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Learning from social security reforms : two different cases, Chile and Argentina

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<title>Learning from social security reforms</title>
<subTitle>: two different cases, Chile and Argentina</subTitle>
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<title>World development</title>
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<namePart>Arenas de Mesa, Alberto</namePart>
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<namePart>Bertranou, Fabio</namePart>
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<abstract displayLabel="Summary">This paper compares two of the most important reforms of social security in Latin America: the Chilean private fully funded system, and the prublic/private Argentinean "integrated" program. Chile was the first country in the world to completely privatize the old public pension system. This landmark reform has had a strong influence on other pension reforms, not only in Latin America but also in other developing and developed countries. The Argentian model has important differences in comparison with the Chilean model: more inter-and intragenerational solidarity; relatively lower transition costs to be covered by the state; higher coverage of self-employed workers; a more comprehensive regulatory framework; and less gender inequality. Given these elements, the Argentinian pension model offers new insights to countries currently reforming their pension systems. The paper concludes addressing important questions regarding the weaknesses of the new Argentinian model</abstract>
<note type="statement of responsibility">Alberto Arenas de Mesa and Fabio Bertranou</note>
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<topic>Seguridad Social</topic>
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<topic>Iberoamérica</topic>
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<topic>Argentina</topic>
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<topic>Chile</topic>
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<topic>Reforma de la Seguridad Social</topic>
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<topic>Pensiones</topic>
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<topic>Política social</topic>
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<title>World development</title>
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<publisher>[Oxford] : Elsevier Science</publisher>
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<text>Vol. 25, nº 3 1997 ; p. 329-348</text>
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