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A. Barrientos (1993)
Pension Reform and Economic Development in ChileDevelopment Policy Review, 11
M. Tanner (1996)
It’s Time to Privatize Social SecurityChallenge, 39
W. Baumol (1993)
On the perils of privatizationEastern Economic Journal, 19
M. Mercado (1991)
El sistema de pensiones en Bolivia
N. Kaldor, A. Ottaway (1944)
The cost of social security
Z. Bodie, J. Shoven, D. Wise (1987)
Issues in Pension EconomicsIndustrial and Labor Relations Review, 42
C. Mesa-Lago (1989)
Ascent to Bankruptcy: Financing Social Security in Latin America
This paper surveys the social security system in several Latin American countries. Specifically, the cases of Bolivia and Brazil are documented in order to determine if the Chilean model is a viable one in the Latin America and Caribbean region. An institutional approach suggests that while there has been a marked interest in tailoring pension funds a la Chile, policy makers of the region must be aware of the similarities and differences in the politicosocialeconomic environment. The macroeconomic transformation undertaken in Chile was a unique one obeying to specific conditions of time and process. It is indicated, however, that even in the case of developed nations, some features of the Chilean model may be very appealing as well.
Managerial Finance – Emerald Publishing
Published: Aug 1, 1997
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