ABSTRACT:
Since the late 1970s and early 1980s, when first in the Pacific rim countries a new phase of world-wide capitalism began to take shape, and spread globally, and throughout the world neo-liberalism substituted Keynesianism as the main economic paradigm, moves to radically change the hitherto existing public pension models, that were based on contributions paid in a particular year by current workers (Pay-As-You-Go, PAYGO financing), gathered speed. The demographic changes that are ahead of us additionally increase the importance of regulations concerning the incomes and the economic fortunes of the elderly. Thus we are confronted with a deep and thorough re-writing of the social contract that evolved in the late 19th Century and guaranteed the welfare of the elderly in a great number of countries.
Table of Contents
Contributors xi
Foreword xiii
Introduction: Social Policy and Social Security in an Age of Globalization 1 (66)
Arno Tausch
Part I Social Protection in an Era of the Waning Welfare State
67 (58)
Social Security Development and Reform around the World
69 (16)
John Turner
A Provocative Note on Coverage in Public Pension Schemes
85 (16)
Robert Holzmann
The Changing Public Sector in Europe: Social Structure, Income and Social Security
101 (10)
Franz Rothenbacher
The Consequences of the Crisis of the 1990s to the Nordic Welfare State: Finland and Sweden
111 (14)
Jeja Pekka Roos
Part II Three Pillar Pension Systems
125 (134)
Social Security Privatization - A Bad Idea
127 (6)
Walter M. Cadette
Pension Reform in Sweden: Lessons for American Policymakers
133 (16)
Goran Normann
Daniel Mitchell
Public-Private Interactions: Mandatory Pensions in Australia, the Netherlands and Switzerland
149 (38)
Martin Rein
John Turner
The Viability of the Spanish Social Security System: A Generational Accounting Perspective
187 (14)
Gemma Abio
Joan Gil
Concepcio Patxot
Pension Reform in Austria
201 (22)
Gerhard Buczolich
Bernard Felderer
Reinhard Koman
Andreas Ulrich Schuh
Pension Reform Why? How? What for?
223 (12)
Eva Belabed
Testimony before the House Committee on Ways and Means Hearing on Social Security Reform Lessons Learned in Other Countries
235 (8)
Stephen J. Kay
Tax Competition, Globalization and Declining Social Protection
243 (16)
S Mansoob Murshed
Part III: Globalization and Welfare Society
259 (66)
Transnational Corporations, Social Capital Funds and Location Commitment
261 (22)
Gordon Laxer
Globalisation: Driving Forces and Political Responses. What Role for Pension Funds?
283 (12)
Frank Stilwell
Developments in the Global Economy and their Effects on Australia
295 (10)
Ted Wheelwright
Globalization and Financial Markets
305 (20)
Kunibert Raffer
Part IV - Empirical Analyses About the Relationship Between Pension Reform And Economic Growth
325 (90)
World Bank Pension Reforms and Global Capitalism. Macro-Quantitative Analyses of their Effects on Social Welfare
327 (88)
Arno Tausch
Part V - The Need for Global Welfare
415 (18)
Globalization, Conflict, Vulnerability and the Need for Social Protection in the New Millennium
417 (14)
S Mansoob Murshed
Final Declaration Twelve Theses of New Delhi
431 (2)
Part VI: Interdisciplinary Bibliography: Globalization and Social Policy
433 (54)
Arno Tausch