Buch, Englisch, 272 Seiten, Format (B × H): 161 mm x 241 mm, Gewicht: 529 g
Buch, Englisch, 272 Seiten, Format (B × H): 161 mm x 241 mm, Gewicht: 529 g
ISBN: 978-0-19-925363-0
Verlag: Oxford University Press
This text 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 their 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.
1. Introduction: The Nation-State in the Twenty-First Century; 2. Overview: Demography and Pensions Funding; 3. Requiem for a French Ideal; 4. Global Finance and German Accounting Rules; 5. Stakeholders, Shareholders, and German Co-determination; 6. Dutch Fund Governance and Financial Services; 7. London's Place in the World of Finance; 8. Epilogue: Pension Futures