By Maria Amparo Cruz-Saco, Carmelo Mesa-Lago
This well timed quantity brings jointly experts at the reform of social defense structures to research the similarities and alterations of these well-being care and pension reforms that experience taken position because the early Nineteen Nineties and indicates attainable earnings via fresh or meditated revisions to these structures. members: Mariela Arenas; Alberto Arenas de Mesa; Julin Bertranou; Silvia Borzutzky; Miguel Eduardo Crdenas Rivera; Brian Cartin; Ricardo C-rdova Mac'as; Aldo Isuani; Cheikh Kanerical info, extensive ranging throughout huge and small Latin American international locations, and firmly fascinated about the reform of pension and healthiness care structures, this complete ebook is more likely to develop into the traditional reference paintings on its matters. To my wisdom, no different ebook accomplishes loads in those areas." - Jorge Dom'nguez, the heart for foreign Affairs, Harvard college "With a wealth of aspect on a dozen significant nations in Latin the United States, this edited quantity demonstrates that there's no unmarried route to reform of social safeguard. The editors' precis and suggestions remind these looking uncomplicated strategies that every nationwide event precludes employing one-size-fits-all formulae. Globalization may possibly push all governments towards slimmer defense nets, yet incumbent stakeholders will face up to, draw out, and attenuate strikes towards larger fairness and potency. Thisam McGreevey, Director, improvement Economics, The Futures workforce Int'l and crucial Economist, the realm financial institution "The sound and insightful research during this quantity asssesses quite a few social protection and overall healthiness care schemes in Latin the USA, the place coverage concerns havtilateral enterprises, together with the InterAmerican improvement financial institution, the area financial institution, and the Acuerdo de Cartagena, and respectable firms resembling the govt. of Paraguay and vp of improvement at the Corporac'on Financiera de Desarrollo in Peru.
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Additional info for Do Options Exist?: The Reform of Pension and Health Care Systems in Latin America (Pitt Latin Amercian Studies)
The third pillar should be voluntary, privately managed but regulated by the state, FFI (but without completely excluding other methods), with defined contributions paid by the insured or the employer or both and should supplement the other two pillars by providing nondefined supplementary pensions. An autonomous organization with tripartite representation (workers, employers, and government) should oversee, regulate, and in general coordinate the administration of the three pillars. In contrast to the WB view, the ILO stresses the principles of universality, solidarity, and equity.
The fundamental distinction, however, is in the definition of the second pillar. The Middle-Group View This view is represented by an important group of countries (half of those that have implemented structural reforms), which follow neither the WB nor the ILO paradigms in their pure forms. Examples are Argentina and Uruguay, which have mixed systems, and Colombia and Peru, which have parallel systems. The WB paradigm so far fits only Chile completely, and Bolivia, El Salvador, and Mexico partially (under the 1995-1996 laws).
Serves the purpose of illustrating that the simple dichotomy between private and public management of the second pillar is superficial, because FFI systems or programs are not exclusively managed by private corporations, but can be administered by public or mixed institutions such as in Argentina, Colombia, Mexico, and Uruguay. 3 (below) presents the typology that is based on the recent history of pension (and health care) reform in Latin America in 1979/80-1997. Based on the type of management (private or public) and considering the pension pillar arrangements, these reforms can be classified as follows: ·Nonstructural reforms change the single public pillar and may include the creation of a third voluntary or mandatory supplementary pillar publicly or privately administered.
Do Options Exist?: The Reform of Pension and Health Care Systems in Latin America (Pitt Latin Amercian Studies) by Maria Amparo Cruz-Saco, Carmelo Mesa-Lago