PROBLEMS OF PENSION SYSTEM REFORMS IN THE COUNTRIES WITH TRANSITION ECONOMY

Journal: Herald of Kyiv National University of Trade and Economics (Vol.83, No. 3)

Publication Date: 2012-06-11

Authors : BAGHDASARYAN Areg;

Page : 55-62

Keywords : financial system stability; pension system reform; minimum subsistence level; transition economy; capital market;

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Abstract

Solving problems that arise in countries with transition economy when reforming the pension system by introducing multi-pillar system of pension provision is recommended. The presented article is devoted to the analysis of the risks of introduction of mandatory funded pension system and the main mechanisms of mitigation of risks as well as the social aspects of the reform.

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PROBLEMS OF PENSION SYSTEM REFORMS IN THE COUNTRIES WITH TRANSITION ECONOMY

Abstract

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