Please use this identifier to cite or link to this item: https://www.um.edu.mt/library/oar/handle/123456789/33656
Title: Pension reforms since the financial crisis could have a serious impact on the future retirement incomes of young Europeans
Authors: Grech, Aaron George
Keywords: Retirement income -- European Union countries
Retirement income -- Government policy
Global Financial Crisis, 2008-2009
Old age pensions
Teenagers -- Social conditions -- European Union countries
Issue Date: 2015
Publisher: LSE
Citation: Grech, A.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.
Abstract: What effect has the financial crisis had on pension systems in EU countries? The author 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.
URI: http://eprints.lse.ac.uk/71054/
https://www.um.edu.mt/library/oar//handle/123456789/33656
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