PENSION REFORM IN CHINA: CHALLENGES AND OPPORTUNITIES

被引:59
作者
Cai, Yong [1 ]
Cheng, Yuan [2 ]
机构
[1] Univ N Carolina, Chapel Hill, NC 27515 USA
[2] Fudan Univ, Shanghai, Peoples R China
关键词
Ageing; China; Literature survey; Pension reform; FIRM-LEVEL DATA; SOCIAL-SECURITY; FUTURE;
D O I
10.1111/joes.12082
中图分类号
F [经济];
学科分类号
02 ;
摘要
China's current segmented pension system features regional imbalance, fiscal inefficiency, social inequality and economic unsustainability. It is a result of three-decade evolution guided by vague long-term objectives, constrained by economic and political circumstances and swayed by interest-group infighting. Expecting rapid population ageing and economic transformation, China aims to establish a national pension system that provides 'wide coverage, basic security, multi-level options and sustainability' by 2020. The paper reviews the history of China's pension system, examines proposed reform options and discusses the challenges and opportunities faced by the reform.
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页码:636 / 651
页数:16
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