The economic demands of an ageing population, coupled with the crisis of public spending pose one of the greatest challenges to social policy in both the East and West. This book focuses on the political economy of pensions, particularly on the interaction between private and state provision.
Enterprise and the Welfare State argues that there is more to welfare than simply provision by the state and so the focus of this book is on the welfare society rather than the welfare state. This requires a new system of statistical accounting and a different focus for case studies. A multidisciplinary approach is used to examine the design of the pensions system in nine countries with different institutional welfare mixes. Using a common conceptual framework, it compares and contrasts the goals and realities of the welfare systems in France, Germany, The Netherlands and Sweden, where strong occupational pensions are in operation, with the more modest welfare states in Japan, the United Kingdom and the United States. Each country case study provides a grounded analysis of the evolution of pension design and traces the impact of the policies on the economic well-being of the aged and the performance of the economy. It offers new data on the level of spending of enterprise based occupational pensions and examines the implications for redistribution resulting from changes in the design of state and occupational pensions.
This book will be essential reading for academics, students and public policymakers interested in the economics of welfare, social policy and the future of pension provision.
Edited by Martin Rein, Professor of Social Policy, Department of Urban Studies and Planning, Massachusetts Institute of Technology, US and Eskil Wadensjoe, Professor of Labour Economics, Swedish Institute for Social Research, Stockholm University, Sweden
Contents: Preface 1. The Emerging Role of Enterprise in Social Policy (M. Rein and E. Wadensjoe) 2. The Austrian Pension System (P. Rosner, T. Url and A. Woergoetter) 3. France: A National and Contractual Second Tier (E. Reynaud) 4. The Public-Private Mix in Pension Provision in Germany: The Role of Employer-based Pension Arrangements and the Influence of Public Activities (W. Schmahl) 5. The Retirement Provision Mix in Italy: The Dominant Role of the Public System (R. Di Biase, A. Gandiglio, M. Cozzolino and G. Proto) 6. The Role of the Japanese Company in Compensating Income Loss after Retirement (Y. Kimura) 7. The Netherlands: Growing Importance of Private Sector Arrangements (M. Blomsa and R. Jansweijer) 8. The Welfare Mix in Pension Provisions in Sweden (E. Wadensjoe) 9. The British Case (T. Lynes) 10. Enterprise and the State: Interactions in the Provision of Employees' Retirement Income in the United States (L. apRoberts and J. Turner) Index