European Pensions and Global Finance by Gordon L. Clark

Hart in Notes and Queries, and in his edition of Jonson, 1906.

European Pensions and Global Finance


European Pensions and Global Finance Gordon L. Clark

Published March 27th 2003

ISBN : 9780199253630

Hardcover

272 pages


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 proised 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 soliarity. Globalization has set many challenges for European countries not least of which is prividing pension security for theor 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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