Pension system reforms in Latin America: The position of the International organizations

This article analyses the position taken by various international and regional organizations regarding pension system reforms in Latin America. Over the last ten years, these organizations have carried out studies on almost all the Latin American countries (although on only a few in the English-speaking Caribbean), identified and analysed key aspects, compared the reforms made, evaluated their advantages and disadvantages and developed global strategies or sets of desirable features for ideal types of reforms. The author identifies a number of the main alternatives or issues in the social security debate, makes a general classification of the pension system reforms carried out in the region, and after describing a hypothetically universal model he analyses its real viability.