Authors

Marek Góra

  • Current position:
    Professor of Economics, Warsaw School of Economics, Poland; Visiting Professor, College of Europe, Belgium
  • Positions/functions as policy advisor:
    Advisor to President of Poland (2002–2005)
  • Research interest:
    Labor economics, pension economics, health economics, social policy
  • Website:
    http://bit.ly/Gora_IZApage
  • Affiliations:
    Warsaw School of Economics, Poland, and IZA, Germany
  • Qualifications:
    PhD Economics, Warsaw School of Economics, 1988
  • Personal statement about IZA World of Labor:
    The IZA World of Labor initiative is a chance to broaden the link between academia and practitioners and to bring more rational arguments into public debates. I am glad to be a part of the initiative
  • Selected publications:
    • “Political economy of pension reforms: Selected general issues and the Polish pension reform case.” IZA Journal of Labour and Development 2:2 (2013).
    • “Demography rules in pension systems.” In: Kupiszewski, M. (ed.). International Migration and the Future of Populations and Labour in Europe. Dordrecht: Springer, 2013; pp. 293–300.
    • “Preserving social models while regaining competitiveness: Can Europe do both?” European View 11:1 (2012): 55–62.
    • “Creating a good pension system: A challenge for Europe.” In Dykstra, P. A. (ed.). Ageing, Intergenerational Solidarity and Age-Specific Vulnerabilities. The Hague: KNAW Press, 2008; pp. 1–16.
    • Shifting Perspectives in Pensions. IZA Discussion Paper No. 1369, 2004 (with E. Palmer).
  • Articles

Redesigning pension systems

The institutional structure of pension systems should follow population developments

May 2014

10.15185/izawol.51 51

by Marek Góra Góra, M

For decades, pension systems were based on the rising revenue generated by an expanding population (demographic dividend). As changes in fertility and longevity created new population structures, however, the dividend disappeared, but pension systems failed to adapt. They are kept solvent by increasing redistributions from the shrinking working-age population to retirees. A simple and transparent structure and individualization of pension system participation are the key preconditions for an intergenerationally just old-age security system.