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Pension reforms since the financial crisis could have a serious impact on the future retirement incomes of young Europeans

Grech, Aaron G. (2015) Pension reforms since the financial crisis could have a serious impact on the future retirement incomes of young Europeans. LSE European Politics and Policy (EUROPP) Blog (11 Aug 2015). Blog Entry.

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Abstract

What effect has the financial crisis had on pension systems in EU countries? Aaron G. Grech notes that prior to the crisis there was a significant divergence in pensions across the EU, with some states having relatively generous systems in comparison to others. He writes that following the crisis, southern European states have had to substantially cut back on pensions, while other states in northern Europe have remained relatively unscathed. He argues that although it should still be possible for these systems to keep pensioners out of poverty, European policymakers will need to ensure a properly functioning labour market that provides opportunities for young Europeans.

Item Type: Online resource (Blog Entry)
Official URL: http://blogs.lse.ac.uk/europpblog/
Additional Information: © 2015 The Author(s); Online
Divisions: LSE
Subjects: H Social Sciences > HB Economic Theory
J Political Science > JC Political theory
J Political Science > JN Political institutions (Europe)
Date Deposited: 28 Mar 2017 09:29
Last Modified: 01 Apr 2019 23:21
URI: http://eprints.lse.ac.uk/id/eprint/71054

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