World Economics - Insight , Analysis and Data

World Economics - Insight , Analysis and Data
The Public/Private Mix in UK Pension Policy
Phil Agulnik & Nicholas Barr
World Economics, March 2000

The UK government aims to shift the balance between public (Pay-As-You-Go) and private (funded) pensions from 60:40 today to 40:60 by 2050 (UK DSS 1998). What is the economic rationale for this shift? Funding pensions may have a positive effect on economic growth and the long-term sustainability of the public finances, but such a move is only one of a menu of policies capable of achieving these outcomes. It follows that some other ratio between public and private provision would be possible, and there are a range of policy directions open to the government.


Download paper

Related thinking:
    The IMF’s Uneasy Excursion into the Euro Zone
Graham Bird
World Economics, September 2015
    The Eurozone: Was the UK Right to Opt Out?
Julian Gough
World Economics, September 2015
    What is Britain worth to the next generation?
Angus Hanton
World Economics, June 2015




© Copyright World Economics Ltd. 2017