How to link privatization and the development of pension funds – a proposal

Autor:	Aleksander Grad, Jakub Karnowski, Andrzej Rzońca
Jazyk:	English<br />Polish
Rok vydání:	2022
Předmět:	economic growth pension system pension funds privatization state-owned enterprises corporate governance Economics as a science HB71-74 Finance HG1-9999
Zdroj:	Ekonomista, Iss 4, Pp 484-508 (2022)
Druh dokumentu:	article
ISSN:	0013-3205 2299-6184
DOI:	10.52335/ekon/156781
Popis:	This article shows how the development of pension funds in Poland can be linked to privatization. It also proposes a mechanism, modeled on solutions adopted in Scandinavia, to strengthen corporate governance in state owned enterprises. It argues that such a link would make it easier to overcome the political obstacles to privatization that stem from its negative public perception. First, the link would result in a sustainable diffusion of business ownership and would effectively separate politics from business management. Second, it would increase pension savings without straining public finances. The literature review indicates that both effects would be conducive to Poland's long-term economic growth.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/d92cc43d51204ee79efa0d535f3c0843 Zobrazit plný text záznamu View record in DOAJ