The Impact of Privatisation of Pension System on National Saving: The Case of Australia and Iceland

• Main Authors: Mariangela Bonasia, Oreste Napolitano
• Format: Report
• Language: unknown
• Subjects: Pillar; Iceland
• Online Access: http://economia.uniparthenope.it/ise/sito/DP/DP_3_2006.pdf

Across industrialised and developing countries public pension systems have been heavily reformed during the last two decades. The major concern relates the sustainability of pay-as-you-go (PAYG) pension schemes. To solve public pension system crisis many proposals were issued to privatize social sec...