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"Is the Turkish Social Security System in Need of Reform?"

Author

Listed:
  • Topal, N.

Abstract

This paper examines whether the Turkish pay-as-you-go Social Security System is in need of reform. In an attempt to shed a light on the future sustainability of the pay-as-you-go social security system in Turkey, the paper examines the demographic and financial pressures on social security and especially pensions. The brief description of the social security schemes in Turkey shows that, theoretically it's design is intended to provide a "sustainable" social security system. However, this theoretical intention has not been met. Various reasons can be accounted for this failure. This paper attempts to highlight those reasons.

Suggested Citation

  • Topal, N., 1999. ""Is the Turkish Social Security System in Need of Reform?"," Papers 1999:1, University of Hertfordshire - Business Schoool.
    • Handle: RePEc:fth:hertbu:1999:1
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    Cited by:

    1. Kenc, Turalay & Sayan, Serdar, 2001. "Demographic shock transmission from large to small countries: An overlapping generations CGE analysis," Journal of Policy Modeling, Elsevier, vol. 23(6), pages 677-702, August.
    2. Sayan, Serdar & Kiraci, Arzdar, 2001. "Parametric pension reform with higher retirement ages: A computational investigation of alternatives for a pay-as-you-go-based pension system," Journal of Economic Dynamics and Control, Elsevier, vol. 25(6-7), pages 951-966, June.

    More about this item

    Keywords

    SOCIAL SECURITY ; TURKEY ; PENSION FUNDS;
    All these keywords.

    JEL classification:

    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • J10 - Labor and Demographic Economics - - Demographic Economics - - - General
    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination

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