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Reforms and Challenges: The Turkish Pension Regime Revisited

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  • Mehmet Fatih Aysan

Abstract

The financial crisis of 2008 and the ongoing economic turmoil in Southern European countries pose significant challenges to many welfare regimes and their pension systems. This paper analyzes the Turkish pension system and pension reforms in relation to welfare regime discussions in the literature. Via the application of the hierarchical cluster analysis to the Organization for Economic Cooperation and Development data, this study shows that, supporting previous comparative studies, the Turkish pension regime can be characterized as a part of the Southern European welfare regime, and the 2006 pension reforms were implemented mainly to achieve a recalibration of the Turkish pension system. This paper asserts that although important improvements have been made toward achieving a sustainable and fair pension system, the Turkish pension system still has some structural problems with respect to intergenerational equity.

Suggested Citation

  • Mehmet Fatih Aysan, 2013. "Reforms and Challenges: The Turkish Pension Regime Revisited," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 49(S5), pages 148-162, November.
    • Handle: RePEc:mes:emfitr:v:49:y:2013:i:s5:p:148-162
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    Cited by:

    1. Şansel Özpinar & Sacit Hadi Akdede, 2022. "Determinants of the Attribution of Poverty in Turkey: An Empirical Analysis," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 164(2), pages 949-967, November.
    2. Nergis Dama, 2020. "Geçici Koruma Statüsündeki Suriyelilere Sunulan Refah Hizmetlerinin Türkiye’nin Refah Sistemindeki Dönüştürücü Perspektifi," Journal of Social Policy Conferences, Istanbul University, Faculty of Economics, vol. 0(79), pages 207-235, December.
    3. Mira Krpan & Ana Pavkovic & Berislav Zmuk, 2020. "Cluster analysis of new EU member states' pension systems," Interdisciplinary Description of Complex Systems - scientific journal, Croatian Interdisciplinary Society Provider Homepage: http://indecs.eu, vol. 18(2B), pages 208-222.

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