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has been cited by the following article:

• TITLE: Financing Problems as a Pretext for a Change in the Spanish Social Security System Model: The Role of Financial Institutions and Their Media

  AUTHORS: Arántzazu Vicente-Palacio

  KEYWORDS: Social Risks, Social Security, Mass Media, Capitalisation, Financial Power, Investment Funds, Pay-as-You-Go, Old-Age Pension, Pension Paradigm Change, Intergenerational Solidarity, Increased Life Expectancy, Birth Rates, Unemployment

  JOURNAL NAME: Beijing Law Review, Vol.11 No.1, March 6, 2020

  ABSTRACT: This study summarizes the traditional characteristics of the Spanish Social Security System (generally taken from the European model), the different legal reforms that have come into force in recent years and the degree of penetration of important financial groups in the mass media which increased with the last financial crisis as well as the role developed by the insurance and financial entities benefiting from the change of model. The conclusion is that we are at the beginning of an interesting change in the Social Security model, aimed at the capitalization of social contributions by the private sector, which will obtain significant economic benefits in the management of old-age risk.