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)
  • Uriel De Magalhães Escola de Pós-Graduação em Economia Fundação Getúlio Vargas (EPGE-FGV)
  • Luiz Schymura de Oliveira Escola de Pós-Graduação em Economia Fundação Getúlio Vargas (EPGE-FGV)
  • Helio Portocarrero Universidade Santa Ursula - Rio de Janeiro

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.

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How to Cite

Fragelli-Cardoso, R., De Magalhães, U., Schymura de Oliveira, L., & Portocarrero, H. (2010). 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