Work detail

Czech Pension Funds in an International Context – Prospects and Challenges

Author: Mgr. Michal Ježek
Year: 2004 - summer
Leaders: doc. Ing. Ondřej Schneider MPhil., Ph.D.
Consultants:
Work type: Finance and Banking
Masters
Language: English
Pages: 113
Awards and prizes: M.A. with distinction from the Dean of the Faculty of Social Sciences for an excellent state-final examination performance
Link:
Abstract: he object of the thesis is to describe the Czech system of pension funds and put it in an international context. A particular attention is devoted to the issue of low investment performance of Czech pension funds in the past decade. It is argued throughout the thesis that the voluntary pension scheme as currently structured is unlikely to ease the pension problem in the country, and that this can only be accomplished through a systemic pension reform. A number of weaknesses in the regulatory framework are identified and suggestions for improvement are given. The contribution of the thesis is the simulation of the dynamics of assets accumulation in pension funds if a systemic pension reform is adopted in the country, which to the author’s knowledge has not been published so far.
Downloadable: Michal Ježek

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