The financial industry and pension privatization in Europe:

Thesis

The thesis examines the political dynamics behind the contemporary trend towards pension privatization in Europe. Its aim is to develop a theoretical model that can explain not only why governments have increasingly replaced their public pay-as-you-go systems with private fully-funded schemes, but also why there is considerable diversity both in the extent and in the content of pension privatization. Private pension funds can indeed be governed by a variety of institutional arrangements an...

Expand abstract

Authors: Naczyk, M; Marek Naczyk

• Alternative title: shareholder capitalism triumphant?
• Publication date: 2012
• Type of award: DPhil
• Level of award: Doctoral
• Awarding institution: Oxford University, UK
• Language: English
• Subjects: Political science; Pensions; Ageing; Welfare state reform and change; Social policy & social work; Public policy; European democracies