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European Pensions & Global Finance
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European Pensions & Global Finance

Gordon L. Clark

Abstract

This book is about the demographic and funding crises that threaten systems of pension and retirement income in continental Europe. The book argues that state-sponsored social security will not deliver promised retirement incomes for the baby-boom generation; European monetary union and the imperatives of global finance has made such promises untenable thereby undercutting nation-state social solidarity. Globalisation has set many challenges for European countries, not least of which is providing pension security for their citizens. At the same time, global finance has opened-up options for co ... More

Keywords: funding crisis, pension, retirement income, social security, global finance, nation-state, globalisation, Europe, social justice, social solidarity

Bibliographic Information

Print publication date: 2003 Print ISBN-13: 9780199253647
Published to Oxford Scholarship Online: January 2010 DOI:10.1093/acprof:oso/9780199253647.001.0001

Authors

Affiliations are at time of print publication.

Gordon L. Clark, author
Halford Mackinder Professor of Geography and Fellow of the Saïd Business School, University of Oxford
Author Webpage