Political Economy of Public Pensions

Discover the intricate dynamics of the pension crisis in Political Economy of Public Pensions by Eileen Norcross, published by Cambridge University Press in 2021. This insightful work, spanning 75 pages, delves into the political economy surrounding public pensions, highlighting the knowledge and incentive challenges embedded within their institutional frameworks, governance, and accounting practices.

Norcross expertly navigates the complexities of public pension systems, providing a thorough analysis that reveals the underlying issues contributing to the ongoing crisis. The book concludes with actionable recommendations for institutional, governance, and reporting reforms aimed at mitigating these challenges. Perfect for scholars, policymakers, and anyone interested in economics, this book is a must-read for understanding the future of public pensions.