Author: Donghyun Park
Publisher: Asian Development Bank
ISBN: 9290927615
Category : Law
Languages : en
Pages : 161
Book Description
Population aging poses two major challenges for Asian policy makers: (i) sustaining rapid economic growth in the face of less favorable demographic conditions; and (ii) providing affordable, adequate, sustainable old-age income support for a large and growing elderly population. This book explores the second issue by examining the pension systems of eight countries in East and Southeast Asia: the People's Republic of China, Indonesia, the Republic of Korea, Malaysia, the Philippines, Singapore, Thailand, and Viet Nam. It also puts forward both country-specific and region-wide reforms to address two critical areas of pension reform, namely, fairness and sustainability.
Pension Systems in East and Southeast Asia
Author: Donghyun Park
Publisher: Asian Development Bank
ISBN: 9290927615
Category : Law
Languages : en
Pages : 161
Book Description
Population aging poses two major challenges for Asian policy makers: (i) sustaining rapid economic growth in the face of less favorable demographic conditions; and (ii) providing affordable, adequate, sustainable old-age income support for a large and growing elderly population. This book explores the second issue by examining the pension systems of eight countries in East and Southeast Asia: the People's Republic of China, Indonesia, the Republic of Korea, Malaysia, the Philippines, Singapore, Thailand, and Viet Nam. It also puts forward both country-specific and region-wide reforms to address two critical areas of pension reform, namely, fairness and sustainability.
Publisher: Asian Development Bank
ISBN: 9290927615
Category : Law
Languages : en
Pages : 161
Book Description
Population aging poses two major challenges for Asian policy makers: (i) sustaining rapid economic growth in the face of less favorable demographic conditions; and (ii) providing affordable, adequate, sustainable old-age income support for a large and growing elderly population. This book explores the second issue by examining the pension systems of eight countries in East and Southeast Asia: the People's Republic of China, Indonesia, the Republic of Korea, Malaysia, the Philippines, Singapore, Thailand, and Viet Nam. It also puts forward both country-specific and region-wide reforms to address two critical areas of pension reform, namely, fairness and sustainability.
Pension Systems and Old-Age Income Support in East and Southeast Asia
Author: Donghyun Park
Publisher: Routledge
ISBN: 1136579397
Category : Business & Economics
Languages : en
Pages : 283
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.
Publisher: Routledge
ISBN: 1136579397
Category : Business & Economics
Languages : en
Pages : 283
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.
Pension Systems in East Asia and the Pacific
Author: Robert Holzmann
Publisher:
ISBN:
Category : Pensions
Languages : en
Pages :
Book Description
Publisher:
ISBN:
Category : Pensions
Languages : en
Pages :
Book Description
The Evolution of Pension Systems in Eastern Europe and Central Asia
Author: David C. Lindeman
Publisher: World Bank Publications
ISBN: 9780821348079
Category : Business & Economics
Languages : en
Pages : 68
Book Description
Since the early 1990s the transition economy countries of Eastern Europe and Central Asia have had to adapt their pension systems in minor and often very major ways. Some of the changes relate to shrinking contribution bases and the inability of government's to finance prior commitments, while still having to protect the pensioned populations from poverty. Other changes, however, reflect the need to make pension systems more sustainable in light of forthcoming demographic changes. The reforms entail a move away from a single-pillar pay-as-you-go defined benefit systems toward multi-pillar systems that include a funded defined contribution component, and change that convert remaining pay-as-you-go components into ones that are more self sustaining and transparent. The paper describes ongoing developments, assesses the effects of current and forthcoming challenges in light of potential labor market changes, and examines choices for a new pensions system with respect to the organization, administration, guarantees, transition arrangements, participation requirements, role of the government, annuitization, and other factors. The paper concludes that though a 'one-size-fits-all' approach is clearly not appropriate, some practices emerging from the experiences in this region and elsewhere may offer useful guidance to others as they undertake deeper pension reforms.
Publisher: World Bank Publications
ISBN: 9780821348079
Category : Business & Economics
Languages : en
Pages : 68
Book Description
Since the early 1990s the transition economy countries of Eastern Europe and Central Asia have had to adapt their pension systems in minor and often very major ways. Some of the changes relate to shrinking contribution bases and the inability of government's to finance prior commitments, while still having to protect the pensioned populations from poverty. Other changes, however, reflect the need to make pension systems more sustainable in light of forthcoming demographic changes. The reforms entail a move away from a single-pillar pay-as-you-go defined benefit systems toward multi-pillar systems that include a funded defined contribution component, and change that convert remaining pay-as-you-go components into ones that are more self sustaining and transparent. The paper describes ongoing developments, assesses the effects of current and forthcoming challenges in light of potential labor market changes, and examines choices for a new pensions system with respect to the organization, administration, guarantees, transition arrangements, participation requirements, role of the government, annuitization, and other factors. The paper concludes that though a 'one-size-fits-all' approach is clearly not appropriate, some practices emerging from the experiences in this region and elsewhere may offer useful guidance to others as they undertake deeper pension reforms.
