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The New Pension Reform as Global Policy

This article analyzes the emergence and spread of the new pension reforms, a set of privatizing reforms that is part of a broader neoliberal agenda for global economic policy. The new pension reforms are significant both because they revolutionize the post-war social contract and because global policy actors have been involved directly in their implementation in more than 25 countries around the world. In this sense, the new pension reforms are a case of global policy. This article defines the scope of global policy, explores the content of the new pension reforms, and shows the new pension reforms to be a global policy in their development, transfer, and implementation.