Europe grew rapidly for many years, but now, faced with greater challenges, several of the large economies in Europe have either failed to generate enough jobs or have failed to achieve the highest levels of productivity or both. This study explores why Europe's growth slowed, what contribution information technology makes to growth, and what policies could facilitate economic transformation. It emphasizes a system with strong work incentives and a high level of competitive intensity. Europe doesn't need to eliminate its protections for individuals, the authors conclude, but both social programs and policies toward business must be reoriented so that they encourage economic change.

Transforming the European Economy

Business & Money

Baily, Martin Neil

Kirkegaard, Jacob Funk

Economics

Peterson Institute for International Economics

It is generally accepted that Social Security must be reformed, but there is little agreement on what should be done to reform the program. US Pension Reform: Lessons from Other Countries looks at the social pension reforms of twelve other countries, assesses the current US Social Security program, and evaluates how these twelve models inform opportunities for adaptation of the current system. The authors consider governments' current fiscal balances in order to contextualize countries' initial financial liabilities and pension program infrastructure. The book concludes with an integrated reform proposal for Social Security. These prescriptions suggest concrete plans to address issues such as underfunding, benefits for high-income participants and the elderly demographic segment, as well as the creation of an individual account program. This volume forges significant advances and boldly confronts the challenge of reconstructing the US Social Security program.

US Pension Reform: Lessons from Other Countries

See the best price to sell, buy, or rent books by Kirkegaard, Jacob Funk. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Kirkegaard, Jacob Funk

See the best price to sell, buy, or rent books by Kirkegaard, Jacob Funk. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Transforming the European Economy

US Pension Reform: Lessons from Other Countries