Evaluating the Impact of COVID-19 on Pension Systems in Latin America and the Caribbean: The Case of Argentina
This paper presents a first approximation to assess the impact of the COVID-19 outbreak on Argentinas pension system in both the short and medium/long-term. To this end, we have used the Pension Projection Model of the Inter-American Development Bank (IDB) to design and analyze possible scenarios and outcomes, based on alternative scenarios. According to the data analyzed and the projections, the impact of COVID-19 on Argentinas pension system in the short run seems to have been limited, particularly given the rapid recovery during the last months of 2021. The long-term impact is harder to predict. Given the macroeconomic effects of the efforts made by authorities to protect the system and pensioners during the pandemic on the one hand; and the effects of COVID-19 within the labor market on the other, overall consequences are still to be fully understood.
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| Language: | English |
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Inter-American Development Bank
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| Subjects: | Inflation, Pension Systems, Sustainability, Labor Force, Population Aging, Coronavirus, Women, Gross Domestic Product, Labor Market, I31 - General Welfare Well-Being, I38 - Government Policy • Provision and Effects of Welfare Programs, J11 - Demographic Trends Macroeconomic Effects and Forecasts, J14 - Economics of the Elderly • Economics of the Handicapped • Non-Labor Market Discrimination, |
| Online Access: | http://dx.doi.org/10.18235/0004508 https://publications.iadb.org/en/evaluating-impact-covid-19-pension-systems-latin-america-and-caribbean-case-argentina |
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