Rent-Seeking in Private Pensions

Concentration, Pricing and Performance

Business & Finance, Finance & Investing, Finance, Industries & Professions, Industries
Cover of the book Rent-Seeking in Private Pensions by Silvia Borzutzky, Mark Hyde, Palgrave Macmillan UK
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Silvia Borzutzky, Mark Hyde ISBN: 9781137580351
Publisher: Palgrave Macmillan UK Publication: August 31, 2016
Imprint: Palgrave Macmillan Language: English
Author: Silvia Borzutzky, Mark Hyde
ISBN: 9781137580351
Publisher: Palgrave Macmillan UK
Publication: August 31, 2016
Imprint: Palgrave Macmillan
Language: English

This book argues that the implementation of compulsory, highly regulated, privately administered, defined contribution pensions facilitates rent-seeking behaviour on the part of the pension fund administrators and undermines the retirees’ income and well-being. While the book focuses primarily on Chile, its analysis and conclusions are applicable to several Latin American and Eastern European countries where privately administered pension systems have been implemented. Chapters evaluate the scholarly literature and empirical evidence around three aspects of the pension fund industry: structure, pricing and performance. The authors conclude that state regulation has facilitated the accumulation of capital in the hands of the pension fund administrators. They also demonstrate that these systems owe more to the values and principles of conservative philosophy than to neoliberalism in providing alternative solutions to the rent-seeking approach to retirement.

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

This book argues that the implementation of compulsory, highly regulated, privately administered, defined contribution pensions facilitates rent-seeking behaviour on the part of the pension fund administrators and undermines the retirees’ income and well-being. While the book focuses primarily on Chile, its analysis and conclusions are applicable to several Latin American and Eastern European countries where privately administered pension systems have been implemented. Chapters evaluate the scholarly literature and empirical evidence around three aspects of the pension fund industry: structure, pricing and performance. The authors conclude that state regulation has facilitated the accumulation of capital in the hands of the pension fund administrators. They also demonstrate that these systems owe more to the values and principles of conservative philosophy than to neoliberalism in providing alternative solutions to the rent-seeking approach to retirement.

More books from Palgrave Macmillan UK

Cover of the book The Wandering Thought of Hannah Arendt by Silvia Borzutzky, Mark Hyde
Cover of the book Regimes of Social Cohesion by Silvia Borzutzky, Mark Hyde
Cover of the book Managing Expatriates in China by Silvia Borzutzky, Mark Hyde
Cover of the book Lasting Screen Stars by Silvia Borzutzky, Mark Hyde
Cover of the book Making Innovation Last: Volume 2 by Silvia Borzutzky, Mark Hyde
Cover of the book Corporate Governance in the United Kingdom by Silvia Borzutzky, Mark Hyde
Cover of the book Gendered Agency in War and Peace by Silvia Borzutzky, Mark Hyde
Cover of the book Power and Neoclassical Economics by Silvia Borzutzky, Mark Hyde
Cover of the book Recognition in International Relations by Silvia Borzutzky, Mark Hyde
Cover of the book Making the British Muslim by Silvia Borzutzky, Mark Hyde
Cover of the book The Entrepreneur in History by Silvia Borzutzky, Mark Hyde
Cover of the book The North Korean Nuclear Weapons Crisis by Silvia Borzutzky, Mark Hyde
Cover of the book Citizenship and its Others by Silvia Borzutzky, Mark Hyde
Cover of the book Controlling Comitology by Silvia Borzutzky, Mark Hyde
Cover of the book Economics of Immigration by Silvia Borzutzky, Mark Hyde
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy