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Pension Privatization and Economic Development in Central Eastern European Pension Reform

In: Reforming Pensions in Developing and Transition Countries

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  • Katharina Müller

Abstract

A quarter century has passed since the start of economic, political and social transformation in Central Eastern Europe (CEE). Pension reform seemed inevitable, as the process of economic transformation strained the existing retirement systems. However, there was considerable disagreement on the paradigm to be followed. Was it sufficient to make parametric changes to the existing public pay-as-you-go (PAYG) systems, or were private, individually pre-funded (IPF) pension schemes a more appropriate solution?

Suggested Citation

  • Katharina Müller, 2014. "Pension Privatization and Economic Development in Central Eastern European Pension Reform," Social Policy in a Development Context, in: Katja Hujo (ed.), Reforming Pensions in Developing and Transition Countries, chapter 2, pages 41-68, Palgrave Macmillan.
    • Handle: RePEc:pal:sopchp:978-1-137-39611-2_2
    DOI: 10.1057/9781137396112_2
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