THE COSTS OF DEMOGRAPHIC AND ECONOMIC CRISES - CHALLENGES TO PENSION SYSTEMS REFORM

Autor:	DANIEL NICOLAE MILITARU
Jazyk:	angličtina
Rok vydání:	2011
Předmět:	demographic crisis reforming the pension system pension costs anti-crisis policy private pension funds Economic theory. Demography HB1-3840 Economics as a science HB71-74
Zdroj:	Annals of the University of Petrosani: Economics, Vol XI, Iss 4, Pp 175-182 (2011)
Druh dokumentu:	article
ISSN:	1582-5949 2247-8620
Popis:	As the economic and financial crisis accelerates worldwide, covering the expenses driven by an aging population is a challenge both now and in the future for the pension systems. Thus it is necessary to adopt sustainable reforms to cushon the expected impact of these crises on the budget. In general, the strongest pressure occurs on pay-as-you-go (PAYG) pension systems. It is also essential that the reforms on pension systems should be accompanied by anti-crisis policies concerning the financial sector, the labour market and public finances.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/85b50e1a4f99499aace22e96841dbb45 Zobrazit plný text záznamu View record in DOAJ Plný text ve formátu PDF