Nektarios, Milton, Tinios, Platon, Simeonidis, George, (2017), “A pension system for younger workers in Greece: A proposal for growth”, LSE Hellenic Observatory, 13 January
Recent pension reforms help to trap Greece in deep crisis, but only increase the insecurity of pensioners. To break out of that vicious circle, a fresh start is needed. Such can result from the immediate introduction of a new type of pre-funded pensions. Such a new system, will put a stop to the reneging on pension commitments and can give a decisive impetus to the growth process. A detailed proposal was presented in December 2016 by a team of three academics from the University of Piraeus. That proposal has been quantified, potential problems identified and solutions proffered; even the considerable transition problems are likely to be more tractable than the most probable future course of the present, totally non-viable, arrangements.
Relevant Posts
- Tinios, Platon, (2016), “The Greek Pension Tragedy: A case of failure in Governance”, Konrad Adenauer Stiftung, 14 April
- Papadimitriou, Dimitri B., Nikiforos, Michalis, Zezza, Gennaro, (2016), “How long before growth and employment are restored in Greece?”, Levy Economics Institute of Bard College, Strategic Analysis, January