How politics and institutions affect pension reform in three postcommunist countries

How politics and institutions affect pension reform in three postcommunist countries

by World Bank. Development Research Group. Macroeconomics and Growth, Mitchell A. Orenstein

Book 2310 of Policy research working paper --

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During reform's three phases (commitment-building, coalition building, and implementation) there are tradeoffs among inclusiveness (of process), radicalism (of reform), and participation in, and compliance with the new system. Including more and more various veto and proposal actors, early in the deliberative process, may increase buy-in and compliance when pension reform is implemented but at the expense of faster and greater change.

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