The ongoing global financial crisis, coupled with the continued dramatic increases in life expectancy, have escalated the concerns countries have regarding the sustainability of their pension systems and how these retirement schemes will be financed. From 1998 to 2008, close to 30 countries embarked on privatising reforms to their pension programs. Some of these countries introduced new pension reforms directed at private individual accounts while reducing the size of the state social security system. This volume was assembled to review the status of pension reforms globally and to gain a glimpse of the trends emerging as countries adjust to the new age of macroeconomic world-wide uncertainty.
Dr. Thom Reilly is the director of Morrison Institute for Public Policy and professor in the School of Public Affairs at Arizona State University. He is a former county executive for Clark County, Nevada (the Las Vegas Valley), and a current Fellow of the National Academy of Public Administration (NAPA). He and his work have appeared on NPR’s “Here and Now,” CNN Money, Wall Street Journal Radio, Fox Business News, and in The New York Times, The Guardian, Law 360, Governing, Businessweek and The Associated Press. He received his master and doctorate in public administration from the University of Southern California (USC) .