Reforming Pensions: Myths, Truths, and Policy Choices

By N. Barr. Social Science Research Network, 2000

358 citations recorded by the source corpus.

This paper discusses the strategic building blocks of pension reform. The early sections set out the simple economics of pensions and discuss a series of myths which have proved remarkably persistent. Subsequent sections draw together the conclusions for policy design from earlier theoretical discussion, set out the prerequisites which any pension reform must respect, and discuss the range of choices facing policymakers. The main conclusions are threefold: the key variable is effective government; from an economic perspective the difference between PAYG and funding is second order; and the range of potential choice over pension design is wide.

View Paper: https://www.semanticscholar.org/paper/d8e7bf141dfb9628e0b884ea196a87444b5b79d2

Citations in the corpus

• Pension privatization in crisis: Death or rebirth of a global policy trend? (2011, unknown): “While a wide range of external critics (Arza, 2008; Barr, 2002; Barr and Diamond, 2009, 2010; Blackburn, 1999; Fultz and Ruck, 2000; Minns, 2001) had always opposed pension privatization, criticism within the World Bank and other international financial institutions had been muted during the 1990s a”