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Institutional regulation of pension transfers: international experience and challenges for Ukraine

Journal: Economics Bulletin of The National Mining University (Vol.45, No. 45)

Publication Date:

Authors : ;

Page : 9-16

Keywords : institutionalism; PAYG pension system; pension insurance system; funded pension system; institutional constraints of social transfers;

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The directions of reforming institutional regulation of pension transfers in the developed world and in Ukraine are analyzed. The importance of the transition to a funded pension system as being adequate to market conditions is rationalized on the basis of the institutional approach. Institutional factors hindering its introduction in Ukraine are analyzed.

Last modified: 2015-02-09 08:25:47