The brazilian social security program: Diagnosis and proposal for reform

• Renato Fragelli-Cardoso ^[1] ; Uriel De Magalhaes ^[1] ; Luiz Schymura de Oliveira ^[1] ; Helio Portocarrero ^[2]
  1. [1] Fundação Getulio Vargas

     Fundação Getulio Vargas

     Brasil

     
  2. [2] Universidade Santa Úrsula

     Universidade Santa Úrsula

     Brasil

     
• Localización: Revista de análisis económico, ISSN-e 0718-8870, ISSN 0716-5927, Vol. 9, Nº 1, 1994, págs. 251-269
• Idioma: inglés
• Enlaces
  • Texto completo
• Resumen

  • 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.