Description
Book SynopsisWhy do governments backtrack on major policy reforms? Reversals of pension privatization provide insight into why governments abandon potentially path-departing policy changes. Academics and policymakers alike will find this work relevant in understanding market-oriented reform, authoritarian and post-communist politics, social security, and the politics of aging populations around the world.
Trade Review'… the book makes an important contribution both to pension policy and to market-oriented reform studies and will be appreciated by a wide audience of scholars and policymakers.' Daria Prisiazhniuk, Europe-Asia Studies
Table of ContentsFigures and tables; Pension terminology; Preface; Part I. Introduction and Theory: 1: Introduction: explaining the puzzling reversal of pension privatization; 2. Backtracking on pension privatization around the world; 3. A theory of policy reversal; Part II. Global Trends in Pension Privatization Reversal: 4. Evidence on pension policy reversals from around the world; Part III. Pension Privatization Reversal under Moderate Reform; Overview of Case Studies: 5. Russia's staggered reversal of reform; 6. Russia's domestic stakeholders and backtracking on reform; 7. Variation in pension policy reversals: Hungary and Poland; Summary of case findings; Part IV. Conclusion: 8. The importance of understanding policy reversal; Appendix of interviews conducted by author; References; Index.
