Book(electronic)#12010
Asian economic and political issues
In: Asian economic and political issues v. 14
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Article(electronic)#2February 1, 2008
Pension reform in the Czech republic: a switch to mixed system with regard for limits of fiscal policy
In: Politická ekonomie: teorie, modelování, aplikace, Volume 56, Issue 1, p. 80-101
ISSN: 2336-8225
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Article(print)#32008
DISKUSE
In: Politická ekonomie: teorie, modelování, aplikace, Volume 56, Issue 1, p. 80-101
ISSN: 0032-3233
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Article(print)#42008
Penzijni reforma v CR: konverze ke kombinovanemu systemu s ohledem na limity fiskalni politiky
In: Politická ekonomie: teorie, modelování, aplikace, Volume 56, Issue 1, p. 80-101
ISSN: 0032-3233
The Czech Republic is going to face ageing of its population. It will affect the economy in many ways. The pension system is one of them. This paper provides a view on possibilities how to insure long-term stability of the pension system in the Czech Republic using a mix of pay-as-you-go & fully funded system. Simulations are based on OLG model, long-term demographic forecast & limits of fiscal policy stemming from the necessity to fulfill Maastricht criteria & The Stability & Growth Pact. Those obligations creates a frontier for plausible solutions. Results suggest that it is possible to find a solution for mixed system providing more favorable conditions than purely parametric changes of PAYG. Taking into account fiscal limits, the contribution rate to the FF pillar would be similar to the rates in other CEE countries where pension reform already started. Tables, Figures. Adapted from the source document.
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Open Access#62019
Innovation-based regional change in Europe: Chances, risks and policy implications
This edited volume focusses on innovation-based regional change at the European level. The contributions deal with change in different European types of regions, innovation opportunities outside agglomerations, regional case studies from England, the Czech Republic and Portugal as well as with the additionality effects of an Italian regional funding programme. This thematic spectrum describes and explains various facets of regional change in Europe.
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