¿Construyendo castillos en la arena? La política de la seguridad social: las reformas de pensiones en Chile (1981-2008) y Argentina (1993-2008)

Abstract

In 1981 Chile began a wave of privati-zation and market-friendly reforms of social security systems in Latin America; Argentina did the same in 1993. In 2008, Chile and Argentina reformed their pension systems again. Chile maintains the private capitaliza-tion system complemented with a basic pen-sion and solidarity payments while Argentina eliminated the capitalization pillar and re- placed it by a single integrated delivery system publicly administered. This paper analyzes the policy reforms of pension systems as a result of the comparison between countries, as well as between market and state led reforms and state led reforms: Chile (1981 and 2008) and Argentina (1993 and 2008).