scholarly journals Models of the pension system: international experience and local practice

2020 ◽  
pp. 43-51
Author(s):  
O. Cheberyako ◽  
V. Bykova
Keyword(s):  
United States ◽  
Hong Kong ◽  
Great Britain ◽  
Social Insurance ◽  
Pension System ◽  
The United States ◽  
Asian Countries ◽  
Private Pensions ◽  
Foreign Countries ◽  
National Models

The article substantiates the nature of the national models of the pension system and its structure in accordance with the concept of the Organization for Economic Co-operation and Development (OECD). The basis of the national models of pension system are two well-known models of social security: Bismarck and Beveridge Social Insurance Systems. Thus, authors prepared the comparison of this models. The features of pension system in the countries of Europe (Germany, Great Britain, Sweden, Poland), the United States and Chile are analysed. The analysis of the national models of the pension system in Asian countries identifies three institutional patterns: the statist pension system (Taiwan and China), the dualist pension system (Japan and Korea) and individualist pension system (Hong Kong and Singapore). Based on trends of development of pension provision in foreign countries, authors determine the main tasks and ways to improve the domestic system, namely, introduction mandatory funded pension system and reforming the voluntary private pensions insurance.

Financialisation and the Pension System: Lessons from the United States and the Netherlands

2017 ◽  
Vol 15 (4) ◽  
pp. 554-584 ◽  
Author(s):  
Natascha van der Zwan
Keyword(s):  
United States ◽  
The Netherlands ◽  
Pension System ◽  
The United States ◽  
Pension Funds ◽  
The State ◽  
Investment Strategies ◽  
Private Pensions ◽  
Labour Unions ◽  
Pension Systems

Financialisation and the Pension System: Lessons from the United States and the Netherlands The articles explores the financialisation of private pensions in the United States and the Netherlands. It proposes two distinct arguments. First, the article shows that both the American and the Dutch pension systems stand out internationally for their high degrees of capitalisation and the absence of substantive investment restrictions for pension funds. The article posits that both pension systems are highly financialised, yet the process of financialisation has proceeded along different historical paths and within different institutional contexts. Secondly, the article maintains that the financialisation of pension systems is accompanied by its own political dynamics. In both political economies, different groups of actors (employers, labour unions, financial professionals) have made claims over the growing concentration of pension assets. Here, particular emphasis is given to the role of the state. It shows how since the mid-1970s, both American and Dutch pension funds have altered their investment strategies, abandoning public debt as the dominant investment category. The article explains this change in terms of the rising popularity of modern portfolio theory and the immense growth of pension capital in need of new investment options. As austerity politics have made governments more dependent on financial markets, pension funds have become more assertive in leveraging their assets and demanding political reform which are in the interest of the financial industries. Financialisation has thus fundamentally altered the balance of power between the state and financial market actors.

POVERTY IS NOT A VICE, BUT HOW TO OVERCOME IT IN RUSSIA?

2021 ◽  
pp. 21-34
Author(s):  
Oksana M. Makhalina ◽  
◽  
Viktor N. Makhalin ◽  
Keyword(s):  
United States ◽  
Great Britain ◽  
Large Scale ◽  
Developed Countries ◽  
The United States ◽  
Income Support ◽  
Material Support ◽  
Foreign Countries ◽  
The World ◽  
Families With Children

An issue of the population poverty is one of the most urgent to- day, both in Russia and around the world. The article considers the statistics of poverty in foreign countries as well as in Russia. In that rating, Russia ranks the 64th. The number of citizens falling under the category of poor in 2020 in- creased to 19.9 million people, which in relative terms is 13.5% of the country’s population. The causes of poverty are revealed, the sequence, forms and methods of overcoming poverty in Russia are formulated on the basis of foreign experi- ence in combating poverty. The decline in the income of the Russian popula- tion according to Rosstat in the 2nd quarter of 2020 in annual terms was 8%. GDP declined by 8%, while Canada’s GDP – 13.5%, Germany – 11.7%, and the United States – 9.5%. It is because since the beginning of the pandemic, many developed countries have implemented large-scale material support for the population. The article analyzes a variety of specific ways and methods of combating poverty in the United States, Great Britain, Spain, India, Finland and other countries. Also it presents results of the experiment with application of the method of using unconditional income, support of the population of the Neth- erlands, Canada, Mongolia, Iran, Kenya, and Germany. The article presents the experience of supporting the population in Russia, where that activity was focused on supporting the families with children. The results prove that such a support option cannot be called large-scale and effec- tive, since, as summing, the real incomes of citizens, unlike in other countries, oddly enough, decreased. Poverty and unemployment continue to grow in the context of the current pandemic. Therefore the conclusion contains proposals on how to overcome the poverty and unemployment in our country.

scholarly journals Exchanges of foreign countries

2020 ◽  
Vol 19 (2) ◽  
pp. 90-99
Author(s):  
Eduard Barinov
Keyword(s):  
United States ◽  
Great Britain ◽  
Financial Market ◽  
The United States ◽  
Exchange Market ◽  
The Past ◽  
Foreign Countries

