Miricescu, Emilian-Constantin - In: Budgetary Research Review (BRR) 4 (2012) 1, pp. 65-72
Most European Union countries are facing with major problems regarding their public pension systems. Romania has large … difficulties in its public pension system, of which we consider the most important is the large number of beneficiaries and the … small number of contributors, that determine a huge social insurance budget deficit. The development of private pensions …