The Brazilian Social Security Program: Diagnosis and Proposal for Reform

Authors

  • Renato Fragelli-Cardoso Escola de Pós-Graduação em Economia Fundação Getúlio Vargas (EPGE-FGV) image/svg+xml
  • Uriel De Magalhães Escola de Pós-Graduação em Economia Fundação Getúlio Vargas (EPGE-FGV) image/svg+xml
  • Luiz Schymura de Oliveira Escola de Pós-Graduação em Economia Fundação Getúlio Vargas (EPGE-FGV) image/svg+xml
  • Helio Portocarrero Universidade Santa Ursula - Rio de Janeiro image/svg+xml

Keywords:

Brazil, social security, income inequality, inflation, informalization, pension reform

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.

Downloads

Download data is not yet available.

References

ABRAPP. (1993, octubre). Consolidado estatístico. Jornal da ABRAPP.

Arrau, P., & Schmidt-Hebbel, K. (1993). Macroeconomic and intergenerational welfare effects of a transition from pay-as-you-go to fully-funded pension systems [Mimeo]. World Bank.

Arrau, P., Valdés-Prieto, S., & Schmidt-Hebbel, K. (1993). Privately managed pension systems: Design issues and the Chilean experience [Mimeo]. The World Bank.

Azevedo, M. E. R. M., & Oliveira, F. E. B. (1985). Previdência social: Diagnóstico e perspectivas. Revista Brasileira de Administração Pública, 19(1), 59–94.

Carvalho, J. L., & Faro, C. de (1993). Previdência social no Brasil: Uma proposta de reforma. In C. de Faro (Ed.), Previdência social no Brasil: Diagnósticos e sugestões de reforma. Pesquisas EPGE, Fundação Getúlio Vargas.

Fragelli, R., Portocarrero, H., Magalhães, U., & Schymura, L. G. (1993). Previdência social pública: A experiência brasileira. In C. de Faro (Ed.), Previdência social no Brasil: Diagnósticos e sugestões de reforma. Pesquisas EPGE, Fundação Getúlio Vargas.

Lindbeck, A., & Weibull, J. W. (1988). Altruism and time consistency: The economics of fait accompli. Journal of Political Economy, 96(6), 1165–1182.

Medici, A. C., & Silva, P. L. B. (1991). Seguridade social: Velhos problemas, novos desafios. Revista de Administração Pública, 25(4), 69–134.

Ministério da Previdência Social - INSS. (1992-1993). Carta do MPS [Varios números].

Schymura, L. G. (1992). A visão teórica sobre modelos previdenciários: O caso brasileiro. Ensaios Econômicos, EPGE-FGV.

Vergara, R. (1992). The economics of mandatory benefit programs [Mimeo]. Banco Central de Chile.

Downloads

Published

1994-04-30

How to Cite

Fragelli-Cardoso, R., De Magalhães, U., Schymura de Oliveira, L., & Portocarrero, H. (1994). 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

Issue

Vol. 9 No. 1 (1994)

Section

Articles

License

Copyright (c) 1994 Renato Fragelli-Cardoso, Uriel De Magalhães, Luiz Schymura de Oliveira, Helio Portocarrero

Creative Commons License

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Article usage

ViewsTimes this article's page was opened since the journal started recording statistics. One person can visit more than once.
169
DownloadsTimes the full text of this article (usually the PDF) was opened or downloaded.
162

All time, as recorded by the journal.

Last 2 years: 78 views, 89 downloads.

0.96 downloads per view (journal average 1.65).Downloads of the full text for every abstract view of this article, compared with the whole journal.

Explore the journal's metrics