Social security reform in the United States continues to be a pressing
and contentious issue, with advocates touting some form of a
centralized or a privatized system of personal accounts. In general,
centralized systems offer low administrative costs, but are
potentially subject to political mismanagement and appropriation.
Privatized account systems, on the other hand, offer higher yields
with more flexibility, but may prove too expensive and logistically
daunting to implement. Uniting learned and outspoken proponents on
both sides of the debate, this volume provides the first comprehensive
analysis of the issues involved in administering a system of
essentially private social security accounts. The contributors
together come to startlingly similar conclusions, generally agreeing
that a centralized system of accounts could deliver the benefits of
privatization in a feasible and cost-efficient way by accessing
administrative mechanisms already in existence. This is perhaps the
most far-reaching synthesis yet envisioned of functional and
implementable social security reform.
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Produktdetaljer
ISBN
9780226754819
Publisert
2018
Utgave
1. utgave
Utgiver
Vendor
University of Chicago Press
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter