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- Title
Tracking the Evolution of a Single Instrument Can Reveal Profound Changes: The Case of Funded Pensions in France.
- Authors
PALIER, BRUNO
- Abstract
Paygo pension schemes are said to be difficult to transform. However, the study of the French pension system shows that progressively, funded schemes play a greater role in the transformation. This change has been possible, despite path-dependent forces, through four sequences. First, the change is based on a diagnosis shared among most actors, which challenges the instruments chosen in the past. Second, the new instruments are chosen in opposition to the past. Third, the new measures are adopted on the basis of an ambiguous, even contradictory, agreement. Finally, the new instruments expand incrementally, but their development is leading to cumulative change and a profound transformation of both the logic and the structure of the pension system.
- Subjects
FRANCE; PENSION financing; SOCIAL security; POLITICAL planning; PUBLIC policy (Law); POLITICAL participation
- Publication
Governance, 2007, Vol 20, Issue 1, p85
- ISSN
0952-1895
- Publication type
Article
- DOI
10.1111/j.1468-0491.2007.00345.x