Pension Sustainability in China

Released on by Randong Yuan
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  • Pension Sustainability in China Book Detail

  • Author : Randong Yuan
  • Release Date : 2021-11-29
  • Publisher : Taylor & Francis
  • Genre : Science
  • Pages : 141
  • ISBN 13 : 1000483444
  • File Size : 56,56 MB
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Pension Sustainability in China by Randong Yuan PDF Summary

Book Description: Pension Sustainability in China: Fragmented Administration and Population Aging aims to investigate the impact of fragmentation and population ageing on pension sustainability in China. The book demonstrates how pension sustainability is compromised by various adverse effects produced by fragmentation, such as the moral hazard caused by the disarticulated intergovernmental fiscal responsibility. An overlapping generations (OLG) model is updated with the latest demographic data and is used to assess the impact of population ageing on pension sustainability. The book considers whether adjustment in retirement age can ensure long-term financial sustainability. It explores how, compared to the population ageing, the issues stemming from the fragmentation pose a more insidious threat to pension sustainability in China.

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Pension Sustainability in China

Pension Sustainability in China

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Pension Sustainability in China: Fragmented Administration and Population Aging aims to investigate the impact of fragmentation and population ageing on pension

Pension Sustainability in China

Pension Sustainability in China

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Historical background and overview of the current system -- Population ageing and pension sustainability in China -- Fragmented administration and pension susta

China's Pension System

China's Pension System

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Comprehensive reform of China’s pension and social security system is an essential element of achieving its objectives of a harmonious society and sustainable

China’s Pension System

China’s Pension System

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Since 1978, when China started remaking its economy, it has also embarked on an unparalleled effort at remaking its pension system to accommodate its hybrid eco