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What Can Countries in Other Regions Learn from Social Security Reform in Latin America?
Social Science Research Network [SSRN] 
Sept. 4, 2008
Excerpt: The experiences of Latin America ... offer some general lessons for countries in other parts of the world. These lessons relate to changes in labor market incentives accompanying reforms and how workers react to them, government actions that have met with success in managing the transition to funded pensions, and the expectations of individuals from social security systems. Latin America's reforms suggest that the most effective approach is to keep payroll taxes low, governments solvent, and social security systems focused on providing reasonable insurance against poverty in old age.
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