The Private Pension System as an obstacle to the construction of Social Security in underdeveloped countries: Lessons from the Peruvian case
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https://orcid.org/0000-0002-2808-6892
Abstract
This paper analyzes the development of the Private Pension System, from the Peruvian experience, with respect to three fundamental areas: 1) Its implementation and consolidation process, 2) the role of investment of pension funds in the field both foreign as well as domestic, and 3) structural conflicts during the pandemic, specifically those related to pension fund withdrawal measures and their effects; Based on this, we will critically evaluate the role of the Private Pension System before the possibility of building a genuine Social Security. With this, the general guidelines are established so that countries in the same conditions of underdevelopment and dependency can evaluate the future outlook of pension reforms that must necessarily affect the economic structure.
