Arbetsrapport, Institutet för Framtidsstudier - Institute for Futures Studies
Three routes to a pension reform. Politics and institutions in reforming pensions in Denmark, Finland and Sweden.
(), Urban Lundberg
() and Niels Ploug
Abstract: By analysing pension reforms in three Nordic countries –
Denmark, Finland and Sweden that apply different institutional solutions in
their old-age security programmes – the paper argues that the political
processes that shaped the country-specific pension set-ups in the 1950s and
1960s had important ramifications for the subsequent possibilities to
reform these schemes. There is a high degree of inertia both in
institutions and in the political reform options. Thus, the analysis shows
that the ‘new politics’ were not so new in any of the countries.
Furthermore, the three cases accentuate the question: What is a pension
reform? The Swedish reform in the late 1990s was ‘big bang’ where
everything was changed, the Finns build on piecemeal reforms that gradually
changed the whole system, while on the surface, the Danish story is about
stability and status quo. However, the Danish policy ‘drift’ changed the
basic characteristics of the system in the end.
Keywords: pension reform; Nordic countries; (follow links to similar papers)
JEL-Codes: J14; J26; (follow links to similar papers)
46 pages, September 2006
ISSN 1652-120X ISBN 13: 978-91-89655-94-2; ISBN 10: 91-89655-94-X
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