Working Papers in full text
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
All
Other research-related activities and publications of the IMF can be found at IMF Research
|
Free Email Notification
Receive emails when we post new
items of interest to you.
Subscribe or
Modify your profile
|
|
|
|
Pension Reform in China: The Need for a New Approach
|
Author/Editor: |
Dunaway, Steven Vincent | Arora, Vivek B. |
| Authorized for Distribution: |
May 1, 2007 |
|
Electronic Access: |
Free Full Text (PDF file size is 219KB)
Use the free Adobe Acrobat Reader to view this PDF file.
|
|
|
|
Disclaimer: This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate.
|
|
Summary: The rapid aging of China's population over the next few decades makes it important for a new pension system with broad and adequate coverage to be put in place quickly. Pension reforms, first initiated in 1997, have become bogged down in difficulties over dealing with the "legacy costs" associated with the relatively more generous benefits provided under the old system. This paper argues that a way forward is to separate the legacy problem from the problem of setting up a new pension system, and it suggests concrete proposals for setting up such a new system which would cover both urban and rural workers.
|
|
|
|
Series: |
Working Paper No. 07/109 |
|
Subject(s): |
Pension funds | China |
|
Author's keyword(s): |
Public pensions
| China
|
|
|
|
|
| |
Published: |
|
May 1, 2007 |
|
|
|
|
| |
ISBN/ISSN: |
|
1934-7073 |
|
Format: |
|
Paper |
| |
Stock No: |
|
WPIEA2007109 |
|
Pages: |
|
15 |
| |
Price: |
|
US$18.00 (Academic Rate: US$18.00)
|
|
|
|
|
|
|
