Considerations on the Reform of Pension Systems in Romania and Hungary

Daniel Nicolae Militaru
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Daniel Nicolae Militaru: Unviersity of Craiova

Finante - provocarile viitorului (Finance - Challenges of the Future), 2011, vol. 1, issue 13, 232-236

Abstract: Due to the decrease in economic growth, financial stability and employment, the need to reform the public pension systems has increased. In Central and Eastern Europe the pension reform was necessary due to the manifestation of such phenomena as: aging, increasingly low ability to collect duties and taxes, and the migration of the population. This study is a comparative analysis of the pension systems in Romania and Hungary and of the most notable reforms made over time in the two countries in the pensions field.

Keywords: pension systems; reform; aging (search for similar items in EconPapers)
JEL-codes: G20 G23 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:aio:fpvfcf:v:1:y:2011:i:13:p:232-236

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