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Pension Reforms In Central And Eastern European Countries And Their Outcomes

Author

Listed:
  • MLADEN, Luise

    (Spiru Haret University)

Abstract

All Central and Eastern European countries have achieved reforms of their pension systems varying in orientation and depth. We have presented the most important moments in the history of reforms of six countries (Romania, Hungary, Poland, Czech Republic, Slovakia and Bulgaria) and we have tried to explain the reforms’ motivation. The paper reviews the performance of the pension systems in the selected countries regarding the issues of pension adequacy and financial sustainability.

Suggested Citation

  • MLADEN, Luise, 2012. "Pension Reforms In Central And Eastern European Countries And Their Outcomes," Annals of Spiru Haret University, Economic Series, Universitatea Spiru Haret, vol. 3(1), pages 59-68.
    • Handle: RePEc:ris:sphecs:0164
    as

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    File URL: http://anale-economie.spiruharet.ro/files/articole%20pdf_issue%201%20pe%202012/5_Luise_Mladen.pdf
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    References listed on IDEAS

    as
    1. Robert Holzmann & Ufuk Guven, 2009. "Adequacy of Retirement Income after Pension Reforms in Central, Eastern, and Southern Europe : Eight Country Studies," World Bank Publications - Books, The World Bank Group, number 2610.
    2. Ray Barrell & Dr Ian Hurst & Simon Kirby, 2009. "How to Pay for the Crisis or Macroeconomic implications of pension reform," National Institute of Economic and Social Research (NIESR) Discussion Papers 333, National Institute of Economic and Social Research.
    3. Ray Barrell & Dr Ian Hurst & Simon Kirby, 2009. "How to Pay for the Crisis or Macroeconomic implications of pension reform," National Institute of Economic and Social Research (NIESR) Discussion Papers 333, National Institute of Economic and Social Research.
    4. Andras Simonovits, 2009. "Hungarian Pension System and its Reform," CERS-IE WORKING PAPERS 0908, Institute of Economics, Centre for Economic and Regional Studies.
    5. Barr, Nicholas & Diamond, Peter, 2008. "Reforming Pensions: Principles and Policy Choices," OUP Catalogue, Oxford University Press, number 9780195311303.
    6. Andras Simonovits, 2011. "The Mandatory Private Pension Pillar in Hungary: An Obituary," CERS-IE WORKING PAPERS 1112, Institute of Economics, Centre for Economic and Regional Studies.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    pension system; financial sustainability; pension adequacy; pension reforms; public pensions; private pensions;
    All these keywords.

    JEL classification:

    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts

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