Wed Mar 28 10:07:52 2007
Jounlal of Econonzic Literature
1'01. XLZ (,March 2003) pp. 74-1 12
The Gains from Pension Reform
ASSARLINDBECaKnd MATSPERSSON]
1. Introduction balance the system in 2050, again with un-
THE CONTEMPORARYdiscussion of pension changed rules."
reform has been initiated mainly by con- Needless to say, predictions like these
cern for the long-term financial viability of have spurred a host of proposals for pension
existing government-operated pension sys- reform, some of which have already been
tems. In some countries, particularly in implemented. M7hy, then, is there so much
Latin America and Eastern Europe, such disagreement on this issue, even among
systems have more or...