Another angle of the Pension System Reform, How can the private pension system boost financial system development?:
Gespeichert in:
Bibliographische Detailangaben
1. Verfasser: Pintea, Dumitru (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Chişinău [Moldova, Republic of] EXPERT-GRUP Centrul Analitic Independent 2017
Schlagworte:
Online-Zugang:BSB01
Beschreibung:The financial data for 20161 year prove that financial intermediation is impaired by some structural deficiencies, although banks accumulate excess liquidity, these still remain relatively expensive, with low maturity and finally unattractive to the real economy. In these conditions, to recover and develop, the financial system needs modern mechanisms and tools, in particular long-term financial resources that could support long-term investment projects. Moreover, amid relatively short maturity of bank deposits, low interest of companies in capital market and limited access to foreign capital markets, private pension system is still the most viable solution for long-term development of financial resources. // Thus, we find that although the pension system reform has recently intensified, it does not provide any incentives for development of the private pension system, and this study seeks to bring back to the public attention the importance of the private pension system, the gaps hindering its development, and solutions to strengthen social equity and provide a decent life in the post-active period. Also, some long-term liquidity is needed, resources collected through private pensions could also be a starting point for development and modernization of the domestic financial market
Beschreibung:1 Online-Ressource (7 Seiten)

Es ist kein Print-Exemplar vorhanden.

Fernleihe Bestellen Achtung: Nicht im THWS-Bestand!