the political economy of pension reform in Russia

the political economy of pension reform in Russia

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时间:2019-07-10

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1、JournalofAgingStudies20(2006)165–175www.elsevier.com/locate/jagingThepoliticaleconomyofpensionreforminRussia:Whypartialprivatization?a,⁎bcJohnB.Williamson,StephanieA.Howling,MichelleL.MarotoaDepartmentofSociology,BostonCollege,ChestnutHill,MA02467,USAbDepartmentofSoc

2、iology,HarvardUniversity,Cambridge,MA02138,USAcDepartmentofSociology,UniversityofWashington,Seattle,WA98195,USAReceived18January2005;receivedinrevisedform11June2005;accepted6July2005AbstractWebeginwithabriefhistoryofsocialsecuritypolicyinRussiabothbeforeandaftertheco

3、llapseoftheSovietUnion.Wedescribethecurrentpensionschemeandpresentananalysisofthestrengthsandweaknessesofthemodel,withparticularattentiontothewayinwhichitmaydisadvantagewomenandlow-wageandinformalsectorworkers.ThereasonswhyRussiaisintheprocessofimplementingasocialsec

4、urityschemebasedlargelyonamodelproposedbytheWorldBankisalsoexplored.Wearguethatthedecisionreflectstheeffectsofbothinternalandexternaleconomicpressuresaswellasculturaldiffusionviathenetworkofneo-liberaleconomistsandpensionexpertsassociatedwithinternationalfinancialins

5、titutions,mostnotablytheWorldBank.WeconcludewithadiscussionofhowwewouldrestructuretheRussianschememakinggreateruseofthenotionaldefinedcontribution(NDC)model.©2005ElsevierInc.Allrightsreserved.Keywords:Russia;Privatization;Pensionreform;Socialsecurityreform;Individual

6、accounts1.IntroductionMostgovernmentsaroundtheworld,richandpoor,arecurrentlylookingatprojectionssuggestingthattheirsocialsecuritysystemswillbecomeverydifficulttofinanceinthedecadesahead.Someofthesecountriesarealreadyfacingseverefinancingproblems(Bongaarts,2004;WorldB

7、ank,1994).Inmanyplacestwoofthemostimportantsourcesoftheseproblemsarerecentdemographictrends(populationaging)andthematurationofexistingPAYGDBpublicpensionschemes.ForRussiaandotherformerSovietrepublics,therearetheaddedfiscalburdensassociatedwiththetransitionfromacomman

8、dtoamarketeconomy.DuringtheyearsjustpriortothecollapseoftheSovietUnionin1991,manyofthesecountrieshadgenerousandnearuniversal,althou

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