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Pension Security in the 21st Century
Redrawing the Public-Private Debate
Edited by Gordon L. Clark and Noel Whiteside
308 pages
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numerous tables, graphs and line drawings
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234x156mm
978-0-19-928557-0
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Paperback
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07 July 2005
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- Makes explicit the link between national pension policy and global financial markets
- Uses a common comparative framework to assess innovations in pensions policy in the advanced economies
- Provides up-to-date assessments of pension reforms across Europe, the UK, and the US
Future pension provision is highly controversial; it juxtaposes the challenges of old age security with the exigencies of global finance. Clearly, demography, finance and public accountability are crucial to current political debate. But there are other important issues. The problems of paying for the retirement of the baby boom generation has exposed profound differences in the advanced economies in terms of their financial institutions and infrastructure. Pension security has been re-conceptualised, in part, as an issue of global finance and international comparative advantage bringing with it a re-definition of risk
and pension security.
This book examines how major continental European and Anglo-American countries are dealing with these pressures, to what extent these responses are beginning to redraw the boundaries between public and private responsibility for pension security, and what the implications of public-private partnerships are for the financial organisation and infrastructure of European and global financial markets, and the nation-based welfare state.
The contributors, all involved in policy development in their respective countries, assess the comparative strengths and weaknesses of recent pension initiatives in the light of continuing fiscal constraints and current market instabilities. Using a tight comparative framework, the book
questions assumed divisions between states and markets, as new divisions between public and private spheres of pension responsibility require new regulatory machinery to guarantee future security.
This book provides a vital reference point in understanding pension security in the 21st century for academics and postgraduates in the social sciences, economics and finance, geography, politics and social policy, policy makers in OECD countries and industry professionals.Readership: Academics and postgraduate students in the social sciences, business studies, economics and finance, geography, politics and social policy, policy makers in OECD countries, and industry professionals, particularly in
pensions and finance
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Edited by Gordon L. Clark, Halford Mackinder Professor of Geography and Professorial Fellow of the Saïd Business School, University of Oxford, and Noel Whiteside, Professor of Comparative Public Policy and Senior Fellow at the Institute of Governance and Public Management at the University of Warwick Contributors: Gordon L. Clark, Saïd Business School, University of Oxford Noel Whiteside, Department of Sociology, University of Warwick Philippe Pochet, Observatoire Social Européen, Brussels Bart van Riel, Social-Economic Council, The Netherlands Anton Hemerijck, Department of Public
Administration, Leiden University Jelle Visser, Department of Sociology, University of Amsterdam Bruno Palier, Centre d'études de la vie Politique Française, Paris Winfried Schmähl, Centre for Social Policy Research, Bremen University Joachim Palme, Swedish Institute for Social Research, Stockholm University Carl Emmerson, Institute for Fiscal Studies, London Alicia H. Munnell, Carroll School of Management, Boston College
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Review(s) from previous edition
"Here is the best guide to the turmoil into which European pensions are being plunged. At last, a book that provocatively recasts the debate, written by first-class experts, who expose the complex political and financial dimensions of an issue that, in the long run, is central to all of us in later life. - Rt. Hon. Frank Field , Member of the UK Parliament, Chairman of the Pensions Reform Group
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Gordon L. Clark and Noel Whiteside: Introduction
1: Noel Whiteside: Historical Perspectives and the Politics of Pension Reform: Constructing the Public-Private Divide
2: Philippe Pochet: Pensions: The European Debate
3: Bart van Riel, Anton Hemerijck, and Jelle Visser: Is there a Dutch way to Pension Reform?
4: Bruno Palier: Facing the Pension Crisis in France
5: Winfried Schmähl: A Pension System in Transition: Private Pensions as Partial Substitute for Public Pensions in Germany
6: Joachim Palme: Pension Reform in Sweden and the Changing Boundaries Between Public and Private
7: Carl Emmerson: Pension Reform in the United Kingdom: Increasing the Role of Private Provision?
8: Alicia H. Munnell: Restructuring Pensions for the 21st Century: The United States' Social Security Debate
9: Gordon L. Clark: 21st Century Pension (In)Security
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The specification in this catalogue, including without limitation price, format, extent, number of illustrations, and month of publication, was as accurate as possible at the time the catalogue was compiled. Occasionally, due to the nature of some contractual restrictions, we are unable to ship a specific product to a particular territory. Jacket images are provisional and liable to change before publication.
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