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Social Protection and the Market in Latin America The Transformation of Social Security Institutions

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ISBN-10: 0521877679

ISBN-13: 9780521877671

Edition: 2008

Authors: Sarah M. Brooks

List price: $114.99
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Description:

Social security institutions have been among the most stable post-war social programs around the world. Increasingly, however, these institutions have undergone profound transformation from public risk-pooling systems to individual market-based designs. Why has this 'privatization' occurred? Why, moreover, do some governments enact more radical pension privatizations than others? This book provides a theoretical and empirical account of when and to what degree governments privatize national old-age pension systems. Quantitative cross-national analysis simulates the degree of pension privatization around the world and tests competing hypotheses to explain reform outcomes. In addition, comparative analysis of pension reforms in Argentina, Brazil, Mexico and Uruguay evaluate a causal theory of institutional change. The central argument is that pension privatization emerges from political conflict, rather than from exogenous pressures. The argument is developed around three dimensions: the double bind of globalization, contingent path-dependent processes, and the legislative politics of loss imposition.
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Book details

List price: $114.99
Copyright year: 2008
Publisher: Cambridge University Press
Publication date: 11/10/2008
Binding: Hardcover
Pages: 388
Size: 6.00" wide x 9.00" long x 1.00" tall
Weight: 1.386
Language: English

Introduction
transforming the welfare state
from social protection to the market
Explaining structural pension reform
theoretical debate and empirical evidence
Explaining the institutional transformation of social security
Pension reform in Latin America
overview and scope of institutional transformation
Pension reform in an open economy
negotiating globalization's double bind
Contesting institutional change in society
where political strategies meet institutional legacies
legislative conflict and institutional change
building majorities behind loss-imposing reform
Conclusions and implications
toward a new social contract?