Library Header Image
LSE Research Online LSE Library Services

International trends in pension provision

Barr, Nicholas (2009) International trends in pension provision. Accounting and Business Research, 39 (3). pp. 211-225. ISSN 0001-4788

Full text not available from this repository.

Identification Number: 10.1080/00014788.2009.9663361


This paper considers international trends in pension arrangements, starting with lessons from economic theory. The analysis includes recent developments in the economics of information and behavioural economics, developments which call into question conventional arguments in favour of voluntarism and free competition. Section 3 of the paper considers why pension systems are developing the way they are - largely a response to a series of long-term trends. In light of the discussion in Sections 2 and 3, Section 4 of the paper describes pension systems in a range of countries, and illustrates the wide range of options available to a developed country. Section 5 reflects briefly on accounting standards. The paper offers a number of key messages. Pension systems have multiple objectives. Second, and, in part, a consequence, there is no single best pension system. Third, policy design is not enough - the design of pension systems must be compatible with a country's capacity to implement the design effectively.

Item Type: Article
Official URL:
Additional Information: © 2009 Routledge
Subjects: H Social Sciences > HG Finance
H Social Sciences > HJ Public Finance
Sets: Departments > Economics
Departments > European Institute
Date Deposited: 16 Dec 2010 11:42
Last Modified: 23 Mar 2012 11:08

Actions (login required)

View Item View Item