The Political Economy of Pension Policy Reversal in Post-Communist Countries

Nonfiction, Reference & Language, Law, Urban State & Local Government, Social & Cultural Studies, Political Science
Cover of the book The Political Economy of Pension Policy Reversal in Post-Communist Countries by Sarah Wilson Sokhey, Cambridge University Press
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Author: Sarah Wilson Sokhey ISBN: 9781108100472
Publisher: Cambridge University Press Publication: October 26, 2017
Imprint: Cambridge University Press Language: English
Author: Sarah Wilson Sokhey
ISBN: 9781108100472
Publisher: Cambridge University Press
Publication: October 26, 2017
Imprint: Cambridge University Press
Language: English

Why do governments backtrack on major policy reforms? Reversals of pension privatization provide insight into why governments abandon potentially path-departing policy changes. Academics and policymakers will find this work relevant in understanding market-oriented reform, authoritarian and post-communist politics, and the politics of aging populations. The clear presentation and multi-method approach make the findings broadly accessible in understanding social security reform, an issue of increasing importance around the world. Survival analysis using global data is complemented by detailed case studies of reversal in Russia, Hungary, and Poland including original survey data. The findings support an innovative argument countering the conventional wisdom that more extensive reforms are more likely to survive. Indeed, governments pursuing moderate reform - neither the least nor most extensive reformers - were the most likely to retract. This lends insight into the stickiness of many social and economic reforms, calling for more attention to which reforms are reversible and which, as a result, may ultimately be detrimental.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Why do governments backtrack on major policy reforms? Reversals of pension privatization provide insight into why governments abandon potentially path-departing policy changes. Academics and policymakers will find this work relevant in understanding market-oriented reform, authoritarian and post-communist politics, and the politics of aging populations. The clear presentation and multi-method approach make the findings broadly accessible in understanding social security reform, an issue of increasing importance around the world. Survival analysis using global data is complemented by detailed case studies of reversal in Russia, Hungary, and Poland including original survey data. The findings support an innovative argument countering the conventional wisdom that more extensive reforms are more likely to survive. Indeed, governments pursuing moderate reform - neither the least nor most extensive reformers - were the most likely to retract. This lends insight into the stickiness of many social and economic reforms, calling for more attention to which reforms are reversible and which, as a result, may ultimately be detrimental.

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