Pension Security in the 21st Century: Redrawing the Public-Private Debate by Gordon L. ClarkPension Security in the 21st Century: Redrawing the Public-Private Debate by Gordon L. Clark

Pension Security in the 21st Century: Redrawing the Public-Private Debate

EditorGordon L. Clark, Noel Whiteside

Hardcover | March 10, 2004

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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 financialinstitutions 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-privatepartnerships 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 questionsassumed 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.
Gordon L. Clark is the Halford Mackinder Professor of Geography, Professorial Fellow of the Said Business School, and Faculty Associate of the Institute of Ageing at the University of Oxford, and is a Fellow of St Peter's College, Oxford. He is a member of the Panel of Academic Experts of the UK National Association of Pension Funds a...
Title:Pension Security in the 21st Century: Redrawing the Public-Private DebateFormat:HardcoverDimensions:308 pages, 9.25 × 6.06 × 0.79 inPublished:March 10, 2004Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199261768

ISBN - 13:9780199261765


Table of Contents

Gordon L. Clark and Noel Whiteside: Introduction1. Noel Whiteside: Historical Perspectives and the Politics of Pension Reform: Constructing the Public-Private Divide2. Philippe Pochet: Pensions: The European Debate3. Bart van Riel, Anton Hemerijck, and Jelle Visser: Is there a Dutch way to Pension Reform?4. Bruno Palier: Facing the Pension Crisis in France5. Winfried Schmahl: A Pension System in Transition: Private Pensions as Partial Substitute for Public Pensions in Germany6. Joachim Palme: Pension Reform in Sweden and the Changing Boundaries Between Public and Private7. 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 Debate9. Gordon L. Clark: 21st Century Pension (In)Security

Editorial Reviews

`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 inlater life.'Rt. Hon. Frank Field , Member of the UK Parliament, Chairman of the Pensions Reform Group