This book examines the major economic challenges associated with the sustainability of public pensions, specifically demographic change, labor-market relations, and risk sharing. The issue of public pensions occupies the political and economic agendas of many major governments in the world. International organizations such as the World Bank and the OECD warn that the economic changes driven by an aging society negatively affects the sustainability of pension systems. This book analyzes different global public pension systems to offer policies, methods and tools for sustainable public pensions. Real case studies from France, Sweden, Latin America, Algeria, USA and Mexico are featured.

?Marta Peris-Ortiz is Full Professor at Universitat Politècnica de València (Spain). Her current research is focused on the topics of entrepreneurship, innovation, sustainability, corporate social responsibility and education innovation. She has co-edited and authored many scholarly books and articles in various international journals. She is also on the editorial boards of several international journals.
José Álvarez García is a Lecturer and Researcher in the Department of Financial Economics and Accounting at the Faculty of Business, Finance and Tourism, University of Extremadura (Spain). Dr. Álvarez García's teaching and research is centered on Tourism Business.
Inmaculada Domínguez Fabián has a degree in Economics and Business Administration, a Master's Degree in Business Administration and Management and a PhD in Economics from the University of Extremadura (Spain). She is currently General Secretary of the University of Extremadura.
Pierre Devolder is Professor of Quantitative Finance and Actuarial Sciences. His main research interests are pension funding, the application of stochastic processes to finance and insurance, fair valuation and solvency of insurance liabilities.