Social Security: National Policies With International Implications  

Oleh:

Pemberton, James

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: The Economic Journal (EBSCO) vol. 109 no. 457 (Jul. 1999), page 492-508.
Fulltext: 492.pdf (224.58KB)

Isi artikel

Social security policies within individual countries are determined independently by national governments, but the resulting outcome is inefficient compared with what would result from the international co-ordination of policies. This is because national social security policies produce international externalities via their effects on world interest rates. An illustrative example suggests that the gains from co-ordination are potentially significant.

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