(Un)sustainability and reform of the social security system in Brazil: a generational accounting approach

Detalhes bibliográficos
Autor(a) principal: Miessi,Fabio
Data de Publicação: 2007
Outros Autores: Souza,André Portela
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Revista Brasileira de Economia (Online)
Texto Completo: http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71402007000300005
Resumo: In this paper we apply the Generational Accounting methodology for the Brazilian public sector and for the two social security systems of the country - RGPS (private sector workers system) and RPPS (civil servants system). On the whole, in the basic scenario we found an imbalance of 98%, what is equivalent to say that future generations will face a fiscal burden 98% higher than the fiscal burden faced by an individual born in the base year. The imbalance observed in the RGPS and RPPS are also higher and has important impacts over the total imbalance. Moreover, the imposition of a set of social security reforms will tend to promote the intergenerational balance when we consider all taxes and transfers. Notwithstanding, the generational imbalance in the social security systems will persist. These considerations, in turn, indicate that the Brazilian public sector will continue to collect huge amounts of wealth, consumption and property taxes in order to afford the imbalance in its social security systems.
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spelling (Un)sustainability and reform of the social security system in Brazil: a generational accounting approachSocial security and public pensionsfiscal policy and simulation modelsIn this paper we apply the Generational Accounting methodology for the Brazilian public sector and for the two social security systems of the country - RGPS (private sector workers system) and RPPS (civil servants system). On the whole, in the basic scenario we found an imbalance of 98%, what is equivalent to say that future generations will face a fiscal burden 98% higher than the fiscal burden faced by an individual born in the base year. The imbalance observed in the RGPS and RPPS are also higher and has important impacts over the total imbalance. Moreover, the imposition of a set of social security reforms will tend to promote the intergenerational balance when we consider all taxes and transfers. Notwithstanding, the generational imbalance in the social security systems will persist. These considerations, in turn, indicate that the Brazilian public sector will continue to collect huge amounts of wealth, consumption and property taxes in order to afford the imbalance in its social security systems.Fundação Getúlio Vargas2007-09-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersiontext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71402007000300005Revista Brasileira de Economia v.61 n.3 2007reponame:Revista Brasileira de Economia (Online)instname:Fundação Getulio Vargas (FGV)instacron:FGV10.1590/S0034-71402007000300005info:eu-repo/semantics/openAccessMiessi,FabioSouza,André Portelaeng2008-03-27T00:00:00Zoai:scielo:S0034-71402007000300005Revistahttp://bibliotecadigital.fgv.br/ojs/index.php/rbe/issue/archivehttps://old.scielo.br/oai/scielo-oai.php||rbe@fgv.br1806-91340034-7140opendoar:2008-03-27T00:00Revista Brasileira de Economia (Online) - Fundação Getulio Vargas (FGV)false
dc.title.none.fl_str_mv (Un)sustainability and reform of the social security system in Brazil: a generational accounting approach
title (Un)sustainability and reform of the social security system in Brazil: a generational accounting approach
spellingShingle (Un)sustainability and reform of the social security system in Brazil: a generational accounting approach
Miessi,Fabio
Social security and public pensions
fiscal policy and simulation models
title_short (Un)sustainability and reform of the social security system in Brazil: a generational accounting approach
title_full (Un)sustainability and reform of the social security system in Brazil: a generational accounting approach
title_fullStr (Un)sustainability and reform of the social security system in Brazil: a generational accounting approach
title_full_unstemmed (Un)sustainability and reform of the social security system in Brazil: a generational accounting approach
title_sort (Un)sustainability and reform of the social security system in Brazil: a generational accounting approach
author Miessi,Fabio
author_facet Miessi,Fabio
Souza,André Portela
author_role author
author2 Souza,André Portela
author2_role author
dc.contributor.author.fl_str_mv Miessi,Fabio
Souza,André Portela
dc.subject.por.fl_str_mv Social security and public pensions
fiscal policy and simulation models
topic Social security and public pensions
fiscal policy and simulation models
description In this paper we apply the Generational Accounting methodology for the Brazilian public sector and for the two social security systems of the country - RGPS (private sector workers system) and RPPS (civil servants system). On the whole, in the basic scenario we found an imbalance of 98%, what is equivalent to say that future generations will face a fiscal burden 98% higher than the fiscal burden faced by an individual born in the base year. The imbalance observed in the RGPS and RPPS are also higher and has important impacts over the total imbalance. Moreover, the imposition of a set of social security reforms will tend to promote the intergenerational balance when we consider all taxes and transfers. Notwithstanding, the generational imbalance in the social security systems will persist. These considerations, in turn, indicate that the Brazilian public sector will continue to collect huge amounts of wealth, consumption and property taxes in order to afford the imbalance in its social security systems.
publishDate 2007
dc.date.none.fl_str_mv 2007-09-01
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
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status_str publishedVersion
dc.identifier.uri.fl_str_mv http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71402007000300005
url http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0034-71402007000300005
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 10.1590/S0034-71402007000300005
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv text/html
dc.publisher.none.fl_str_mv Fundação Getúlio Vargas
publisher.none.fl_str_mv Fundação Getúlio Vargas
dc.source.none.fl_str_mv Revista Brasileira de Economia v.61 n.3 2007
reponame:Revista Brasileira de Economia (Online)
instname:Fundação Getulio Vargas (FGV)
instacron:FGV
instname_str Fundação Getulio Vargas (FGV)
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reponame_str Revista Brasileira de Economia (Online)
collection Revista Brasileira de Economia (Online)
repository.name.fl_str_mv Revista Brasileira de Economia (Online) - Fundação Getulio Vargas (FGV)
repository.mail.fl_str_mv ||rbe@fgv.br
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