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The Political Economy of Pension Policy Reversal in Post-Communist Countries

The Political Economy of Pension Policy Reversal in Post-Communist Countries

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  • Date Published: October 2017
  • availability: In stock
  • format: Hardback
  • isbn: 9781107189850

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About the Authors
  • Why do governments backtrack on major policy reforms? Reversals of pension privatization provide insight into why governments abandon potentially path-departing policy changes. Academics and policymakers will find this work relevant in understanding market-oriented reform, authoritarian and post-communist politics, and the politics of aging populations. The clear presentation and multi-method approach make the findings broadly accessible in understanding social security reform, an issue of increasing importance around the world. Survival analysis using global data is complemented by detailed case studies of reversal in Russia, Hungary, and Poland including original survey data. The findings support an innovative argument countering the conventional wisdom that more extensive reforms are more likely to survive. Indeed, governments pursuing moderate reform - neither the least nor most extensive reformers - were the most likely to retract. This lends insight into the stickiness of many social and economic reforms, calling for more attention to which reforms are reversible and which, as a result, may ultimately be detrimental.

    • Will appeal to a methodologically diverse audience, as rigorous statistical analysis combined with original survey research and country cases studies are described in a non-technical, accessible manner
    • Offers an explanation of social security reform, an increasingly urgent issue around the world given ageing populations
    • Argument and findings are widely accessible to academics and policymakers alike, with non-technical explanations
    Read more

    Awards

    • Co-winner, 2018 Ed A. Hewett Book Prize, Association for Slavic, East European, and Eurasian Studies

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    Product details

    • Date Published: October 2017
    • format: Hardback
    • isbn: 9781107189850
    • length: 268 pages
    • dimensions: 235 x 157 x 19 mm
    • weight: 0.5kg
    • availability: In stock
  • Table of Contents

    Figures and tables
    Pension terminology
    Preface
    Part I. Introduction and Theory:
    1: Introduction: explaining the puzzling reversal of pension privatization
    2. Backtracking on pension privatization around the world
    3. A theory of policy reversal
    Part II. Global Trends in Pension Privatization Reversal:
    4. Evidence on pension policy reversals from around the world
    Part III. Pension Privatization Reversal under Moderate Reform
    Overview of Case Studies:
    5. Russia's staggered reversal of reform
    6. Russia's domestic stakeholders and backtracking on reform
    7. Variation in pension policy reversals: Hungary and Poland
    Summary of case findings
    Part IV. Conclusion:
    8. The importance of understanding policy reversal
    Appendix of interviews conducted by author
    References
    Index.

  • Author

    Sarah Wilson Sokhey, University of Colorado Boulder
    Sarah Wilson Sokhey is an Assistant Professor in the Department of Political Science at the University of Colorado Boulder, a Faculty Associate at the Institute of Behavioral Science, and an Associate Fellow at the International Center for the Study of Institutions and Development at the Higher School of Economics in Moscow. Her work on comparative political economy and post-communist politics has appeared in Party Politics, Europe-Asia Studies, Business and Politics, and Economics and Politics. Her research has been funded by the International Research and Exchanges Board (IREX) and the Social Science Research Council (SSRC).

    Awards

    • Co-winner, 2018 Ed A. Hewett Book Prize, Association for Slavic, East European, and Eurasian Studies

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