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The Road To Privatization And Capital Markets In The Context Of Pension Reform In Hungary

Author

Listed:
  • Glenn Jenkins

    (Queen's University, Kingston, On, Canada)

  • YVES GUERARD
  • ANTAL DEUTSCH

Abstract

In developed countries pension funds are an integral part of the private capital market. The portfolios of assets represent a large fraction of the total debt and equity of private sector enterprises. The development of a set of private pension plans in Hungary and funding now for the past service pension credits of their members, provides an ideal avenue for privatizing a large part of the state owned sector in Hungary.

Suggested Citation

  • Glenn Jenkins & YVES GUERARD & ANTAL DEUTSCH, 1990. "The Road To Privatization And Capital Markets In The Context Of Pension Reform In Hungary," Development Discussion Papers 1990-04, JDI Executive Programs.
    • Handle: RePEc:qed:dpaper:85
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    More about this item

    Keywords

    pension reform; privatization; Hungary;
    All these keywords.

    JEL classification:

    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions

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