💨 Abstract

The article discusses a conversation involving Rafael Rofman, a principal researcher at CIPPEC, regarding the structural issues in Argentina's pension system. Rofman highlights the challenges of a 20-year-old emergency response (moratoria) and the urgency for comprehensive reform. He stresses the need for careful modification due to the system's size and cultural sensitivity, emphasizing the difficulty in long-term savings. Rofman points out that excessive exceptions and high costs make the system dysfunctional.

Courtesy: WTOP Staff