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Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
European Pensions & Global Finance

European Pensions & Global Finance

Paperback

Business GeneralPersonal Finance

ISBN10: 0199253641
ISBN13: 9780199253647
Publisher: Oxford University Press
Published: Mar 27 2003
Pages: 268
Weight: 0.88
Height: 0.56 Width: 6.35 Depth: 9.14
Language: English
This book is about the demographic and funding crises that threaten continental European systems of pension and retirement income. The author argues that state-sponsored social security will not deliver promised retirement incomes for the baby-boom generation; European monetary union and the imperatives of global finance has made such promises untenable thereby undercutting nation-state social solidarity. Globalization has set many challenges for European countries not least of which is providing pension security for theory citizens. At the same time, global finance has opened-up options for corporations and individuals seeking alternatives to the past; but exercising those opportunities will come at a high cost for European notions of social justice.

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