Economic Globalisation and Swedish Pensions
Expert report 28
- Publication date:
- 05 February 2009
- Type:
- Reports
- Source:
- Ministry of Education and Research
- Globalisation Council
- Author:
- Peter A. Diamond
Summary
Historically pension systems have undergone repeated changes as the economy and demography have changed, as politics has changed, and as understanding of the workings and effects of pension systems has evolved. Looking to the future, it is appropriate to ask how ongoing increasing economic globalization might affect the workings of the pension system and what changes might be worthwhile in the light of the anticipated changes. In the report Economic Globalization and Swedish Pensions the effects of globalization on the functioning of the Swedish pension system are analyzed. The author emphasizes that the Swedish pension system by and large is well designed. Nevertheless, there is room for improvement to better handle the effects of globalization and a number of concrete reforms are proposed.
