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Economics/Finances Martin Feldstein - Privatizing Social Security

Posted on 2010-08-10




Name:Economics/Finances Martin Feldstein - Privatizing Social Security
ASIN/ISBN:0226241017
File size:24.02 Mb
Publisher: University Of Chicago Press
Publish Date: 1998-09-01
ISBN: 0226241017
File Type: PDF
Pages: 488 pages
File Size: 24.02 MB
   Economics/Finances Martin Feldstein - Privatizing Social Security

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Martin Feldstein - Privatizing Social Security

This volume represents the most important work to date on one of the pressing policy issues of the moment: the privatization of social security. While social security encounters enormous fiscal pressure in the face of an aging population, there has been relatively little published on the fundamentals of essential reform through privatization. Privatizing Social Security fills this void by studying retirement benefits in systems based on individual saving in funded accounts.

The book begins with an introductory paper by Martin Feldstein that provides a powerful argument for reform by overviewing the economic effects of social security and the system's current dire situation. The next chapters investigate how five different countries-Argentina, Australia, Chile, Great Britain, and Mexico-have experienced privatization of their social security systems. The final five papers consider the economics of a privatized social security system in the United States.

This book will be of interest to government policy makers and private pension experts, in addition to economists.

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