Old-age pensions in Russia and the Republic of Belarus: comparative analysis and export opportunities for pensions
https://doi.org/10.46845/2073-3364-2023-0-4-6-17
Abstract
Close economic connection between the Russian Federation (RF) and the Republic of Belarus (RB) raise the issue of international regulation of old-age pensions and harmonization of pension relationships. For the effective implementation of old-age pensions in the space of two countries, a single legal framework, similar economic opportunities and similar institutional characteristics of old-age pensions are necessary.
The purpose of the article is to explore the institutional features of old-age pensions in Belarus and Russia and to identify opportunities for the export of old-age pensions.
Guided by the statistical method and comparative analysis, the author identified the institutional features of old-age pensions in the analyzed countries; the law basis for the international regulation of old-age pensions has been determined; difficulties and contradictions in the implementation of national old-age pension systems were discovered.
The factual basis for the study was official statistical data provided by government departments of Belarus and Russia, as well as the Eurasian Economic Union.
Developing in similar economic and demographic conditions, the pension systems of the Russian Federation and the Republic of Belarus acquired similar institutional characteristics. The weak development of pension accumulation makes national pension systems vulnerable to demographic challenges. The existing law regulation of pension relations allows for the export of old-age pensions.
About the Author
V. V. Moseiko
INOTEKU, Kaliningrad State Technical University
Russian Federation
Russian Federation
Victoria V. Moseiko - candidate of econ. sciences, associate professor
Kaliningrad
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Review
For citations:
Moseiko V.V. Old-age pensions in Russia and the Republic of Belarus: comparative analysis and export opportunities for pensions. Baltic Economic Journal. 2023;(4(44)):6-17. (In Russ.) https://doi.org/10.46845/2073-3364-2023-0-4-6-17
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