Gugushvili, Alexi - Volkswirtschaftliche Fakultät, … - 2007
The paper examines formation and sustainability of Pay-As-You-Go pension systems within the consequences of the ageing … of population. Parametric reforms rather than institutional transformation of Pay-As-You-Go systems into funded pension … adjustment for maintaining the Pay-As-You-Go schemes achieves its objectives only if it is focused on all elements of the Pay-As-You-Go …