Written by 1998 IDRF
Fellow Sarah Brooks, this book provides a theoretical and empirical account of when and to what degree governments privatize national old-age pension systems. Quantitative cross-national analysis simulates the degree of pension privatization around the world and tests competing hypotheses to explain reform outcomes. In addition, comparative analysis of pension reforms in Argentina, Brazil, Mexico and Uruguay evaluate a causal theory of institutional change. The central argument is that pension privatization emerges from political conflict, rather than from exogenous pressures. The argument is developed around three dimensions: the double bind of globalization, contingent path-dependent processes, and the legislative politics of loss imposition. Buy from Amazon
Published: Cambridge University Press, 2009
Citation: Brooks, Sarah, Social Protection and the Market in Latin America: The Transformation of Social Security Institutions
(New York: Cambridge University Press, 2009).