Person:
Sacchi, Stefano

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Fields of Specialization
Comparative political economy, Comparative social and labor policy
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ORCID
0000-0002-1318-0253
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Last updated: January 31, 2023
Biography
Stefano Sacchi is an Associate Professor of Political Science at LUISS University in Rome (on leave from the University of Milan) and since 2016 the President of the Italian National Institute for Public Policy Analysis, INAPP, in Rome. In the Renzi government (2014-2016) he was a special adviser to the Italian Labor Minister and then to the Prime Minister's office. In that capacity he designed and drafted several social policy reforms, including the new unemployment benefit system and the rnirtimum income scheme. He has authored or coauthored more than fifty academic publications in the field of comparative political economy and comparative social and labor policy. He was visiting scholar or lectured in several universities worldwide, including Cornell, Princeton, Toronto, NYU, University of Washington, University of Amsterdam, University of Southern Denmark, Tokyo University and Waseda.

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    Progress and Challenges of Nonfinancial Defined Contribution Pension Schemes: Volume 2. Addressing Gender, Administration, and Communication
    (Washington, DC: World Bank, 2020) Holzmann, Robert; Palmer, Edward; Sacchi, Stefano
    This is the third publication to analyze progress, challenges, and adjustment options of this . reform revolution for mandated public pension schemes. The individual account-based but unfunded approach that promises fair and financially sustainable benefits is a reform benchmark for all pension schemes. Nonfinancial defined contribution (NDC) schemes originated in the 1990s independently in Italy and Sweden, were then adopted by Latvia, Poland, and Norway, envisaged but not implemented in various other countries (such as Egypt and Russia), and remain under discussion in many countries across the world (such as China and France). In its complete form, the approach also comprises budget-financed basic income provisions and mandated or voluntary funded provisions. Volume 1 offers an assessment of early reform countries before addressing key aspects of policy implementation and design review, including: how to best combine basic income provisions with NDC; how to deal with heterogeneity in longevity; and how to adjust NDC design and labor market policies to deliver on reform expectations. Volume 2 addresses a second set of important issues, including: the gender pension gap and what family policies can do within the NDC frame; the administrative challenges of NDCs and how countries are coping; the role of communication in NDCs; and the complexity of cross-border pension taxation, and much more.
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    Publication
    Progress and Challenges of Nonfinancial Defined Contribution Pension Schemes: Volume 1. Addressing Marginalization, Polarization, and the Labor Market
    (Washington, DC: World Bank, 2020) Holzmann, Robert; Palmer, Edward; Sacchi, Stefano
    This is the third publication to analyze progress, challenges, and adjustment options of this reform revolution for mandated public pension schemes. The individual account-based but unfunded approach that promises fair and financially sustainable benefits is a reform benchmark for all pension schemes. Nonfinancial defined contribution (NDC) schemes originated in the 1990s independently in Italy and Sweden, were then adopted by Latvia, Poland, and Norway, envisaged but not implemented in various other countries (such as Egypt and Russia), and remain under discussion in many countries across the world (such as China and France). In its complete form, the approach also comprises budget-financed basic income provisions and mandated or voluntary funded provisions. Volume 1 offers an assessment of early reform countries before addressing key aspects of policy implementation and design review, including: how to best combine basic income provisions with NDC; how to deal with heterogeneity in longevity; and how to adjust NDC design and labor market policies to deliver on reform expectations. Volume 2 addresses a second set of important issues, including: the gender pension gap and what family policies can do within the NDC frame; the administrative challenges of NDCs and how countries are coping; the role of communication in NDCs; and the complexity of cross-border pension taxation, and much more.