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Public Pensions and Immigration - A Public Choice Approach (Hardcover)
Loot Price: R3,031
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Public Pensions and Immigration - A Public Choice Approach (Hardcover)
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The rapid ageing of societies in many industrialized countries
threatens the stability of unfunded public pension systems. An
immigration policy that accepts young workers would appear to be a
simple solution to the challenge, by increasing the number of
contributors to the pension system. Tim Krieger uses public choice
analysis to investigate whether a majority of voters would pursue
an active immigration policy in order to stabilize its unfunded
public pension system. Public Pensions and Immigration is a
thorough and rigorous treatment of pension policy and international
labor migration based on public choice theory, including an
extensive discussion of pension policy in Europe and the challenges
arising from increased labor mobility between EU member states. Tim
Krieger reveals that the voting outcome critically depends on such
parameters as the type of pension system, migrant qualifications
and the possibility of return migration. He argues that the EU
institutional framework, with respect to pension policy, cannot
prevent harmful migration between EU member countries which is, in
part, induced by differences in pension systems. This book will
appeal to researchers and scholars in the fields of economics,
public choice, political science, European integration and
migration. Policymakers involved in pension policy, immigration
policy and European integration policy will also find this an
illuminating book.
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