社会保障基金入市的经济效应与运行监管

ECONOMIC EFFECT OF SOCIAL GUARANTEE FUND ENTERING SECURITY MARKET AND ITS OPERATING SUPERVISION AND ADMINISTRATION

市场化运营是西方成熟市场经济国家社保基金运营改革的方向。我国社保基金总量不足且运营不规范 ,保值增值压力很大 ,社保基金的入市将带来正负两方面的经济效应 ,其负面效应的存在 ,对社保基金的监管提出了更高的要求。从社保基金入市的经济效应入手 ,在借鉴成熟市场经济国家社保基金的监管经验的基础上 ,对我国社保基金的监管提出了相应的政策建议。

The market operation of social guarantee fund is the direction of reform in western countries.The social guarantee fund of China has two problems, namely insufficient quantity and unitary invstment.This paper analyses the economic effect of social guarantee fund entering security market and raises some suggestions of policies.