"A heavyweight analysis of the Latin American pension revolution,
which raises important questions about the optimal scale of
compulsory saving when redesigning pension systems."--Paul Wallace,
The Economist
"Although it maintains the fundamental principles of Averting the
Old Age Crisis, published by the World Bank in 1994, Keeping the
Promise takes a fresh look at the outcome of structural pension
reforms implemented in 12 Latin American countries during the
1990s, and proposes new, sometimes bold policies. This is an
important and controversial book that must be read by experts on
pensions, social security, and Latin America."--Carmelo Mesa-Lago,
Distinguished Professor Emeritus of Economics and Latin American
Studies, University of Pittsburgh
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