China's Pension Reforms

China's Pension Reforms PDF Author: Ke Meng
Publisher: Routledge
ISBN: 135106164X
Category : Business & Economics
Languages : en
Pages : 263

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Book Description
Existing literature has looked at many factors which have shaped Chinese pension reforms. As China’s pension reform proceeds in an expanding and localising fashion, this book argues that there is a pressing need to examine it in the context of China’s political institutions and economic transformations. The book takes a unique approach by looking at political institutions of the Chinese state and the changing conditions of the Chinese economy, which rarely receive proper treatment in the current analysis of China’s pension reforms.

China's Pension Reforms

China's Pension Reforms PDF Author: Ke Meng
Publisher: Routledge
ISBN: 135106164X
Category : Business & Economics
Languages : en
Pages : 263

Get Book Here

Book Description
Existing literature has looked at many factors which have shaped Chinese pension reforms. As China’s pension reform proceeds in an expanding and localising fashion, this book argues that there is a pressing need to examine it in the context of China’s political institutions and economic transformations. The book takes a unique approach by looking at political institutions of the Chinese state and the changing conditions of the Chinese economy, which rarely receive proper treatment in the current analysis of China’s pension reforms.

China's Pension System

China's Pension System PDF Author: Mark C. Dorfman
Publisher: World Bank Publications
ISBN: 0821395416
Category : Political Science
Languages : en
Pages : 264

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

Socialist Insecurity

Socialist Insecurity PDF Author: Mark W. Frazier
Publisher:
ISBN: 9780801448225
Category : Business & Economics
Languages : en
Pages : 210

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Book Description
In Socialist Insecurity, Mark W. Frazier explores pension policy in the People's Republic of China, arguing that the government's push to expand pension and health insurance coverage to urban residents and rural migrants has not reduced inequality.

Assessing Chile's Pension System: Challenges and Reform Options

Assessing Chile's Pension System: Challenges and Reform Options PDF Author: Samuel Pienknagura
Publisher: International Monetary Fund
ISBN: 151359611X
Category : Business & Economics
Languages : en
Pages : 52

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Book Description
Chile’s pension system came under close scrutiny in recent years. This paper takes stock of the adequacy of the system and highlights its challenges. Chile’s defined contribution system was quite influential when introduced, and was taken as an example by other countries. However, it is now delivering low replacement rates relative to OECD peers, as its parameters did not adapt over time to changing demographics and global returns, while informality persists in the labor market. In the absence of reforms, the system’s inability to deliver adequate outcomes for a large share of participants will continue to magnify, as demographic trends and low global interest rates will continue to reduce replacement rates. In addition, recent legislation allowing for pension savings withdrawals to counter the effects from the COVID-19 pandemic, is projected to further reduce replacement rates and increase fiscal costs. A substantial improvement in replacement rates is feasible, via a reform that raises contribution rates and the retirement age, coupled with policies that increases workers’ contribution density.

Old Age Security

Old Age Security PDF Author: Ramgopal Agarwala
Publisher: World Bank Publications
ISBN: 9780821340776
Category : Business & Economics
Languages : en
Pages : 104

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Book Description
The seventh edition of this annual report reviews the long-term prospects for developing countries in light of changes in the global environment and provides a detailed discussion of selected aspects of the global integration process in those countries. The first chapter evaluates prospects for the major elements of the external environment affecting developing countries and the medium-to-long-term outlook for developing countries themselves. The report forecasts that the external environment for developing countries remains broadly favorable. Among the main policy challenges faced by these countries is their ability to adapt to long-run shifts in market opportunities and heightened competitive pressures brought on by global trade liberalization--now increasingly focused on liberalization of trade in services--rising global production, and other forms of global integration. The chapter considers the implications for the world economy of rapid growth and integration in large developing countries such as China, India, and Brazil in the period to 2020. The second chapter looks at the move toward greater globalization of production, broadly defined as cross-border production by multinational enterprises and their networks of affiliates, subcontractors, and other partners. Within this context, the chapter addresses the significance of global production in world output in main groups of countries and economic sectors; factors driving the trend toward global production, including heightened competition, worldwide policy liberalization, and rapid technological progress; the benefits that developing countries can derive from global production, such as new technologies and improved efficiency practices; and the issues for policymakers seeking to enhance participation in global production and maximize its benefits for host countries.

Governance and Fund Management in the Chinese Pension System

Governance and Fund Management in the Chinese Pension System PDF Author: Yu-Wei Hu
Publisher: International Monetary Fund
ISBN: 145187393X
Category : Business & Economics
Languages : en
Pages : 52

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Book Description
The Chinese pension system is highly fragmented and decentralized, with governance standards, pension fund management practices, their regulation and supervision varying considerably both across the funded components of the Chinese pension system and across provinces. This paper describes the key components of the system, highlights the progress made to date and identifies remaining weaknesses, in regard to information disclosure, the governance framework and pension fund management standards.

