Is the Romanian financial market prepared to support pension system reform?

Laura Raisa Milos ()
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Laura Raisa Milos: University “Eftimie Murgu” of Resita

Anale. Seria Stiinte Economice. Timisoara, 2012, vol. XVIII, 295-299

Abstract: The paper outlines the challenges that a multi-pillar functional pension system may bring, considering the current state of development of the Romanian financial system, considering the macroeconomic stability, the current financial infrastructure and the existence of a regulatory and supervisory framework. After realizing an overview over the Romanian pension market, issues like the capacity of the domestic financial market of generating long-term returns and adequate financial instruments are also addressed from an analytical point of view.

Keywords: pension; system; financial market; reform (search for similar items in EconPapers)
JEL-codes: G02 G12 H55 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:tdt:annals:v:xviii:y:2012:p:295-299

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