Tag: Latin America
The brief’s key findings are: Many Latin American countries adopted individual retirement accounts (IRAs) to supplement or replace traditional social security systems. Recently, a number of these countries have enacted reforms to better balance individual saving and social risks. The new reforms generally aim to improve – not abandon – IRAs and, at the sam…
Abstract The primary goal of this study is to cast light on what might happen were the United States to partially privatize its Social Security system. The analysis draws on evidence from four Latin American countries that have privatized their public pension schemes (Chile, Mexico, Bolivia, and El Salvador) and four that have partially privatized…
