Internal debt and its relationship with the finances of social security in Ecuador
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Abstract
The issue of Social Security is a phenomenon of a global nature, which has been evolving with the passage of time. The proper management of the Social Security System is of great help to a nation, since the State has the obligation to provide its citizens with a quality of life. Through Social Security, funds are collected, with which the administrative institution itself is financed, to offer health care, pay pensions to retirees, grant loans to members, among other services. On the other hand, the Internal Debt in a country arises as a result of a fiscal deficit, for which the State making use of its faculties, looks for mechanisms to solve the deficit, one of the options is the financing with its own entities, that for they usually handle strong financial resources. The IESS, one of the entities with the greatest resources in the country, forms part of this financing. The purpose of the present investigation is to analyze the trend of the Internal Debt, to determine its relationship with the Social Security Finances, through the information issued by competent agencies, which provide the official information of the figures. Through the results it is determined that the Social Security finances maintain a relationship with the Internal Debt, therefore, any variation in the debt will exert a change in the variables that were taken as object of study
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