Social security reforms and their implications for the Caribbean
As in many other countries, the viability and sustainability of social security systems in the Caribbean is of concern to policy makers. Although systems in the region remain relatively young, liquid and healthy at this time, timely reform is necessary to prevent a crisis in the future. Reform is required to grapple with population ageing, a fairly large informal (non-contributing); sector in some countries, high open unemployment and the impact of Human Immunodeficiency Virus/Acquired Immune Deficiency Syndrome (HIV/AIDS);. Caribbean social security systems (pension branch); are defined benef…