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National Models of Pension Deposition Capitalization of Russia and Kazakhstan: Convergence of Government Regulation

Author

Listed:
  • Karen A. Tumanyants

    (Volgograd State University, Russia)

  • Galina V. Timofeyeva

    (Volgograd State University, Russia)

Abstract

The article is dedicated to comparison analysis of Kazakh and Russian accumulative provision of pensions models’ main characteristics. Authors came to conclusion that government regulation of pension funds in Kazakhstan has higher quality than Russia’s one. The analysis helped to state main directions in both countries’ regulatory measures rapprochement in context of united financial market forming.

Suggested Citation

  • Karen A. Tumanyants & Galina V. Timofeyeva, 2014. "National Models of Pension Deposition Capitalization of Russia and Kazakhstan: Convergence of Government Regulation," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 2, pages 117-128, June.
    • Handle: RePEc:fru:finjrn:140213:p:117-128
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    More about this item

    Keywords

    government regulation; pension capital; pension fund; prudential supervision;
    All these keywords.

    JEL classification:

    • H83 - Public Economics - - Miscellaneous Issues - - - Public Administration
    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors

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