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Development Opportunities for Non-State Pension Funds in the Republic of Moldova in the Context of Digital Economy

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  • Ninel Botezatu

Abstract

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.

Suggested Citation

  • Ninel Botezatu, 2017. "Development Opportunities for Non-State Pension Funds in the Republic of Moldova in the Context of Digital Economy," Fostering Knowledge Triange in Moldova: 2017 Conference Proceedings,, Academy of Economic Studies of Moldova, Centre for Studies in European Integration.
    • Handle: RePEc:tkp:fktm17:63-69
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    Cited by:

    1. Sarker, Indranil & Datta, Bidisha, 2022. "Re-designing the pension business processes for achieving technology-driven reforms through blockchain adoption: A proposed architecture," Technological Forecasting and Social Change, Elsevier, vol. 174(C).

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