scholarly journals Predicted Effects of Chilean Pension Reform Application in the Czech Republic

2015 ◽  
Vol 63 (8) ◽  
pp. 967-989
Author(s):  
Petr Brabec ◽  
Karina Kubelková
2016 ◽  
Vol 9 (1) ◽  
pp. 117-134
Author(s):  
Martin Potůček ◽  
Veronika Rudolfová

Abstract The Czech Republic, as many other countries of Central and Eastern Europe, faced and is still facing a pension-reform challenge. The diversification of pension pillars led to the massive displacements of participant contributions from the public PAYG pension pillars to the newly constructed private, defined-contribution, fully-funded pillars. In the Czech Republic, the adoption of the relevant law was preceded by serious political conflict between supporters and opponents of this step (both among different political actors and among professionals). In an analysis of the conflict we critically apply the Advocacy Coalition Framework. We work mainly with the analysis of policy documents, public statements of the individual actors and an analysis of voting on the relevant law in both chambers of the Czech Parliament towards the identification of the crystallization process of two clear-cut coalitions between actors from both sides of the spectrum. The Advocacy Coalition Framework in exploring the dynamics of the public-policy process proved to be able to explain situations where there is sharp political conflict. Through the lens of the devil-shift of both camps (advocacy coalitions with different beliefs), each fell into extreme positions within the coalition to affirm the correctness of their arguments and positions.


2000 ◽  
Vol 9 (1) ◽  
Author(s):  
Marek Mora

This article deals with pension policy in three most developed transition countries: the Czech Republic, Hungary and Poland. Unreformed public pension systems suffer under a number of deficiencies and it is likely that pension policy will be a part of negotiations in the EU accession process, mainly due to its fiscal and social impacts. The progress in pension reform made so far differs broadly among those three countries. Hungary has adopted a multi-pillar system in July 1998 with a significant role of mandatory, fully funded pillar. Poland has made important preparation steps in the same direction and the laws have recently been approved by the Parliament. In the Czech Republic the main importance is still attached to the public pay-as-you-go pillar which was in 1994 complemented by private capital pension funds. This article search for explanations of this different development and makes some minimum recommendations for the Czech pension policy. A warning for the Czech government should be that the most pension reforms have been implemented in countries where the old system stood before collapse or had already collapsed. The Czech Republic should not wait until this moment and should take immediate actions to avoid this danger.


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