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This paper analyzes how the international financial crisis negatively impacted pension reforms in Central and Eastern European countries that are members of the EU. The crisis raised questions about the benefits of transitioning to mixed pension systems that rely on both public and private funds compared to previous exclusively public systems. The financial crisis had short-term negative effects on pension reforms through losses in private pension funds, but also threatened longer term sustainability due to

Author

Florentz Magdalena

Language

EN