| Motivation and Importance of ResearchChina is now in a social and economic transitional period of special significance. The old system has been completely broken down while the new system has been established gradually. However, the former social problems, such as poverty, social welfare "vacuum" , and so on. are still existing ; while the new ones arise and become obvious, such as unemployment, laid-off, social welfare issue in state-owned enterprises. Under such social background, it is impossible to maintain the stability of society and a sustainable economic development without a sound social security system. Also it is difficult to solve all the related social problems at present without an initiative reform towards the former social security system.In this reform, the investment operation of social security funds becomes the critical focus. Thus this thesis puts forward some opinions and suggestions towards the reform on investment operational system of social security funds. It aims at suggesting a reasonable and effective arrangement for social security funds so as to guarantee its virtuous circling as well as common interests.Basic Thought and Logical StructureThe establishment of the investment operation of social security funds should be carried out as the following: According to the principles of security, profitability, mobility and social efficiency, an efficiency-oriented system of social security funds investment operation is needed through the way of optimizing the investment operational patterns, investment tools, and establishing a supervising system of investment risks.ChapterⅠ introduces some general theories on social security, as well as a theoretical and practical analysis towards the aims of investmentoperation of social security funds.ChapterⅡ compares and analyzes the difference among three representative countries in terms of investment operational patterns, investment tools and risk supervision.Chapter Ⅲ gives an account of the present situation of China' s management and investment operation system of social security, thus giving an analysis towards the existing problems.Chapter Ⅳ deals with the general idea and principles in optimizing the investment and operational system of social security funds and puts forward some suggestions of reforming the investment operational patterns, investment tools and risk supervision.Main Content and ViewsThis thesis is mainly divided into the following four parts.(1). Introducing some general theories in social security funds and analyze its aim in investment and operation.The general theories on social security funds mainly deal with its resources, basic function, classification and the fund-raising mode of pension funds.It analyzes the aim of investment operation system of social security funds: value preservation and appreciation. This analysis includes: Firstly, the value preservation and appreciation should be regarded as the theoretical and practical principles in the investment operation of social security funds; Secondly, a sound system of investment operation system should be set up in order to achieve the goal of value preservation and appreciation; Thirdly, it analyzes the feasibility to achieve this goal, which can be achieved through reasonable investment and operation based on some investment theories and some related analytical tools in the west.(2). Comparing the difference of investment operational patterns among countries.First, through comparison, it is concluded that a relatively government - rented pattern in investment and operation management should be carried out.Second, with the investment tools, and the maturity of capital market, China should gradually expand the investment combination and loose the investment limitations. In the investment of social security funds, attention should be paid to economic results and also social results.Finally, as for the risk supervision in investment operation of social security funds, China should carry out strict... |
PDF Full Text Request