The Italian debate on the pension system predominantly focuses on short-term aspects, neglecting relevant longer-term fundamentals. Based on long-term economic and demographic projections, this blog post calls for more awareness about the balance of risks that lie ahead.
At this event, we assessed the prospects for funded pension schemes as a component of balanced retirement savings, and how the regulatory framework could become more supportive within the EU’s nascent capital markets union.
During seven years of economic crisis, the intergenerational income and wealth divide has increased in many European Union countries. This paper reviews the pension reforms implemented by several countries and it provides policy recommendations to address the intergenerational divide.
On the 30th of April, the Italian Constitutional Court issued a decision on the pension reform introduced by the Monti government in 2011. The decision has potentially important implications for public finances, and sends also longer-reaching philosophical messages.
Public and private pension systems in Europe are adapted, as unchanged policies are not affordable due to aging of the population and low interest rates. Investment and economic growth stagnate in the aftermath of the financial crisis. Can pension funds play a role in enhancing investment and economic growth? What is the impact of pension […]