Social Cohesion in Greater China

Social Cohesion in Greater China PDF Author: Ka-Ho Mok
Publisher: World Scientific
ISBN: 9814291935
Category : Business & Economics
Languages : en
Pages : 395

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Book Description
Introduction : the quest for a balanced economic growth and social development - ideas and practices promoting social cohesion in greater China / Ka Ho Mok, Ka Kuen Leung and Yeun Wen Ku -- pt. I. Concepts of social cohesion and policy response. ch. 1. Social cohesive efforts to meet youth development needs in Tin Shui Wai, Hong Kong / Sandra K. M. Tsang and Yiu Kong Chu. ch. 2. In search of harmonious society in China : a social policy response / Kinglun Ngok and Yapeng Zhu. ch. 3. Social cohesion in a divided society : lessons from Taiwan's welfare politics / Yeun Wen Ku. ch. 4. One country, two cities : a comparison of perceived cohesion in Guangzhou and Hong Kong / Simon T. M. Chan, Sammy W. S. Chiu and Marcus Y. L. Chiu -- pt. II. Social change and urban governance. ch. 5. Governing a global city in the context of political transition / Tai Lok Lui. ch. 6. Embracing the market : examining the consequences for education, housing, and health in Chinese cities / Ka Ho Mok ... [et al.]. ch. 7. Urban governance from below : a case study of Kaohsiung, Taiwan / Shiuh Shen Chien and Yeilong Wu -- pt. III. Economic well-being, urban poverty and pension reforms. ch. 8. Elderly poverty and old-age pension reform in Hong Kong : issues and prospects / Ernest Chiu and Lisanne Ko. ch. 9. Is welfare restructuring and economic development in post-1997 Hong Kong in search of a cohesive society? / Maggie Lau and Ka Ho Mok. ch. 10. Economic development and household economic well-being in urban China / Xiulan Zhang, Terry Lum and Yuebin Xu. ch. 11. The fragmentation of the old-age security system : the politics of pension reform in Taiwan / Shih Jiunn Shi.

The Challenge of Public Pension Reform in Advanced and Emerging Economies

The Challenge of Public Pension Reform in Advanced and Emerging Economies PDF Author: Mr.Benedict J. Clements
Publisher: International Monetary Fund
ISBN: 147556631X
Category : Business & Economics
Languages : en
Pages : 86

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Book Description
Pension reform is high on the policy agenda of many advanced and emerging market economies. In advanced economies the challenge is generally to contain future increases in public pension spending as the population ages. In emerging market economies, the challenges are often different. Where pension coverage is extensive, the issues are similar to those in advanced economies. Where pension coverage is low, the key challenge will be to expand coverage in a fiscally sustainable manner. This volume examines the outlook for public pension spending over the coming decades and the options for reform in 52 advanced and emerging market economies.

Fixing the Future

Fixing the Future PDF Author: Bruce Little
Publisher: University of Toronto Press
ISBN: 0802098746
Category : Political Science
Languages : en
Pages : 417

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Book Description
Bruce Little explains the CPP overhaul and shows why it stands as one of Canada's most significant public policy success stories, in part because it demanded an almost unparalleled degree of federal-provincial co-operation.

Pension Systems and Old-Age Income Support in East and Southeast Asia

Pension Systems and Old-Age Income Support in East and Southeast Asia PDF Author: Donghyun Park
Publisher: Routledge
ISBN: 1136579397
Category : Business & Economics
Languages : en
Pages : 283

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Book Description
Old age income support will be one of the biggest social and economic challenges facing Asia in the twenty-first century. The growing spotlight on old age income support is largely due to exceptionally rapid population aging which is fundamentally reshaping Asia’s demographic profile. A young continent reaping the demographic dividend of a large youthful workforce is giving way to a greying continent where the ratio of retirees to workers is on the rise. In contrast to industrialized countries, most Asian countries do not yet have mature, well-functioning pension systems. As a result, they are ill prepared to provide economic security for the large number of retirees who loom on the region’s horizon. This book takes a close look at the pension systems of eight countries in East and Southeast Asia – namely, China, Indonesia, Korea, Malaysia, Philippines, Singapore, Thailand and Vietnam – which encompass a wide range of income and development levels. The book provides a comprehensive overview of pension systems in the eight countries, including an in-depth diagnosis to identify their major weaknesses and shortcomings. On the basis of the diagnosis, the book sets forth concrete and specific policy options for reforming Asia’s pension systems. Many policy options for reform are country-specific. For example, a top priority in China is to extend the pension system to rural areas. At the same time, a number of reforms – such as the need to extend coverage – resonate across the entire region. Appropriate reform will enable the region’s pension systems to deliver affordable, adequate and sustainable old-age economic security.