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From the state to the market? Pension reform paths in Central-Eastern Europe and the Former Soviet Union

By: MULLER, Katharina.
Material type: materialTypeLabelArticlePublisher: 2002Subject(s): Reforma da Previdência | Central-Eastern Europe | Former Soviet UnionSocial Policy & Administration 36, 2, p. 1546-175Abstract: In Central-Eastern Europe and the Former Soviet Union, the process of economic transformation has put great strain on the existing retirement system. Interestinngly, the paradigm choices made in post-socialist pension reform reflect considerable diversity. Observable reform choices include parametric reforms of the existing public schemes, the introduction of national defined contribution schemes, and the establishment of fully funded schemes on a voluntary or mandatory basis. The number of transition countries that have introduced far-reaching systemic and parametric reforms is significant, when compared with the difficulties facing more modest pension reform attempts in Western industrialized countries. Yet some of the radical reforms recently enacted in post-socialist countries still suffer from significant implementation problems. More significantly, a closer look reveals that by embarking on radical reform, the transition countries did not necessarily tackle the most pressing issues facing their pre-reform pensions schemes
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Periódico Biblioteca Graciliano Ramos
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In Central-Eastern Europe and the Former Soviet Union, the process of economic transformation has put great strain on the existing retirement system. Interestinngly, the paradigm choices made in post-socialist pension reform reflect considerable diversity. Observable reform choices include parametric reforms of the existing public schemes, the introduction of national defined contribution schemes, and the establishment of fully funded schemes on a voluntary or mandatory basis. The number of transition countries that have introduced far-reaching systemic and parametric reforms is significant, when compared with the difficulties facing more modest pension reform attempts in Western industrialized countries. Yet some of the radical reforms recently enacted in post-socialist countries still suffer from significant implementation problems. More significantly, a closer look reveals that by embarking on radical reform, the transition countries did not necessarily tackle the most pressing issues facing their pre-reform pensions schemes

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