By Giuliano Bonoli
Ecu pension platforms are more and more stressed. during this ebook Giuliano Bonoli examines policymakers' efforts to manage, stuck among public aid for present pension schemes and the predicted lack of ability to maintain present preparations within the context of an getting older inhabitants. This publication compares and assesses the method of pension policy-making within the united kingdom, France and Switzerland, studying the criteria that impact pension reform. The e-book seems to be at new pension laws, demographic swap, and pension financing, and should be of curiosity to policymakers in addition to scholars of the welfare nation.
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Additional info for The Politics of Pension Reform: Institutions and Policy Change in Western Europe
Second, in order to produce expenditure projections one needs to make additional assumptions on variables which are extremely diﬃcult to predict in the long term, such as labour force participation rates (LFPRs), increases in productivity and the extent to which such increases will be reﬂected in pension scheme outlays. 3 are based on the assumption that LFPRs will remain constant after the year 2000. This might turn out to be too pessimistic, as recent developments in labour force participation suggest that we might see an expansion of LFPRs over the next few decades.
Theory, thus, must be amended in order to take these facts into account. In Pierson’s view, the diﬀerences between expansion and retrenchment in social policy are substantive. The implication is that the two trends require distinctive conceptual frameworks: Retrenchment is not simply the mirror image of welfare state expansion. Why should we assume that theories designed to explain outcomes in a particular context and involving the pursuit of particular goals will still apply once the political environment and the goals of key actors have undergone radical change?
Moreover, social programmes have created their own constituencies, which include substantial sections of the electorate (pensioners, families, middle classes, social workers and so forth). These groups will tend to oppose and mobilise against cutbacks which are likely to worsen their economic condition. Diﬀerent levels of public support for expansion and retrenchment are likely to generate diﬀerent politics and patterns of coalition formation. Theory, thus, must be amended in order to take these facts into account.
The Politics of Pension Reform: Institutions and Policy Change in Western Europe by Giuliano Bonoli