French Pension System: On the Verge of Retirement? (Abridged) Case Solution
This article goes throughthe French pension system, its particular institutional features, and some of the crucial challenges and opportunities confronting French reformers. Like nearly every other industrialized nation, France has a big pay as you go public pension system that's starting to run into serious financial trouble. Ever-increasing longevity, extreme public pressure for a lower retirement age, and the imminent retirement of the baby boomers are putting great stress on the present system. The case highlights that in considering suggestions for reform, the French are being required to consider two distinct societal goals that seem to be in battle-- economic protection and economic growth. Their selections will wind up using an enormous impact on their welfare state but also on the construction of capital markets and French labor.
This is just an excerpt. This case is about GLOBAL BUSINESS
PUBLICATION DATE: April 05, 1999