Abstract

http://ssrn.com/abstract=2033353
 


 



Averting the Funding-Gap Crisis: East European Pension Reforms since 2008


Jan Drahokoupil


University of Mannheim - Mannheim Centre for European Social Research (MZES); European Trade Union Institute (ETUI)

Stefan Domonkos


MZES

June 13, 2012

Global Social Policy, 12 (3), Forthcoming

Abstract:     
This paper analyses the post-2008 pension reforms in Central and East European Countries. The economic crisis revealed the unresolved problems in the implementation of previous reforms: the financing of the transformation costs. The reforms thus reacted to the legacies of past choices as well as to the exceptional circumstances of the crisis in their attempts to solve the funding-gap issue. An interplay of fiscal constraints and political conditions shaped the variety of reform outcomes.

Number of Pages in PDF File: 28

Keywords: pensions, pension privatization, funding gap, transition costs, Central and Eastern Europe

JEL Classification: H55

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Date posted: April 3, 2012 ; Last revised: July 26, 2012

Suggested Citation

Drahokoupil, Jan and Domonkos, Stefan, Averting the Funding-Gap Crisis: East European Pension Reforms since 2008 (June 13, 2012). Global Social Policy, 12 (3), Forthcoming. Available at SSRN: http://ssrn.com/abstract=2033353

Contact Information

Jan Drahokoupil (Contact Author)
University of Mannheim - Mannheim Centre for European Social Research (MZES) ( email )
D-68131 Mannheim
Germany
HOME PAGE: http://drahokoupil.blogspot.com
European Trade Union Institute (ETUI) ( email )
B-1210 Brussels
Belgium

Stefan Domonkos
MZES ( email )
D-68131 Mannheim
Germany
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