The Brazilian Social Security Program: Diagnosis and Proposal for Reform

  • Renato Fragelli-Cardoso Escola de Pos-Graduacâio em Economia Fundacâo Getulio Vargas (EPGE-FGV)
  • Uriel De Magalhães Escola de Pos-Graduacâio em Economia Fundacâo Getulio Vargas (EPGE-FGV)
  • Luiz Schymura de Oliveira Escola de Pos-Graduacâio em Economia Fundacâo Getulio Vargas (EPGE-FGV)
  • Helio Portocarrero Universidade Santa Ursula - Rio de Janeiro

Abstract

The Brazilian pay-as-you-go social security program is analyzed in a historical perspective. Its contribution to income inequality, and the role played by the inflation as a balancing variable are discussed. It is shown that budgetary constraints due to the increasing informalization of the labor force can no longer be reconciled with profligate eligibility criteria. A tailor-made proposal for reform is presented as well as a plan for financing the transition from today's system to the proposed one.
How to Cite
Fragelli-Cardoso, R., De MagalhãesU., Schymura de Oliveira, L., & Portocarrero, H. (1). The Brazilian Social Security Program: Diagnosis and Proposal for Reform. Economic Analysis Review, 9(1), 251-269. Retrieved from https://www.rae-ear.org/index.php/rae/article/view/194
Section
Articles