scholarly journals The Political-Economy Positive Role of the Social Security System in Sustaining Immigration (But Not Vice Versa)

2007 ◽  
Author(s):  
Edith Sand ◽  
Assaf Razin
Keyword(s):  
Political Economy ◽  
Social Security ◽  
Social Security System ◽  
Security System ◽  
The Political ◽  
Positive Role ◽  
The Social

scholarly journals The social security reform process in Italy: where do we stand?

2004 ◽  
Vol 3 (2) ◽  
pp. 165-195 ◽  
Author(s):  
AGAR BRUGIAVINI ◽  
VINCENZO GALASSO
Keyword(s):  
Social Security ◽  
Pension System ◽  
Social Security System ◽  
Economic Incentives ◽  
Security System ◽  
The Political ◽  
Reform Process ◽  
Italian Population ◽  
Positive Effects ◽  
The Social

A reform process is underway in Italy. Achieving financial sustainability of the social security system has been the first objective characterizing the reforms of 1990s, but these have also introduced rules which aim at a more actuarially fair system. Indeed the social security system prevailing in Italy, financed on a PAYG basis, was, at the end of the 1980s, clearly unsustainable and also extremely unfair to some group of workers, enacting a form of perverse redistribution which is typical of ‘final salary’ defined benefit systems. It was also a system characterized by strong incentives to retire early.In this paper we briefly describe the different regimes of the Italian pension system in its recent history and focus on some aspects of the reform process taking place during the 1990s. Since economists and policy makers are still struggling to assess the results and the long-term effects of these reforms we provide both a survey of this debate and some fresh evidence on the evaluation of the policy changes. We carry out this analysis with a particular emphasis on two aspects which are relevant in the debate. On the one hand we stress the role of economic incentives and the overall fiscal implications of changing the systems as well as these incentives. On the other hand we emphasize the intergenerational considerations and the political implications of the ageing process of the Italian population. From our description it emerges that the overall design of the Italian reform is probably a good one, and yet some more steps need to be taken to speed up some of the positive effects of the reform process that, due the adverse demographic trends affecting PAYG systems as well as the political arena, could easily evaporate.

scholarly journals Compensation for Loss of an Economic Nature : An Australian Perspective

2005 ◽  
Vol 39 (2-3) ◽  
pp. 491-522
Author(s):  
Harold Luntz
Keyword(s):  
Social Security ◽  
Social Security System ◽  
Security System ◽  
Disability Benefit ◽  
Earning Capacity ◽  
Nursing Services ◽  
The Social ◽  
Pain And Suffering ◽  
Economic Nature

This paper first describes briefly the scope of the no-fault motor accident schemes which operate in Australia. It then sets out and evaluates the benefits payable under each for losses of an economic nature. These are benefits for hospital, medical, nursing, rehabilitation and like needs created by injuries in a motor accident ; for informal nursing services and assistance in the home, the need for which is similarly created ; for loss of earning capacity resulting from such accidents ; and for death so resulting. It does not deal with benefits for loss of a non-economic nature, such as pain and suffering (for which, as such, compensation is not generally payable under the schemes) and impairment. It nevertheless concludes that most benefits for loss of an economic nature should be integrated with the Australian social security system and that the true role of a no-fault scheme is to compensate for permanent impairment, since there is no general disability benefit payable under the social security system.

The role of social security in South Africa

2010 ◽  
Vol 53 (2) ◽  
pp. 159-168 ◽  
Author(s):  
Edwell Kaseke
Keyword(s):  
South Africa ◽  
Social Security ◽  
Secondary Data ◽  
Social Security System ◽  
Security System ◽  
The Social

The article examines the role of social security in South Africa based on a review of secondary data. The author argues that the role of social security is to prevent and reduce poverty and to promote reintegration. The social security system needs to be strengthened in order to enhance effectiveness.

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