Shift to private pension system: The case of Poland and Israel

IF 1.2 Q3 ECONOMICS Economics and Business Review Pub Date : 2020-03-01 DOI:10.18559/ebr.2020.1.4
Moshe Manor, Joanna Ratajczak
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引用次数: 2

Abstract

Abstract Following Chilean experiences as well as the World Bank suggestions post-communist Poland and post-collectivist Israel—underwent deep reforms which led to the privatization of old age security. The aim of the article is to compare the Polish and Israeli paths of pension privatization in the last thirty years. The main conclusions are: (1) the economic, demographic and political environments at the moment of the design and implementation of the pension reform were quite similar in both countries; however (2) the scope and scale of the privatization was different: in Poland there was only partial shift towards private pension system while in Israel full privatization of the system was implemented; (3) the decisive factors were: the inertia of the already existing pension systems and the power of foreign influencers; (4) the retreat from privatization in Poland and the increase in Israel took place due to the different mix of disadvantages of the new pension arrangements, short-term political aims and international pressure.
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向私人养老金制度的转变:波兰和以色列的案例
继智利的经验以及世界银行的建议之后,后共产主义的波兰和后集体主义的以色列进行了深刻的改革,导致了老年保障的私有化。本文的目的是比较波兰和以色列在过去三十年的养老金私有化道路。主要结论有:(1)两国在设计和实施养老金改革时的经济、人口和政治环境非常相似;然而(2)私有化的范围和规模是不同的:在波兰,只有部分转向私人养恤金制度,而在以色列,该制度完全私有化;(3)决定性因素是:现有养老金制度的惯性和外国影响者的力量;(4)波兰私有化的退却和以色列私有化的增加是由于新的养老金安排的不利因素、短期政治目标和国际压力的不同组合造成的。
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CiteScore
1.40
自引率
28.60%
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0
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