Notional Defined Contribution Accounts. Neoliberal Ideology and the Political Economy of Pension Reform

2005 ◽  
Vol 64 (2) ◽  
pp. 485-506 ◽  
Author(s):  
John B. Williamson ◽  
Matthew Williams
Keyword(s):  
Political Economy ◽  
Pension Reform ◽  
The Political ◽  
Defined Contribution ◽  
Neoliberal Ideology ◽  
Notional Defined Contribution

Paying for Our Futures: The Political Economy of Pension Reform in the UK

2006 ◽  
Author(s):  
Paul Johnson
Keyword(s):  
Political Economy ◽  
Pension System ◽  
Pension Reform ◽  
Radical Change ◽  
The Political ◽  
Economic Knowledge ◽  
Current State ◽  
The Uk ◽  
State Pension ◽  
The Cost

The development of pension provision in Britain since January 1909, when the first public old-age pension was paid, should be celebrated as one of the greatest achievements of collective action in the twentieth century. This chapter examines what has and has not changed in terms of demographic and economic knowledge of pension systems. It then considers the causes and consequences of this delusional consensus and offers some suggestions about how a more responsible set of political and popular attitudes to pensions might be created, beginning with a fundamental reform to the state pension system. The rationale advanced by the Pensions Commission for maintaining much of the complexity of the current state system is the cost and disruption that would be entailed by radical change. This chapter discusses the political economy of pension reform in Britain, focusing on the link between demography and pensions as well as between pensions and economics.

The political economy of pension reform in Russia: Why partial privatization?

2006 ◽  
Vol 20 (2) ◽  
pp. 165-175 ◽  
Author(s):  
John B. Williamson ◽  
Stephanie A. Howling ◽  
Michelle L. Maroto
Keyword(s):  
Political Economy ◽  
Pension Reform ◽  
The Political ◽  
Partial Privatization
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