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- Title
A MAGÁNNYUGDÍJPÉNZTÁRI RENDSZER „ELSZÁMOLÁSA”.
- Authors
CSABA, LÁSZLÓ
- Abstract
The study looks at the conditions in which the Hungarian compulsory private pension system was terminated, in terms of rules of statistical accounting methodology, and shows a correspondence less considered at the time. In recent decades, enforcement of fiscal rules has become a major tool for sustaining long-term stability of fiscal policy. Introducing the fiscal rules implied with some kind of sanction system, making it of strong importance to measure the aimed indicator. This created a risk of actual indicators of the fiscal rules even causing distorted incentives in budgetary policy. A clear example were the inconsistencies among EU institutions concerned in their treatment of fiscal settlement in private pension systems. So far such settlement regulations have almost precluded introducing any private pension system in EU member-states without allowing for possible serious analysis. This also contributed strongly to terminating Hungary's mandatory private pension system. The study examines the main correspondences in the process.
- Publication
Economic Review / Kozgazdasagi Szemle, 2018, Vol 65, p861
- ISSN
0023-4346
- Publication type
Article
- DOI
10.18414/KSZ .2018.9.861