Demographic and economic preconditions for implementation of the capacity system of pension provision in Ukraine
Journal Title: Формування ринкових відносин в Україні. Збірник наукових праць - Year 2019, Vol 4, Issue 4
Abstract
Subject of research demographic and economic factors and their impact on determining the direction of effective pension reform. The purpose of writing an article to analyze the impact of demographic and economic factors on склаdetermining the direction of effective reform and implementation of the funded pension system in Ukraine. Methodology of the work – to achieve this goal a set of general scientific and special research methods is used: economic and statistical methods – when calculating the coefficient of loading of the pension system, the replacement rate; comparative analysis – when determining the ratio of individual demographic indicators of Ukraine and OECD countries, graphical and tabular interpretation – for tabular representation of digital data, grouping, graphic representation of the object being studied. The results of the work – the demographic situation in Ukraine is examined, which is considered from two perspectives: as an external trend, which is determined by many factors not related to the pension system itself (medical, cultural, moral and other reasons) and a tendency that has a direct impact on the development and functioning pension system. Particular attention is paid to the impact of factors on a sharp decline in the population: lower birth rates, increased mortality, unfavorable trends in health and life expectancy, significant outflow of population abroad compared to similar indicators of the OECD countries. The replacement rate, which is a generally accepted indicator of pension provision, is calculated. Conclusions – the degree of development of society depends on the level of social security of citizens, and the basic institutions of the pension system cannot be successfully upgraded without taking into account the various socio–economic and demographic factors. It is they who determine the peculiarities of the functioning of the pension system within a particular society at a certain historical stage of its development. Given the inevitable nature of the process of depopulation, the demographic aging of the nation, and a significant outflow of population abroad, Ukrainian society has a poor choice of options for the further development of the pension system. The only correct way is to introduce the II level of the pension system – the accumulative system of compulsory state pension insurance.
Authors and Affiliations
V. V. FEDYNA
Keywords
Related Articles
- EP ID EP593656
- DOI 10.5281/zenodo.3245173
- Views 124
- Downloads 0
Prospects for protection of labor potential in the context of euro integration
The article is devoted to the study of theoretical and methodological, organizational, economic and applied problems of labor potential preservation in the labor market of Ukraine in the context of its European integrati...
Market relations in housing sphere of Ukraine
Theoretical research of the economic essence of housing sphere in Ukraine is adduced in the article the constituents of the said sphere being also defined.
A role of investing is in development of agrarian enterprises of the Lviv area
The role of investing is certain in development of agrarian enterprises of the Lviv area and the state is analysed them investment activity. Classification of investments is investigational in agrarian enterprises. The n...
Theory and practice of the bank’s financial security management
The article is devoted to theoretical issues of the bank's financial security. Considered scientific approaches to the study of financial security issues as the banking system as a whole, as well as a separate institutio...
The genesis of the formation of the categories of «investment» and «investment activity»
The questions of the nature category of «investment» and «investment activity». Analysis of expert opinions and legal framework. The necessity to clarify the nature of the formation of these categories.