Social security isues and elements of reform
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Date
1994-05
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Abstract
This paper documents the main problems many social security are currently facing, as well as various elements for their reform suggested in the literature.
The current problems are classified into inadequate and inequitable protection, economic and political environments, demographic patterns, labor patterns, administration, other inefficiencies, financial management, and benefits inflation.
The paper suggest various constraints and general principles of reform; and proposes a menu of elements of reform that includes fostering private sector and non-government organizations; reducing health care costs, administrative costs, benefit costs; enhancing coverage and financing (Financing short-term and long-term benefits); and improving portfolio managemment
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Inflation, Economic and political environment, labor patterns