Students who successfully complete this course will be able to:

• Understand the concept of social security and its historical development in different countries and regions, as well as the social, economic, and political factors that have shaped its emergence and evolution

• Examine the financing and administration of social security systems, including the role of the state, employers, and individuals in contributing to and managing social security funds

• Assess the challenges and opportunities for social security reform in the context of demographic, economic, and political changes, such as population aging, globalization, and fiscal pressures

• Analyze the specific issue of pension privatization and its implications for social security systems and individual welfare, examining the arguments for and against privatization and the experiences of countries that have implemented such reform