THE ROLE OF INVESTED CAPITAL OF LIFE INSURANCE COMPANIES IN ECONOMIC AND SOCIAL CHANGE IN THE REPUBLIC OF MACEDONIA

Aliu, Urim (2018) THE ROLE OF INVESTED CAPITAL OF LIFE INSURANCE COMPANIES IN ECONOMIC AND SOCIAL CHANGE IN THE REPUBLIC OF MACEDONIA. Economic Vision, International Scientific Journal in Economics, Finance, Business, Marketing, Management and Tourism, 5 (9-10). pp. 85-94. ISSN 2545-4544

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Abstract

The capital of life insurance companies invested in various development areas is a main factor in economic growth and improvement of the social status of citizens in the Republic of Macedonia. Life insurance in Western countries is important and specific in the role of institutional investors in financial markets due to the fact that through these types of insurance the absorption of long-term assets available for long-term plans. According to investments invested in the state, an interesting fact is that in the US right after commercial banks, life insurance companies are in the second place. In this paper will be considered the positive role of investment capital of life insurance companies in capital investments in the Republic of Macedonia, which will consider some very important and relevant economic factors such as gross domestic product (GDP), inflation, gross average wage bill, gross crude life insurance premiums (PDP), and the reduction of unemployment in the Republic of Macedonia during the years 2009 - 2016. To verify the treatment of the positive role of invested life insurance capital, we have conducted a correlation analysis and regression between invested capital and other parameters, which will reflect and confirm the economic development trend and improve the social situation in developing countries and enhancing the well-being of citizens in the Republic of Macedonia.

Item Type:	Article
Subjects:	H Social Sciences > HB Economic Theory
Divisions:	Faculty of Law, Arts and Social Sciences > School of Social Sciences
Depositing User:	Unnamed user with email zshi@unite.edu.mk
Date Deposited:	05 Jun 2019 08:28
Last Modified:	05 Jun 2019 08:28
URI:	http://eprints.unite.edu.mk/id/eprint/54

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