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Author:Santamaria, M.
Title:Privatizing social security
Journal:Columbia Journal of World Business
1992 : SPRING, VOL. 27, p. 38-51
Index terms:PRIVATIZATION
SOCIAL SECURITY
CHILE
Language:eng
Abstract:The privatization of social security has become a topic of considerable interest among countries adopting broad economic restructuring programs. The Chilean program, which has existed in Chile since 1980 has seemingly lowered costs, increased national wages and savings, and aided the development of financial markets. The Chilean private pension system sets a valuable precedent for other countries considering the reform of their social security systems. A privatized social security such as this one could provide an answer to investment problems for both developing and developed nations.
SCIMA record nr: 107175
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