Nova Publishers
My Account Nova Publishers Shopping Cart
HomeBooksSeriesJournalsReference CollectionseBooksInformationSalesImprintsFor Authors
  Top » Catalog » Books » Social Issues » My Account  |  Cart Contents  |  Checkout   
Quick Find
Use keywords to find the product you are looking for.
Advanced Search
What's New? more
Brain, Body, Cognition - A continuation of Functional Neurology, Rehabilitation and Ergonomics
Shopping Cart more
0 items
Shipping & Returns
Privacy Notice
Conditions of Use
Contact Us
01.Possible Selves: Theory, Research and Applications
02.Economic Freedom: Causes and Consequences
03.Handbook of Organizational Citizenship Behavior: A Review of ‘Good Solder’ Activity in Organizations
04.Biosocial Criminology: Challenging Environmentalism’s Supremacy
05.Personality Down Under: Perspectives from Australia
06.Engineering Perspectives of Human Society: Application of Control Theory, Game Theory, and Information Theory to Social Phenomena
07.Civic Engagement and Service Learning in a Metropolitan University: Multiple Approaches and Perspectives
08.The Phoenix of Natural Disasters: Community Resilience
09.Urban Sustainability and Governance: New Challenges in Nordic-Baltic Housing Policies
10.Social Work Education in Countries of the East: Issues and Challenges
Notifications more
NotificationsNotify me of updates to The Three Pillars of Wisdom? A Reader on Globalization,World Bank Pension Models and Welfare Society
Tell A Friend
Tell someone you know about this product.
The Three Pillars of Wisdom? A Reader on Globalization,World Bank Pension Models and Welfare Society
Retail Price: $89.00
10% Online Discount
You Pay:

Editors: Tausch, Arno (Innsbruck University)
Book Description:
In an age of uncertainty and change, it is the task of social science at least to present solid evidence that allows a beam of light into the darkness. One might be tempted, perhaps to state that in the morning of September 11th 2001 in Manhattan, globalization had reached its limits, and that from now on, like during the 1920s, the pendulum swings again against the principle of the market economy on a global scale. Since the late 1970s and early 1980s, when first in the Pacific rim countries a new phase of world-wide capitalism began to take shape, and spread globally, and throughout the world neo-liberalism substituted Keynesianism as the main economic paradigm, moves to radically change the hitherto existing public pension models, that were based on contributions paid in a particular year by current workers (Pay-As-You-Go, PAYGO financing), gathered speed. The demographic changes that are ahead of us additionally increase the importance of regulations concerning the incomes and the economic fortunes of the elderly.
Thus we are confronted with a deep and thorough re-writing of the social contract that evolved in the late 19th Century and guaranteed the welfare of the elderly in a great number of countries. Not only in Latin America, where Chile under the generals paved the way, but also in East Central Europe after the end of communism, and even in some former advanced welfare democracies like Australia, Denmark, the
Netherlands, Switzerland and the United Kingdom far-reaching measures to reform the PAYGO-pension systems were introduced. The list of countries with privatization or pre-funding of the pension system grows longer and longer, and even in Sweden, the classic example of a Keynesian social welfare state from the 1930s onwards, the pension system has been drastically reformed. There are 18 countries, according to the World Bank; that fully introduced a three pillar, funded model, and many of them in addition introduced notional pension accounts following the Swedish model.
Ever since the days of German Imperial Chancellor Otto von Bismarck (1815-1898), the idea of social security and the capitalist state are closely linked. Radical moves to change the balance, established by the public pension systems, require the closer attention not only of the international social policy debate, but also of the world systems research community. There is no doubt that in the United States under President Bush and in the remaining countries of the European Union, and in many other states around the globe, the conversion of still existing public PAYGO pension systems to (partially) funded pension systems, especially those based on a compulsory funding system, will further intensify and gather speed.
The present volume tries to close this gap. The reader thus is intended to bring together two discussion strings - the world systems debate and the pension reform debate that rarely met each other before. The basic message of the reader is that - however we evaluate the funded pension reform alternatives-, they will qualitatively and quantitatively become a major force in the capitalist world economy and that they will transform the nature of the capitalist system substantially over the coming years.
In itself, moves to radically alter existing pension systems would merit the attention of world systems research. For Volker Bornschier, the core countries-grouped around the triad formed by the United States, Japan, and the European Union - have experienced successive waves of change marked by phases of ascent, unfolding, and decay of societal models, of which social security along the lines of the PAYGO-model formed and integral part. What according to Bornschier seemed stable and predictable in past decades came close to collapse or broke down entirely. A new order, with a fresh, basic consensus around an overarching set of norms that allows problems to be solved efficiently, has not yet crystallized. The role of social security would play an integral part in such a consensus, and our volume is dedicated to this question.

   Binding: Hardcover
   Pub. Date: 2002
   ISBN: 1-59033-274-1
Special Focus Titles
01.Violent Communication and Bullying in Early Childhood Education
02.Cultural Considerations in Intervention with Women and Children Exposed to Intimate Partner Violence
03.Chronic Disease and Disability: The Pediatric Lung
04.Fruit and Vegetable Consumption and Health: New Research
05.Fire and the Sword: Understanding the Impact and Challenge of Organized Islamism. Volume 2

Nova Science Publishers
© Copyright 2004 - 2021

The Three Pillars of Wisdom? A Reader on Globalization,World Bank Pension Models and Welfare Society