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  1. 1 Kozgazdasagi Szemle (Economic Review)

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  1. 1 Augusztinovics M.

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  1. 1 2005

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Population, employment, pensions

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Augusztinovics M.
Kozgazdasagi Szemle (Economic Review)
|
2005
|
vol. 52
|
issue 5
429-447
EN
There seems to be a general anxiety concerning the future of pension systems, the benefits of future pensioners - sometimes even the concept of 'collapse' is invoked. Often the demographic 'time-bomb', the ageing of the population is cited as the cause and pension privatization as the unique solution. This paper argues that these are less important factors, while the real challenge is the low level of employment..
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