Pension Fund Capitalism: The Privatization of Pensions in Developed and Developing Countries

This book examines the origins and consequences of so-called pension fund capitalism, which has spread around the world since 1981, when the pension system was completely privatized in Chile. The author highlights the driving forces behind the privatization of pensions, its forms and tools used in practice, and the risks and costs related to private pensions.

The reader can also learn about the experiences of various developed countries (including the USA, Canada, Australia, and Germany), as...