Chapter

Twenty-first-century Pension (In)Security

Gordon L. Clark

in Pension Security in the 21st Century

Published in print November 2003 | ISBN: 9780199261765
Published online August 2004 | e-ISBN: 9780191601248 | DOI: http://dx.doi.org/10.1093/0199261768.003.0010
 Twenty-first-century Pension (In)Security

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This chapter explores the commonalities between pension systems from a global perspective. It is argued that the future of pensions in Western economies is bound up with finance regulation and the process of global financial integration. Fulfilling the promise of globalisation for the future incomes of retirees is essential to any comprehensive nation-state policy that seeks to provide pension security in the 21st century.

Keywords: pension systems; globalisation; global economy; pension security; income security; stock markets; employer-sponsored supplementary pensions

Chapter.  10478 words.  Illustrated.

Subjects: Financial Markets

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