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IMPACT OF ECONOMIC AND NON-ECONOMIC FACTORS ON THE SUSTAINABILITY OF THE PENSION SYSTEM IN CROATIA

Ekonomski vjesnik/Econviews

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Title IMPACT OF ECONOMIC AND NON-ECONOMIC FACTORS ON THE SUSTAINABILITY OF THE PENSION SYSTEM IN CROATIA
 
Creator Matić, Branko
Vretenar Cobović, Maja
 
Description The pension system is very important in the context of the social security of every individual or the society in which it is located. Maintaining the stability of this system is one of the fundamental problems, both for Croatia and for other EU member states. The aim of this paper is to analyse the efficiency and sustainability of the existing pension system in the Republic of Croatia and the identification of key parameters which determine its further development. The authors’ comparative analysis of the Croatian pension system with the pension systems of individual EU Member States investigates the compliance of the Croatian pension insurance with the European social model, and the impact of economic factors on the sustainability of this system. Through the survey, authors explored the impact of non-economic factors on the pension system, and received relevant information about the attitudes of stakeholders (users) of the current pension system, their awareness and confidence in the system, the willingness to participate in certain forms of pension insurance (in particular those that are voluntary) and expectations of the insured on the return on investment, and the threshold of satisfaction on investments in pension funds.Keywords: Pension system, sustainability, the European social model, economic factors, non-economic factors
 
Publisher Faculty of Economics in Osijek
 
Contributor
 
Date 2017-06-29
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://hrcak.srce.hr/ojs/index.php/ekonomski-vjesnik/article/view/4699
 
Source Ekonomski vjesnik/Econviews - Review of Contemporary Business, Entrepreneurship and Economic Issues; Vol 30, No 1 (2017)
Ekonomski vjesnik/Econviews - Review of Contemporary Business, Entrepreneurship and Economic Issues; Vol 30, No 1 (2017)
1847-2206
0353-359X
 
Language eng
 
Relation http://hrcak.srce.hr/ojs/index.php/ekonomski-vjesnik/article/view/4699/2933
http://hrcak.srce.hr/ojs/index.php/ekonomski-vjesnik/article/downloadSuppFile/4699/3121
 
Rights Copyright (c) 2017 Ekonomski vjesnik/Econviews - Review of Contemporary Business, Entrepreneurship and Economic Issues