Ascent to Bankruptcy

In 1990, Carmelo Mesa-Lago, the foremost authority on social security in Latin America, concluded that all of the region's programs were imperiled, especially those in the most advanced nations. His study of twenty countries, originally sponsored by the United Nations Economic Commission for Latin America, critically reviews major financial problems, low and uneven population coverage, erosion in benefits, increasing costs, and the impact of social security on development.In words that eerily ec