By Katharina Müller, Andreas Ryll, Hans-Jürgen Wagener
ISBN-10: 3642586546
ISBN-13: 9783642586545
ISBN-10: 3790812102
ISBN-13: 9783790812107
This number of papers makes a speciality of the hot pension reform studies in Central-Eastern Europe, whereas ranging from a broader theoretical and empirical context. It presents proof for the political feasibility of radical pension reform, thought of not likely within the West. The method is either multi-disciplinary and cross-regional: The publication includes papers by way of economists, political scientists and sociologists. The authors come from Germany, Poland, Hungary, the Czech Republic, and the U.S.. the quantity includes 4 components: First, common questions of transformation and social safety in post-1989 valuable jap Europe are addressed, through an creation into matters and position versions within the overseas pension reform debate. Then, 3 valuable ecu nation instances are awarded, analysing institutional legacies, fresh reform measures and appropriate political actors. A comparative part on Central-Eastern eu pension reforms concludes this ebook.
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Extra info for Transformation of Social Security: Pensions in Central-Eastern Europe
Example text
In the latter case the reform government has a credibility problem. Radical liberal first phase reformers may be unable to commit themselves credibly, and we see what often has been called - in some cases erroneously - a back-lash, the political victory of post-communist parties. What made them win was credibility of their redistribution promises within the retarded continuation of reform. We do not want to analyse here whether they have lived up to the median voter's expectations. Suffice it to conclude that social policy may become a second phase transformation strategy in order to secure the political sustainability of reform at some yet unspecified cost in terms of efficiency and growth.
The problem, clearly, is the political sustainability of the reform which either can be assumed as direct government objective (Graham 1994) or which can be linked to the government objective of survival in power, since the public identifies the incumbent government with reform. 4 It is well known that Keynesians underline the demand stimulating effects of welfare payments in a slump. 26 Hans-Jiirgen Wagener Big bang transformation strategy implies a major step in the direction of the new system, taking account of more or less all system elements right at the beginning of transition, including the social security system.
In other FSU countries - Belarus, Moldova, Russia and Ukraine - output was still contracting during 1995-1996, and growth prospects are moderate. These differences reflect numerous factors affecting the respective economies, including differences in past economic capacities and structures as well as economic policies. Among the factors which have played an important role was the degree to which the various economies have opened themselves to trade with world markets and the degree to which local economic structures were linked with those of the Soviet Union and the Council for Mutual Economic Assistance (CMEA).