Beyond Contributory Pensions: Fourteen Experiences with by Rafael Rofman,Ignacio Apella,Evelyn Vezza

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By Rafael Rofman,Ignacio Apella,Evelyn Vezza

Latin America's inhabitants is getting older, and plenty of one of the growing to be aged inhabitants will not be safe by means of conventional pension schemes. In reaction, coverage makers were reevaluating their source of revenue safety structures in order that among 2000 and 2013, the vast majority of Latin American nations reformed their social pension schemes to supply near-universal insurance for the elderly.

Before this unparalleled wave of reform, so much source of revenue security in Latin the US used to be supplied via contributory pensions to be had purely to formal zone staff. seeing that casual and unpaid employment represent hard work strength participation through the zone, many old have been left liable to poverty. the recent noncontributory pension courses have alleviated this threat. yet nations are nonetheless comparing find out how to most sensible stability the necessity for inclusivity with the necessity for monetary sustainability.

'Beyond Contributory Pensions: Fourteen studies with insurance enlargement in Latin the US' examines contemporary reforms in Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Mexico, Panama, Paraguay, Peru, Trinidad and Tobago, and Uruguay. All nations percentage the objective of finished pension insurance, yet each one has exact political environments, social stipulations, and monetary capacities. layout and implementation of insurance enlargement, as a result, has diverged. evaluating effects around the sector finds which guidelines have yielded the main equitable and sustainable outcomes.

Each bankruptcy incorporates a entire research of a country's reform adventure: an outline of important political and monetary advancements, the demanding situations of enforcing source of revenue safety rules, and clients for the reforms' sturdiness over the years. 'Beyond Contributory Pensions' represents an important addition to the literature on source of revenue defense for the elderly.

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