Retirement entitlement and monetary-fiscal policy

Exchange-based societies widely disperse their day-to-day decisions among their members and components. They arrange pluralistic social processes by means of economic exchange. In such societies, the fundamental dynamic of exchange should be a central consideration of any social welfare doctrines. R...

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Bibliographic Details
Published in:International journal of social economics 2004-01, Vol.31 (9), p.818-831
Main Author: Swanson, G.A
Format: Article
Language:English
Subjects:
Economics
Ethics
Fiscal policy
Monetary policy
Pensions
Retirement
Retirement benefits
Social economics
Social policy
Social welfare
Socioeconomic factors
Studies
Citations: Items that this one cites
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Summary:Exchange-based societies widely disperse their day-to-day decisions among their members and components. They arrange pluralistic social processes by means of economic exchange. In such societies, the fundamental dynamic of exchange should be a central consideration of any social welfare doctrines. Retirement entitlements should be considered a structural element of the exchange system itself. Current retirement entitlement and benefits programs are immediately and continuously a part of monetary-fiscal policy management, and, as such, highly politicized. Such programs may be structured in a way that removes them from such short-term influences. This study examines some ways in which retirement entitlement programs may be restructured and suggests that such restructuring should be undertaken in exchange-based societies.
ISSN:0306-8293
1758-6712
DOI:10.1108/03068290410550610