{"product_id":"pension-systems-in-the-first-years-of-post-communist-transition-von-alexi-gugushvili","title":"Pension Systems in the First Years of Post-communist Transition","description":"\u003cp\u003eThe study seeks to answer what factors played a  major role in development of public pension systems  in the economies of Central and Eastern Europe and  the Newly Independent States of the Former Soviet  Union. Our analysis, based on data from 1989 to 1997  in 23 transition economies, investigates five main  components of public pension system and identifies  three groups of countries with different patterns of  development. The existing explanations assume that  economic performance, demographic ageing, domestic  political constellations, external influence and the  path dependency are responsible for the variation in  pension system development patterns. Multivariate  regressions have been used to test these  explanations. We found that economic decline  explains changes in the qualifying conditions for  full pension benefits, the political variables  influence patterns of employees'' and employers''  contributions, while the share of government''s  revenues in GDP is the best explanation for the  variation in pension expenditure. The limitations of  the study suggest that longer time periods and a  small number of countries should be investigated.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783838330723\"\u003e\u003ch3\u003eThe Development of Public Pension Schemes from 1989 to 1997 in the Countries of CEE and the NIS\/FSU\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783838330723","offer_id":39498915381341,"sku":"9783838330723","price":49.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/7ee63796-0544-4ef3-994e-67a2fc65ee7f.jpg?v=1775628921","url":"https:\/\/shop.autorenwelt.de\/products\/pension-systems-in-the-first-years-of-post-communist-transition-von-alexi-gugushvili","provider":"Autorenwelt Shop","version":"1.0","type":"link"}