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Books > Business & Economics > Finance & accounting > Finance > Pensions
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Social Security Programs and Retirement around the World - Fiscal Implications of Reform (Hardcover)
Loot Price: R2,739
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Social Security Programs and Retirement around the World - Fiscal Implications of Reform (Hardcover)
Series: (NBER) National Bureau of Economic Research Conference Reports
Expected to ship within 9 - 17 working days
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The future of retirement programs is troubled, both in the United
States and in most other developed countries with aging
populations. As improvements in health care and changes in
lifestyles enable retirees to live longer than ever before, the
stress on national budgets will increase substantially. In "Social
Security Programs and Retirement" around the World, Jonathan
Gruber, David A. Wise, and experts in many countries examine the
consequences of reforming retirement benefits in a dozen nations.
Drawing on the work of an international group of noted economists,
the editors argue that social security programs provide strong
incentives for workers to leave the labor force by retiring and
taking the benefits to which they are entitled. By penalizing work,
social security systems magnify the increased financial burden
caused by aging populations, thus contributing to the insolvency of
the system. This book is a model of comparative analysis that
evaluates the effects of illustrative policies for countries facing
the impending rapid growth of social security benefits. Its
insights will help inform this most pressing debate.
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