Comparison of Pension Systems’ Efficiency of the EU and EFTA Countries in the Years 2005-2006 Cover Image

Porównanie efektywności systemów emerytalnych krajów UE i EFTA w 2005 i 2006 r.
Comparison of Pension Systems’ Efficiency of the EU and EFTA Countries in the Years 2005-2006

Author(s): Artur Mikulec
Subject(s): Economy, Supranational / Global Economy, Socio-Economic Research
Published by: Główny Urząd Statystyczny
Keywords: adequacy; sustainability and modernization of pension systems; synthetic measure of pension systems’ efficiency; EU and EFTA countries

Summary/Abstract: The aim of the article is to present the results of the empirical analysis of the level of pension systems’ efficiency of EU and EFTA countries in the years 2005–2006 on the basis of the proposed synthetic measure. We discuss the results of the initial analysis, linear ordering of pensions systems, “maps of systems efficiency” and grouping (cluster analysis). The presented results allow us to show a group of countries with the highest level of pension systems’ efficiency and countries similar to Poland with respect to the examined efficiency. The obtained results reveal a close similarity between pension systems of countries of Central and Eastern Europe.

  • Issue Year: 57/2010
  • Issue No: 2-3
  • Page Range: 63-81
  • Page Count: 19
  • Language: Polish