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| Author: | Li, Shaoguang |
| Title: | The governmental control of old-age funds (original in Chinese) |
| Journal: | Modern Economic Science (c)
1998 : 4, p.12-17 |
| Index terms: | PENSION FUNDS FINANCIAL CONTROL FINANCIAL MANAGEMENT CHINA |
| Language: | chn |
| Abstract: | The governmental control is inevatible for the old-age funds market can not work properly. In a transferring economy, the government should exert its influence over old-age funds on the principle of counter-control, with a self-strict attitude of careful consideration. The governmental control on the fund capital is always the direct control over the old-age fund investment or the capital make-up. And the administration of the fund debts is normally developed on the basis of safety and convenience of the old-age fund. As fas as the framework of the government control is said, in the light of the experienced research, we can learn that the centralized control executed by the simple body is more effective. |
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