The Italian Pension System from the Firs Oil Shock to the Treaty of Maastricht: Facts and Debate at the Origin of the 1990s Reforms

Name: The Italian Pension System from the Firs Oil Shock to the Treaty of Maastricht: Facts and Debate at the Origin of the 1990s Reforms
Brand: Vita e Pensiero
Price: 6.00 EUR
Availability: OnlineOnly

digital

Article

Magazine

RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI

Issue

RIVISTA INTERNAZIONALE DI SCIENZE SOCIALI - 2011 - 2

Title

The Italian Pension System from the Firs Oil Shock to the Treaty of Maastricht: Facts and Debate at the Origin of the 1990s Reforms

Author

Luca Spataro

Publisher

Vita e Pensiero

Format

Article |

Pdf

Pages

Online from

04-2011

Issn

0035-676X (print) | 1827-7918 (digital)

€ 6.00

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Description

This article surveys the most significant steps in the history of the Italian pension and social protection system from the early 1970s up to the beginning of the period of the great reforms launched in the 1990s. First and foremost, it provides a quantitative analysis of the phenomenon under study, on the basis of the historical series produced by ISTAT (2002), and evaluates both the extent and composition of the increments that characterized the pattern of expenditure during this period. Secondly, the analysis seeks to shed light on the underlying causes of this increase and of the distributive distortions present in the Italian pension system. To this end, the debate among the economists of the era is reconstructed, with focus on the positions assumed by some of the most authoritative figures. Finally, the article addresses the problems and the debate concerning the institutional framework that contributed to the runaway expenditure.

Key words: Italian Pension system; Crisis; Reforms.

JEL Classification: H55; B25.