The article deals with exchanges of a number of foreign countries. The changes that have taken place in this segment of the financial market over the past decades are noted. Data on exchanges in the United States, Great Britain, Canada, Germany, Japan, China and other countries are provided. The mechanism of placement of securities on the exchange market is described.

scholarly journals VIOLENT PENITENTIARY CRIME AND ITS PREVENTION IN FOREIGN COUNTRIES

2020 ◽  
Vol 2020 (1) ◽  
pp. 7-13
Author(s):  
Zvenyhorodskyi O. M. ◽  
Keyword(s):  
United States ◽  
Great Britain ◽  
The Netherlands ◽  
Violent Crime ◽  
Latin American ◽  
The United States ◽  
Federal Republic Of Germany ◽  
Foreign Countries ◽  
Technical Innovations ◽  
Latin American Countries

The article analyzes the manifestations of violent crime in places of imprisonment in some foreign countries (USA, Great Britain, the Federal Republic of Germany, the Netherlands, Latin American countries). The violent penitentiary crime is a concentrated expression of the qualitative and quantitative state of all crime in the state and a manifestation of systemic problems that do not allow the effective prevention of crime in places of imprisonment. The mass riots of group disobedience occur in prisons in the United States, a number of Latin American countries (whose prison systems are in crisis), most of which are accompanied by hostage-taking and destruction of property. Different approaches to the prevention and elimination of mass riots in penitentiary institutions are considered. The experience of countries such as the United States, Brazil, Venezuela, El Salvador, and the Philippines has shown that the cessation of mass riots at any cost causes the death of both convicts and prison personnel. It is found that in the United States and Latin America, more important problem is the violent suppression of riots. Another approach is demonstrated by the penitentiary systems of European countries, where the emphasis is on the prevention of mass riots and other manifestations of violent penitentiary crime with the help of technical innovations. In particular, the penitentiary institutions of Great Britain and the Federal Republic of Germany have taken an approach according to which the convict`s behavior is directly dependent on the conditions of serving the sentence. In the penitentiary institutions of the Netherlands, one of the ways to prevent violent crime is the use of various technical innovations (video surveillance system, audio control, no bars, installation of armored windows, the possibility for convicts to use the Internet, etc.). It is the one of the directions of combating crime of convicts in places of imprisonment is the study of the positive experience of foreign countries in the field of prevention of violent crime, its critical analysis with the aim of introducing the penitentiary system. Key words: penitentiary system, violent crime, penitentiary crime, mass riots in penitentiary institutions, prevention of violent penitentiary crime.

Special Interests or Citizens' Rights? “Senior Power,” Social Security, and Medicare

1997 ◽  
Vol 27 (4) ◽  
pp. 727-751 ◽  
Author(s):  
Debra Street
Keyword(s):  
United States ◽  
Social Security ◽  
Social Insurance ◽  
Oldest Old ◽  
The Elderly ◽  
The United States ◽  
Critical Examination ◽  
Private Pensions ◽  
Political Actors ◽  
Mainstream Media

Conventional political analysts and mainstream media accounts attribute substantial political power to the elderly in the United States. This attribution of “senior power” is usually made in the context of the politics of Social Security and Medicare. This article contrasts the conventional construction of elderly political actors as a special interest with a more critical perspective that views Social Security and Medicare as citizens' rights. Critical examination of the welfare state's role in creating age as a potential political cleavage and the politics of Social Security and Medicare reveals that there is no undifferentiated politics of aging in the United States. Rather, age interacts with a variety of other statuses such as race/ethnicity, gender, and class to condition citizens' political mobilization. Welfare state policies—social insurance programs like Social Security and Medicare, means-tested programs like Medicaid and Supplemental Security Income, and targeted tax expenditures for private pensions and health insurance—differentially empower particular subgroups of elderly citizens and routinely disadvantage the most vulnerable elderly, including minority elders, women, and the oldest old.

Sex Differences in Mass Media Preferences Across Four Asian Countries

2011 ◽  
Vol 23 (4) ◽  
pp. 186-191 ◽  
Author(s):  
Malini Ratnasingam ◽  
Lee Ellis
Keyword(s):  
United States ◽  
Sex Differences ◽  
Mass Media ◽  
The United States ◽  
Female Students ◽  
The Internet ◽  
Evolutionary Explanation ◽  
Asian Countries ◽  
The World ◽  
Media Preferences

Background. Nearly all of the research on sex differences in mass media utilization has been based on samples from the United States and a few other Western countries. Aim. The present study examines sex differences in mass media utilization in four Asian countries (Japan, Malaysia, South Korea, and Singapore). Methods. College students self-reported the frequency with which they accessed the following five mass media outlets: television dramas, televised news and documentaries, music, newspapers and magazines, and the Internet. Results. Two significant sex differences were found when participants from the four countries were considered as a whole: Women watched television dramas more than did men; and in Japan, female students listened to music more than did their male counterparts. Limitations. A wider array of mass media outlets could have been explored. Conclusions. Findings were largely consistent with results from studies conducted elsewhere in the world, particularly regarding sex differences in television drama viewing. A neurohormonal evolutionary explanation is offered for the basic findings.

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