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Pension Fund Capitalism - The Privatization of Pensions in Developed and Developing Countries (Hardcover)
Loot Price: R3,971
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Pension Fund Capitalism - The Privatization of Pensions in Developed and Developing Countries (Hardcover)
Series: Routledge International Studies in Money and Banking
Expected to ship within 12 - 17 working days
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This book examines the origins and consequences of so-called
pension fund capitalism, which has spread around the world since
1981, when the pension system was completely privatized in Chile.
The author highlights the driving forces behind the privatization
of pensions, its forms and tools used in practice, and the risks
and costs related to private pensions. The reader can also learn
about the experiences of various developed countries (including the
USA, Canada, Australia, and Germany), as well as Latin American
(including Chile) and Eastern European countries, related to the
privatization of pensions. Particular attention is paid to Poland
as an example of a country where such privatization failed
completely. This book provides a source of serious reflection on
what this privatization has led to, what its real economic and
social consequences are and what the likelihood is of reversing it
and strengthening the public pension system. Academic researchers
and students of economics and finance, as well as social and
political sciences, will find the book invaluable in understanding
the problems arising from the privatization of pensions. It will
also be of interest to professionals: institutions that shape or
influence economic and social policy, including political parties,
trade unions, non-governmental organizations, the media, and
institutions operating on the financial market.
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