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Friday, July 16, 2010

Neoliberalism Social insecurity The financialisation of healthcare and pensions in developing countries http://www.brettonwoodsproject.org/doc/private/socialinsecurity.pdf

This paper aims to raise awareness of private financial institutions' influence on healthcare and pensions in developing countries.Section 1 argues that the privatisation reforms have failed to adequately address the social risks of old age, poverty and poor health. Far from increasing efficiency, the reforms have proved costly and have drained public resources through lavish tax incentives and significant administrative and regulatory expenses. 

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