Reforming Pensions in Developing and Transition Countries

Reforming Pensions in Developing and Transition Countries moves beyond technical studies of pension systems to firmly ground the analysis of recent pension reforms in developing and transition countries in the socioeconomic and political contexts of these countries. It addresses the political economy of pension reform, the relative benefits in terms of social and economic development of various pension models (for example, pay-as-you-go versus funded schemes; contributory versus non-contributory programmes) as well as challenges to managing and reforming pension systems in development and transition contexts. The chapters provide in-depth knowledge on the reform strategies and outstanding challenges of the most powerful emerging markets, as well as selected countries in Africa, Asia, Eastern Europe, the Middle East and Latin America. They provide the reader with recent evidence and insights on key issues related to pension policy and its developmental implications, drawing from the experiences of various country studies.