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Administrative Aspects of Investment-Based Social Security Reform

John B. Shoven

$112.95

Hardback

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English
University of Chicago Press
01 September 2000
Social security reform in the United States continues to be a pressing and contentious issue, with advocates touting some form of a centralized or a privatized system of personal accounts. In general, centralized systems offer low administrative costs, but are potentially subject to political mismanagement and appropriation. Privatized account systems, on the other hand, offer higher yields with more flexibility, but may prove too expensive and logistically daunting to implement. Uniting learned and outspoken proponents on both sides of the debate, this volume provides the first comprehensive analysis of the issues involved in administering a system of essentially private social security accounts. The contributors together come to startlingly similar conclusions, generally agreeing that a centralized system of accounts could deliver the benefits of privatization in a feasible and cost-efficient way by accessing administrative mechanisms already in existence. This is perhaps the most far-reaching synthesis yet envisioned of functional and implementable social security reform.

Edited by:  
Imprint:   University of Chicago Press
Country of Publication:   United States
Edition:   2nd ed.
Dimensions:   Height: 24mm,  Width: 16mm,  Spine: 2mm
Weight:   454g
ISBN:   9780226754857
ISBN 10:   0226754855
Series:   (NBER) National Bureau of Economic Research Conference Reports
Pages:   236
Publication Date:  
Audience:   College/higher education ,  Professional and scholarly ,  Professional & Vocational ,  A / AS level ,  Further / Higher Education
Format:   Hardback
Publisher's Status:   Active

John B. Shoven is the Charles Schwab Professor of Economics at Stanford University and a research associate of the National Bureau of Economic Research.

Reviews for Administrative Aspects of Investment-Based Social Security Reform

It's immediately apparent that Daniel Thayne is rapidly losing interest in Keiko Harada, his divorced Japanese girlfriend. Whether it's her Mickey Mouse socks or her cryptic take on the Queen's English, his tetchy disapproval of her foibles is symptomatic of his far-from-ideal situation as an English teacher working illegally in a school that cannot or will not pay him. To make matters worse he has lost his passport, and to make matters worse again, Keiko's family have decided that the time is right to convince Daniel that he and their daughter would make the perfect married couple. Daniel's unenviable and lonely existence is brought to life superbly and it's difficult not to empathize with this young man whose ambitions are no loftier than getting together enough money to travel more and maybe get a lucky break as a photographer. No such luck for the likeable central character, though, as he wanders like the perennial outsider through a claustrophobic Tokyo, with its rickety buildings and relentless downpours. His unaffectionate attitude towards his students and their reasons for learning English is tainted further by his endless, fruitless attempts to extract his wages from the odious Mrs Chiba. When a painfully awful night out with a freeloading Australian makes matters even worse for the penniless ex-pat, it would seem that things could only get better. Then he discovers that Keiko is pregnant and her family is intent on exerting a nightmarish vice-like grip on his life. Matthew Kneale is probably best known for English Passengers, which won him the 2000 Whitbread Book of the Year as well as being shortlisted for the Booker Prize. This novel, his first, was originally published in 1987 as Whore Banquets and deservedly won him a Somerset Maugham Award the following year. Highly recommended to fans of the sophisticated comic novel. (Kirkus UK)


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