Home  Journals  Finance and Credit  47(527) - 2012 December

Funded pension system, built in modern speculative stock market, as instrument of destabilization of the economy (on example of the Russian Federation)

Available online: 21 December 2012

Subject Heading: Pension system

JEL Classification: 

In the article a number of data on instability and character of institutes of accumulative the pension system of the Russian Federation destabilizing national economy and their operations is given in the modern speculative stock market. The interrelation of deficiency of the state budget and growth of an internal debt of the Russian Federation with transfers from the state budget of the country is shown to the scarce budget of Pension Fund of the Russian Federation. The private economic effects of the possible modernization of the pension system are given.

Keywords: funded pension system, mandatory pension insurance, non-state pension insurance, institute, factor, stock market, financial speculations, Russian Pension Fund deficit, Russian state budget deficit, internal debt of Russia, instability of funded pension system, destabilization of the economy, economic effect

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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