Notionally Defined Contributions or Private Accounts in Eastern Europe
A Reconsideration of a Consecrated Argument on Pension Reform
Bibliographic Data
| ID | 7728012 |
|---|---|
| Authors | Emanuel Emil Coman (University of North Carolina at Chapel Hill, Chapel Hill, NC, USA,), Emanuel Coman (0000-0001-5317-0714, University of North Carolina at Chapel Hill, corresponding author) |
| Year | 2011 |
| Volume | 44 |
| Issue | 7 |
| Pages | 884-909 |
| Publication date | 2011-07-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Comparative Political Studies (JOURNAL) |
| Journal identifiers | ISSN: 0010-4140 • E-ISSN: 1552-3829 |
| Publisher | SAGE Publications (PUBLISHER • US) |
| DOI | 10.1177/0010414011401238 |
| OpenAlex | W2111776368 |
| Language | EN |
| Citations received | 3 |
| References cited | 24 |
This article is concerned with what determines a government’s choice of pension reform. It starts from an argument by Myles and Pierson that claims that the newer pension systems are able to privatize whereas the older, matured systems faced with the double payment problem tend to adopt notional defined contributions (NDC) accounts. This argument is retested with in-depth qualitative analysis of the pension reforms in Latvia and Poland. The analysis brings three main contributions. First, it shows that within the matured camp the double payment problem is visible at different degrees. The systems with little visibility, although mature, can still privatize. Second, it shows that the NDC option is fit to deal with more urgent fiscal problems, whereas the privatization option is fit for long-term demographic problems. Third, the analysis finds that the two options in Myles and Pierson’s argument can be used by governments symbiotically
Argument (complex analysis · Economics · Geography · Government (linguistics · Law and economics · Notional amount · Payment · Pension · Political science · Public economics · Visibility · Finance · Financial Literacy, Pension, Retirement Analysis · Global Health Care Issues · Social Policy and Reform Studies
The Market Meets its Match
Privatizing Pensions
Averting the old age crisis
The Transformation of Social Security in Central and Eastern Europe
Post‐Industrial Pressures on the Mature Welfare States
Global Capital, Political Institutions, and Policy Change in Developed Welfare States
A New Social Contract for the Elderly?
Development and Crisis of the Welfare State
Pension reform in central and eastern Europe
The New Politics of the Welfare State
The Comparative Political Economy of Pension Reform
Welfare States in East Central Europe, 1919–2004
The Dynamics of Welfare State Expansion
The New Pension Reform as Global Policy
Poland
Poland What reform of the social insurance system
Out-liberalizing the EU
The politics of social policy reform in post-communist Poland
Geographic Diffusion and the Transformation of the Postcommunist World
The New Politics of the Welfare State
Policy Learning and Uncertainty
| Unique citing works | 3 |
|---|---|
| Citations per year | 0,3 |
| Citation span | 2016 - 2025 (10) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 3 |