The ‘Modernization’ of Social Policy: a Critique of Pension Reforms

  • Jörg Huffschmid

Abstract

In this chapter the issue of the so-called ‘crises’ of the public pension systems is revised and assessed. The arguments in favour of the ‘modernization’ of the present public pension systems as well as those put forward enhancing the privatization of the pension systems are reviewed and evaluated. A number of counter-arguments are advanced, and an effort to disclose the true reasons for the reform is presented. The role of EU policy towards this issue is discussed. Conclusions are drawn about the fallacious nature of the arguments presented for the privatization of the pension systems.

Keywords

Europe Income Expense Defend OECD 

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Copyright information

© Palgrave Macmillan, a division of Macmillan Publishers Limited 2005

Authors and Affiliations

  • Jörg Huffschmid
    • 1
  1. 1.University of BremenGermany

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