Economía política de la reforma del sistema colombiano de pensiones

Álvaro Martín Moreno R. () and Fabio Ortiz ()
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Álvaro Martín Moreno R.: Universidad Nacional de Colombia
Fabio Ortiz: Universidad Externado de Colombia

Revista de Economía Institucional, 2010, vol. 12, issue 22, 167-192

Abstract: This paper offers a critical analysis of the arguments against the public pensions system. It shows that the defense of the fully funded system based on its solvency and its ability to automatically cope with the processes of aging society are mere fallacies. In fact, it can be shown that the pay-as-you-go and fully funded systems are equivalent, facing the same problems in the long term. Finally, projections of conventional indicators show that the cries of alarm of Fedesarrollo and BBVA have no solid foundation.

Keywords: pension system; political economy (search for similar items in EconPapers)
JEL-codes: H55 E61 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:rei:ecoins:v:12:y:2010:i:22:p:167-192

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