Pension privatisation trends and the ınfluence of organised business ınterests: What did the economic crisis show?

Son yıllarda giderek artan ve sürdürülemez olarak tahmin edilen emeklilik harcamalarının azaltılması ama- cıyla sosyal güvenlik ve emeklilik sistemlerinde birçok ülke reform uygulamıştır. Bu reformlar kapsamında emeklilik fonlarının özelleştirilmesi de önemli eğilimlerden biri olmuştur. Ancak özellikle son yaşanan ekono- mik ve mali kriz özel emeklilik sistemlerinin aksaklıklarını ve devletin bu alandaki düzenleyici ve denetleyici rolünü tekrar gündeme getirmiştir. Bu makalede krizden çıkarılan dersler ışığında özelleştirme eğiliminin bir hata olup olmadığı ve bu eğilimin yalnızca organize sermaye çevrelerinin baskısı ve etkisiyle açıklanıp açık- lanamayacağı genel hatlarıyla incelenmiştir. Sonuç olarak özelleştirmeye yönelik reformların kendi başlarına tamamen hatalı olmadığı; sermaye kesiminin etkisine ek olarak başka birçok etken olduğu; ikame yerine tamamlayıcı özel emeklilik sistemlerinin potansiyel katkıları ve her türden emeklilik fonunun etkin ve şeffaf bir yönetimi gerektirdiği örneklerle açıklanmaya çalışılmıştır.

Emeklilikte özelleştirme eğilimleri ve organize sermaye gruplarının etkisi: Ekonomik kriz ne gösterdi?

In recent years, in order to reduce growing pension spending, which is foreseen as unsustainable, social se- curity and pension system reform has been applied in many countries. Within the scope of these reforms, the privatisation of pension funds has been one of the most important trends. However, the economic and financial crisis of 2008 brought into focus once again the problems of private pension systems, and the regulatory and supervisory role of the state in this area. In the light of the lessons learned from the crisis, this article attempts to examine whether the privatisation trend was flawed, and if its adoption can only be explained by the influence of organised business interests. Using cases from countries across the world, this article argues that the trend toward privatisation per se was not a mistake; that, in addition to capitals influence, there were many other factors involved in the crisis; that, even taking their potential benefits into account, privately funded pensions should only be used as a complement to public old-age security systems and not as substitutes; and that any type of pension funds require effective government.

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