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The Romanian Pension System Reforms: Evidences from Legislative Roll Call Analysis

100%
Barbu C.
Studia Universitatis Babes-Bolyai Sociologia
|
2016
|
vol. 61
|
issue 1
109-126
EN
There are important differences between all Eastern European countries regarding the implementation of pension system privatization. The differences regarding the political configuration between the countries from Eastern Europe might be a possible explanation for the amount of diversity in this area. The ideology of political parties that form or sustain the government that implements the reform can also be an explanation, but this influence must be studied beyond the cliché that stipulates that the right-wing parties will support the public pension system reform and the left-wing parties will oppose it. Armeanu (2010a) showed that there are countries where privatization was supported by the centre-left coalitions that needed to overpass a strong opposition made by the right-wing parties. Using the Ideal Point Estimation technique within the voting sessions related to pension reform during the last three Romanian legislatures, we will explain the formation of pro and against coalitions regarding the pension reform from Romania during the privatization process of public pension system. We also test the hypotheses of the model presented by Armeanu (2010a, 2010b), model that predicts the behaviour of political parties based on the position they have on a two-dimensional space related to the costs of pension reform.
2
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Shift to private pension system: The case of Poland and Israel

100%
Manor M., Ratajczak J.
Economics and Business Review
|
2020
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vol. 6(20)
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issue 1
EN
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.
3
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Leokadia Oręziak, OFE. Katastrofa prywatyzacji emerytur w Polsce

72%
Janek K.
Zabezpieczenie Społeczne. Teoria, Prawo, Praktyka
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2014
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vol. III
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issue 3
111-113
EN
Review presents the publication by Professor L. Oręziak concerning Open Pension Funds. The author provides criticisms directed at so-called pension privatization.
PL
Recenzja omawia publikację prof. L. Oręziak dotyczącą otwartych funduszy emerytalnych. Autorka prezentuje w niej krytyczne poglądy wobec tzw. prywatyzacji emerytur.
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