A shift to libertarian paternalism in old‐age income security
Discourses on pension privatization reforms in Lithuania 2016–2018
Bibliographic Data
| ID | 9971672 |
|---|---|
| Authors | Arunas Juska (0000-0002-8828-4364, East Carolina University Greenville United States, corresponding author) |
| Year | 2021 |
| Volume | 74 |
| Issue | 2 |
| Pages | 3-27 |
| Publication date | 2021-04-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | International Social Security Review (JOURNAL) |
| Journal identifiers | ISSN: 0020-871X • E-ISSN: 1468-246X |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/issr.12263 |
| OpenAlex | W3169526942 |
| Language | EN |
| Citations received | 2 |
| References cited | 24 |
This study uses news media discourse analysis to investigate the highly contentious process of pension privatization retrenchment in Lithuania. In 2016, Lithuania began debating reforms on restructuring its poorly performing “second pillar” pension scheme – statutory funded individually defined contribution plans managed by the private sector. Pension reform is here conceptualized as a process of discursive contestation of the orthodox neoliberal consensus that prevailed in designing and introducing a private pension system in the early 2000s. By 2018, when a new Law on Pensions institutionalized a subsidized “nudge‐type” private retirement saving scheme, this process was legitimized by a newly prominent libertarian paternalistic ideology. Impacts of the discursive framing of pension reforms on their outcomes are discussed
Economics · Framing (construction · Paternalism · Pension · Political economy · Political science · Restructuring · Retrenchment · Statutory law · Employment and Welfare Studies · Housing, Finance, and Neoliberalism · Law · Public Administration · Social Policy and Reform Studies
From Triumph to Crisis
Values and Discourse in the Politics of Adjustment
The Political Economy of Pension Reform in Europe
Labour and Capital Under a Neoliberal Economic Model
Another look at causes and consequences of pension privatization reform reversals in Eastern Europe
Nudge
Pension reform, the stock market, capital formation and economic growth
The cost of becoming a neo-liberal welfare state
The welfare systems of the Baltic states following the recent financial crisis of 2008–2010
From Austerity to Austerity
The Return of Depression Economics and the Crisis of 2008
Second‐pillar pensions in Central and Eastern Europe
Reforming Pensions
The retrenchment of second‐tier pensions in Hungary and Poland
Neoliberalism, embedded neoliberalism and neocorporatism
Out-liberalizing the EU
The New Politics of the Welfare State
The politics of behaviour change
The Politics of Blame Avoidance
The politics of pension reform reversal
Discursive Institutionalism
| Unique citing works | 2 |
|---|---|
| Citations per year | 1 |
| Citation span | 2024 - 2024 (1) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 2 |