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An article by Rafael Doménech and Víctor Pérez-Díaz has been published in VoxEu.org, the policy portal of the Centre for Economic Policy Research.
Rafael Doménech, Víctor Pérez-Díaz, 11 December 2013
Based on the report issued by a Committee of Experts, the Spanish Parliament will pass a new law that implements an innovative sustainability factor in the public pension system. This column argues that the proposal solves the problem of financial sustainability in the long run while opening a wider debate on the welfare system and growth under conditions of increased global competition.
This article stems from the work of the Commitee of Experts on the sustainability factor of the public pension system, in which Víctor Pérez-Díaz acted as President and which produced its report in June 2013.