Author: Yanni ChenPublisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Pension Reform and Capital Market Development in China
Author: Yanni ChenChina's Pension Reforms
Author: Ke MengPublisher: Routledge
ISBN: 135106164X
Category : Business & Economics
Languages : en
Pages : 263
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.
Pension Reform and Capital Market Development
Author: Dimitri VittasPublisher: World Bank Publications
ISBN:
Category : Capital market
Languages : en
Pages : 30
Book Description
Private pension funds are neither necessary nor sufficient for capital market development. But if they are subject to conducive regulations, adopt optimizing policies, and operate in a pluralistic structure, they can have a large impact on capital market modernization and development once they reach a critical mass.
China's Pension System
Author: Mark C. DorfmanPublisher: World Bank Publications
ISBN: 0821395416
Category : Political Science
Languages : en
Pages : 264
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.
Pension Reform, Investment Restrictions and Capital Markets
Author: Mr.Jorge RoldosPublisher: International Monetary Fund
ISBN: 145197373X
Category : Business & Economics
Languages : en
Pages : 32
Book Description
Pension reform in several emerging market countries has been associated with rapid growth in assets under management and a positive impact on the development of local securities markets. However, limitations on such development may lead to asset price distortions, bubbles, and concentration of risks. Regulatory limits on pension fund investments are assessed in light of these risks and developments in modern portfolio theory. A gradual but decisive loosening of restrictions on equity and foreign investments is recommended. Changes in these regulations ought to be coordinated with measures designed to foster the development of local securities markets as well as with macroeconomic policies.
China Pension System Reform
Author: World Bank. Resident Mission in ChinaPublisher:
ISBN:
Category : Defined benefit pension plans
Languages : en
Pages : 204
Book Description
Chinese Economists on Economic Reform - Collected Works of Li Jiange
Author: Jiange LiPublisher: Taylor & Francis
ISBN: 1317206983
Category : Business & Economics
Languages : en
Pages : 237
Book Description
This book is part of a series which makes available to English-speaking audiences the work of the individual Chinese economists who were the architects of China’s economic reform. The series provides an inside view of China’s economic reform, revealing the thinking of the reformers themselves, unlike many other books on China’s economic reform which are written by outside observers. Li Jiange (1949-) is one of the most notable and powerful economists holding office in China at present. He is currently the Vice-Chairman of the Central Huijin Investment Company, one of the most influential financial institutions in China. He is also a member of the National Committee of the Chinese People’s Political Consultative Conference, and a Professor at the Chinese Academy of Social Sciences and other academic institutions. He has held many important positions in the state Research Office and the Department of Policies, Laws, and Regulations, and has been Director of the China Securities Regulatory Commission. His work has included major contributions to debates about maintaining financial stability, about achieving equitable income distribution, and about China’s overall economic development. The book is published in association with China Development Research Foundation, one of the leading economic and social think tanks in China, where many of the theoretical foundations and policy details of economic reform were formulated.
Pension Reform and Capital Market Development ÞFeasibility and ÞImpact Preconditions
Author: Dimitri VittasThe Heart of Economic Reform
Author: Donald Daochi TongPublisher: Routledge
ISBN: 1351738380
Category : Business & Economics
Languages : en
Pages : 218
Book Description
This title was first published in 2002.Banking reform lies at the heart of economic reform in China and is central to sustaining the countries high economic growth. This timely book covers an important economic policy issue in China, namely the existing and potential roles of the financial sector in the development of the Chinese economy. It explores for the first time the relationship between the reforms of the financial sector, of state-owned enterprises (SOEs) and of the social welfare system. Donald D. Tong presents a wealth of valuable data accompanied by original insights and interpretations. The author also examines the original estimates of the cost of the social welfare burden given that social services such as old age pension, housing, healthcare and education are provided by the SOEs rather than by the private or public sector directly.
Public Pension Reforms in China
Author: Xinxin MaPublisher: Springer Nature
ISBN: 981199997X
Category : Political Science
Languages : en
Pages : 332
Book Description
This book focuses on the public pension reform in China from both institutional and empirical studies perspectives. It introduces the process of the public pension reform in China and investigates its effects on households and firms’ behaviors and individuals’ well-being. It provides the reader with rich academic evidence for understanding the transformation of public pension and its effect on the household consumption, participating in risky financial market, and firms’ decision making on wage and employment, as well as individuals’ well-being. The main content of this book comprises three parts: (i) institutional transitions and issues on public pensions in China; (ii) the impact of public pensions on households or firms’ behaviors in China; and (iii) the impact of public pensions on well-being in China. This book provides rich academic evidence about these issues based on economic theories and econometric methods using many kinds of Chinese nationwide representative survey data. This book is highly recommended to readers who are interested in up-to-date and in-depth empirical studies on the issues of public pension reform, and its impact on individuals, households, and firms’ behaviors as well as well-being in China. This book is of interest to those who are interested in the Chinese economy, social security policymakers, and scholars with an econometric analysis background.