From Structural Reform to Compensatory Expansion Pension Coverage: Political Economy, and Recent Reformsin Peru, Chile, and Colombia

Diplôme Master From Structural Reform to Compensatory Expansion Pension Coverage: Political Economy, and Recent Reformsin Peru, Chile, and Colombia eng 2026-01-30 author Hernandez Carrasco Santiago 412073 director Nikiforos Michalis 0000-0003-1477-7593 948057 Service enseignement, recherche, administratif et technique (SdS) (SCSPS) 57 This report analyses pension reform trajectories in Chile, Peru, and Colombia from a comparative political economy perspective. Using administrative coverage data and process tracing, it shows that structural reforms introduced in the 1980s and 1990s produced persistent ceilings on contributory coverage, largely due to labour informality and fragmented employment histories. These limits generated pressure for compensatory and hybrid reforms, including the expansion of non-contributory pillars and partial recalibration of contributory systems. While all three countries converged toward mixed pension architectures, their reform paths diverged according to political coalitions, institutional constraints, and degrees of instability. The findings highlight the structural limits of contributory expansion in high-informality contexts and underline the importance of reform sequencing and political feasibility for sustainable pension design. Pension reform trajectories Chile Peru Colombia Comparative political economy perspective Administrative coverage data Process tracing Structural reforms introduced in the 1980s and 1990s Dewey 330 Dewey 330.9 Master in Political Economy of Capitalism 123 Département d'histoire, économie et société T5 193 Institut d'histoire économique Paul Bairoch TE false c3150884-6a81-402b-a36a-d4e474771f9b Master thesis Restricted Internship_Report_UNIGE_ISSA_05-02-.pdf 835101 application/pdf a87ace1820bc4fe55a82c5075bbc65b386f34f33e98ba807c11ed815046e2805 restrictedAccess Faculté des sciences de la société / Département d'histoire, économie et société Faculté des sciences de la société / Institut d'histoire économique Paul Bairoch

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From Structural Reform to Compensatory Expansion Pension Coverage: Political Economy, and Recent Reformsin Peru, Chile, and Colombia				2026	7	1

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Hernandez Carrasco, Santiago