论文部分内容阅读
韩国国民年金基金不仅存在信托基金一种性质,它还可以为了韩国社会的社会—经济发展以“社会投资资本”的视角来看待。由于韩国的国民年金基金存在以下特点,第一,占韩国金融市场的规模巨大,第二,面向全体国民进行财政筹资的公共年金单位特性,第三,以部分积累方式进行财政运用,笔者认为基金不能只理解为“信托基金”一种性质。如果将国民年金基金仅仅理解为信托基金的话,容易过分执着于基金的收益率,随之会带来基金投资集中于韩国国内大型企业、增加国家负债等经济—社会副作用,最后会导致国民年金自身经济基盘的松动。以“社会投资资本”来理解国民年金基金的话,可以促进为了经济平衡发展的投资、新增长动力的投资、扩充社会间接资本的投资、兴建儿童哺育-老人疗养机构、公共住宅、国立—公立医院等,最后可以通过提高国民经济的生产性、促进广大中小型企业的发展来达到加强国民年金制度财政基盘的最终目标。
The national pension fund of South Korea not only exists as a kind of trust fund, but can also be viewed from the perspective of “social investment capital” for the social-economic development of Korean society. Because of the following characteristics of the national pension fund in South Korea, firstly, it accounts for a huge scale of the financial market in Korea; secondly, the characteristics of the public pension fund for the entire national financial fund-raising; thirdly, the fiscal application by partial accumulation means that the fund Can not just be understood as a “trust fund” of a nature. If the National Pension Fund is only understood as a trust fund, it is easy to over-attach to the fund’s yield, which will lead to the fund investment focused on large domestic enterprises in Korea, increasing national debt and other economic - social side effects, and ultimately will lead to national pension itself Loose economic base. To understand the National Pension Fund with “social investment capital ”, we can promote the investment for the balanced development of economy, the new growth-driven investment, the expansion of investment in indirect social capital and the construction of a child nurture-elderly convalescence institution, public housing, Public hospitals, etc. Finally, the ultimate goal of strengthening the financial base for the national pension system can be reached by enhancing the productivity of the national economy and promoting the development of a large number of small and medium-sized enterprises.