PENSION REFORMS IN COUNTRIES WITH DEVELOPED AND TRANSITIONAL ECONOMIES

Research output

1 Citation (Scopus)

Abstract

The subject is as follows: pension reforms conducted by some states define the transformation of pension systems. The choice of countries is stipulated by the fact that each of them has different types of pension systems and preconditions for reforms. The objective is to develop an approach that allows comparing and evaluating changes in disparate systems. The hypothesis is that the ongoing pension reforms, regardless of initial conditions and their type lead to a similar trajectory of pension systems development in all countries. The methodology rests on the comparative analysis that was carried out on the basis of single algorithm that allows us to determine significant modifiable parameters and the overall direction of reform. The novelty is that the authors research the ongoing pension reform from the view point of pension rights formation and distribution of risks. The results are a single trajectory of reforms implementation for the studied countries, which confirms the authors' hypothesis. The specific
Original languageEnglish
Pages (from-to)158-169
JournalЭКОНОМИКА РЕГИОНА
Issue number4
DOIs
Publication statusPublished - 2015

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