Economics and Business Review

ISSN 2392-1641
e-ISSN 2450-0097

Poznań University of Economics - Poland

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Volume 13 Number 3 pp. 5-22

Karl Hinrichs

University of Bremen, Germany

Sovereign debt crises and pension reforms in selected European countries

Abstract: The "Great Recession" and sovereign debt crises in several EU countries in the wake of the 2008 financial market crisis have triggered drastic reforms in old-age security systems. Almost exclusively, the reforms meant retrenchments with often severe and immediate consequences for the living conditions of present and future pensioners. This paper deals with the contents and circumstances facilitating or enforcing the reforms in nine EU countries: Greece, Hungary, Ireland, Italy, Latvia, Portugal, Romania, Spain, and the UK. Cross-national comparison reveals similarities and differences and also sheds light on the social consequences that are already visible today. (original abstract)
pub/2013_3_5.pdf Full text available in in Adobe Acrobat format:
http://www.ebr.edu.pl/volume13/issue3/2013_3_5.pdf
Keywords: Finance, Market, Financial crisis, Pension system reform, Finanse, Rynek, Kryzys finansowy, Reforma systemu emerytalnego

For citation:

MLA Hinrichs, Karl. "Sovereign debt crises and pension reforms in selected European countries." Economics and Business Review EBR 13.3 (): 5-22.
APA , (). Sovereign debt crises and pension reforms in selected European countries. Economics and Business Review EBR 13(3), 5-22
ISO 690 HINRICHS, Karl. Sovereign debt crises and pension reforms in selected European countries. Economics and Business Review EBR, , 13.3: 5-22.