CEU Electronic Theses and Dissertations, 2018
| Author | Viraj,Vaishnavi |
|---|---|
| Title | In Search of Sustainable Pension Systems: A Contrast between Sweden and India |
| Summary | Rapid urbanization, breakaway from traditional/informal arrangements and demographic transition has pushed the question of sustainable pension systems to the center stage of policy. As a result, India has to pre-emptively act ahead of the curve and establish institutionally sustainable pension systems. On the other hand, Swedish pension system has been considered as the best-case practice through the international community. In this light, the case study of India and Sweden provide a striking contrast in terms of pension systems and reforms. The research objective focuses on under what conditions reforms are successful. More specifically, can India learn lessons from the Swedish pension reforms to move towards a sustainable system? The methodology of comparative case study and descriptive statistical tools assist in drawing lessons from Sweden for India. The hypothesis is confirmed that the current reforms in both countries are infused by socio-economic factors that are embedded in institutional commitments and actors’ preferences. The theoretical framework of institutional and power-resources approach explains the process of reforms. The empirics confirm that institutional preferences and path dependency shape the reform outcomes in pension systems. Through the analysis of the two countries, there are lessons India can draw from Sweden, however contextuality is important. Nevertheless, this thesis does not advocate for policy transfer or emulation of the Swedish model. The main findings/lessons are focused on increasing coverage, aligning institutional preferences for political support, increasing levels of financial literacy and involvement of key actors is important for the sustainability of the system. |
| Supervisor | Csaba; László |
| Department | International Relations MA |
| Full text | https://www.etd.ceu.edu/2018/viraj_vaishnavi.pdf |
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