Abstract

This article analyses from a critical point of view the proposals of the World Bank to give an answer to the necessary higher expenditure on pensions (as well as in health care) to address the problem of population ageing. The pension policy reform in Chile, which was introduced by the World Bank as the best example of its orientation and which has brought about reform to other Latin American countries, turned out to be inadequate to ensure pensions, especially to those who suffer most by job precariousness and informality.

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