论养老保险个人账户基金投资管理体制的构建  

On the Construction of Investment Management System of Individual Account Fund of Endowment Insurance

作　　者：江玉荣[1] 刘良宏[1] 

机构地区：[1]合肥学院思想政治教学部,合肥230601

出　　处：《合肥学院学报（社会科学版）》2014年第5期103-108,共6页Journal of Hefei University:Social Sciences

基　　金：2012教育部规划基金项目"社会保险基金投资运营法律规制研究"(12YJA820097);2012年安徽省哲学社会科学规划项目"地方融资平台风险防控的法律机制"(AHSK11-12D45);安徽大学研究生学术创新研究项目阶段性成果

摘　　要：投资管理体制不确定是制约我国基本个人账户基金市场化投资运营的主要因素。从世界范围来看,个人账户基金有非政府机构的分散管理和政府集中管理两种投资管理体制。由于我国个人账户基金"空账"规模巨大、我国金融市场不发达、民众投资能力和意识等诸多因素决定着集中管理体制是当前我国比较务实的选择。在集中管理体制之下,新设一个由国务院直接领导的投资管理主体,能超越部门之间、地方与中央利益之争,不易受到干扰而偏离原定目标。The fundamental constraint of Chinese individual account fund market- oriented reform is that the pension funds investment management system has not really established. On a world scale, that the investment management system especially the investment management model, investment main body are not established is the main restriction factor. There are two models about individual account fund investment management： non-governmental decentralized management and centralized management of government. Because the ＂empty account＂ scale is huge, the underdevelopment of the financial market and other factors determine the relative centralized management model in China as a more pragmatic choice. In this case, a new investment management main body under the leadership of the State Council can exceed the interests of central and local government, target. which is not susceptible to interference from the

关 键 词：基本养老保险 个人账户基金 投资管理体制 

分 类 号：C931[经济管理—管理学]