Development Opportunities for Non-State Pension Funds in the Republic of Moldova in the Context of Digital Economy
from Academy of Economic Studies of Moldova, Centre for Studies in European Integration
The investment potential of a non-state pension fund can be determined by two approaches: as an investment object, and as an investment subject. Although there are no functioning non-state pension funds in the Republic of Moldova, their investment potential from the two points of view is really low. Unfortunately, the poor degree of digitization of the country is one of the multiple reasons that impede the growth of the investment potential of local non-state pension funds, as well as of the overall development of the private pensions system. In the condition of digital economy, the ability to learn and adjust to fast changes in the economy is essential, while the lack of this ability is more likely to lead to a fundamental slowdown in the development of a given sector of the economy, or of the overall national economy. The goal of this paper is to delimit the development opportunities for non-state pension funds in the Republic of Moldova in the condition of digital economy, as well as to define the benefits that can be generated for the social and economic situation of the country, for the private pensions system, and the investment potential of the domestic non-state pension funds.
Keywords: pension system; digitization benefits; non-state pension funds; investment potential (search for similar items in EconPapers)
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