Category

Number of Access this item:2,103（2024-04-18 18:06 Counts）

Identifier to cite or link to this item: https://hdl.handle.net/10086/14317

Link to primary information 

File Format Size Views Description
cover_14317 pdf
pie_dp255 pdf 247 KB 2,709

Item Information

Output File

Title
Private Pension Funds in Hungary: Politics, Institutions, and Performance
Creator
Creator Name
Iwasaki, Ichiro Iwasaki, Ichiro
岩﨑, 一郎 岩﨑, 一郎
イワサキ, イチロウ イワサキ, イチロウ
Affiliation
Affiliation Name
Hitotsubashi University
Creator Name
Sato, Kazuko Sato, Kazuko
佐藤, 嘉寿子 佐藤, 嘉寿子
サトウ, カズコ サトウ, カズコ
Affiliation
Affiliation Name
Japan Association for Trade with Russia & Central-Eastern Europe
Editor
Contributor Name
世代間問題研究プロジェクト（世代間利害調整） = Setting Options for Fair Distribution of Well-being among Different Generations, Project on Intergenerational Equity
JEL
H55
P21
P26
Abstract
The new pension system launched in Hungary in 1998 is epoch-making for having introduced a mandatory private pension scheme (MPPS). However, the political decision-making on pension reform and the scheme operations have been greatly influenced by conflicts of interests among ministries, political conflicts between parties, and the presence of special interest groups, including trade unions and financial institutions. This situation may have had a certain negative influence on the legal framework of the MPPS and on the management performance of private pension funds. In order for the MPPS to be sustainable in the future and to make insurance beneficiary profits a top priority, the corporate governance reform of pension funds and reinforcement of the monitoring system over them, and political neutralization of the public pension system are necessary.
Publisher
Institute of Economic Research, Hitotsubashi University
Issued Date
2005-03
Language
English(eng)
Resource Type
technical report
Version Type
VoR
Is Part OfRelation -
Related Title
Discussion Paper ; No. 255
NCID
AA11851730
Number of Pages
27
Sponsorship
科学研究費補助金（特定領域研究） = Grant-in-Aid for Scientific Research on Priority Areas
Edition
3rd Draft
Appears in Collections
Discussion paper / Setting Options for Fair Distribution of Well-being among Different Generations, PIE
URL
https://hdl.handle.net/10086/14317