Pensions at a Glance Asia/Pacific
Author: OECD
Publisher: OECD Publishing
ISBN: 9264059776
Category :
Languages : en
Pages : 102
Book Description
The report analyses the retirement income systems of 18 Asian countries, including Australia, China, India, Indonesia, Pakistan, the Philippines and Vietnam. It says that reform is needed because: coverage of formal pension systems is relatively ...
Publisher: OECD Publishing
ISBN: 9264059776
Category :
Languages : en
Pages : 102
Book Description
The report analyses the retirement income systems of 18 Asian countries, including Australia, China, India, Indonesia, Pakistan, the Philippines and Vietnam. It says that reform is needed because: coverage of formal pension systems is relatively ...
Pension Reform and the Development of Pension Systems
Author: Emily S. Andrews
Publisher: World Bank Publications
ISBN: 0821365525
Category : Business & Economics
Languages : en
Pages : 198
Book Description
"Formal pension systems are an important means of reducing poverty among the aged. In recent years, however, pension reform has become a pressing matter, as demographic aging, poor administration, early retirement, and unaffordable benefits have strained pension balances and overall public finances. Pension systems have become a source of macroeconomic instability, a constraint to economic growth, and an ineffective and/or inequitable provider of retirement income."
Publisher: World Bank Publications
ISBN: 0821365525
Category : Business & Economics
Languages : en
Pages : 198
Book Description
"Formal pension systems are an important means of reducing poverty among the aged. In recent years, however, pension reform has become a pressing matter, as demographic aging, poor administration, early retirement, and unaffordable benefits have strained pension balances and overall public finances. Pension systems have become a source of macroeconomic instability, a constraint to economic growth, and an ineffective and/or inequitable provider of retirement income."
Pensions in Asia
Author: Noriyuki Takayama
Publisher: 丸善出版
ISBN:
Category : Business & Economics
Languages : en
Pages : 284
Book Description
Comprises ten contributions about public and occupational pension schemes in East and South East Asia. Covers the challenge of population ageing, the transition from lump-sum retirement benefits to their annuitisation. Includes a paper by W.R. McGillivray (ISSA) entitled: "Public pension schemes: labour market and compliance issues".
Publisher: 丸善出版
ISBN:
Category : Business & Economics
Languages : en
Pages : 284
Book Description
Comprises ten contributions about public and occupational pension schemes in East and South East Asia. Covers the challenge of population ageing, the transition from lump-sum retirement benefits to their annuitisation. Includes a paper by W.R. McGillivray (ISSA) entitled: "Public pension schemes: labour market and compliance issues".
Social Protection for Older Persons
Author: Sri Wening Handayani
Publisher: Asian Development Bank
ISBN: 9290927275
Category : Law
Languages : en
Pages : 267
Book Description
The rising number of older persons in Asia has accentuated the importance of strengthening the systems of social protection in the region. This book examines the effectiveness and relevance of noncontributory or social pensions in supporting older persons in Asia. It discusses the political economy and financial sustainability of social pension reform, implications for gender equity and social rights, and design and implementation challenges. Case studies from Bangladesh, Nepal, Thailand, Viet Nam, and South Caucasus and Central Asia provide key lessons for informing development policy and practice in Asia and the Pacific.
Publisher: Asian Development Bank
ISBN: 9290927275
Category : Law
Languages : en
Pages : 267
Book Description
The rising number of older persons in Asia has accentuated the importance of strengthening the systems of social protection in the region. This book examines the effectiveness and relevance of noncontributory or social pensions in supporting older persons in Asia. It discusses the political economy and financial sustainability of social pension reform, implications for gender equity and social rights, and design and implementation challenges. Case studies from Bangladesh, Nepal, Thailand, Viet Nam, and South Caucasus and Central Asia provide key lessons for informing development policy and practice in Asia and the Pacific.
Private Pensions Series Supervising Private Pensions: Institutions and Methods
Author: OECD
Publisher: OECD Publishing
ISBN: 9264016988
Category :
Languages : en
Pages : 336
Book Description
Supervising Private Pensions: Institutions and Methods offers detailed and comparable information on the supervisory agencies, institutional design and methods in over 40 countries in the OECD area, Latin America, Eastern Europe and South-east Asia.
Publisher: OECD Publishing
ISBN: 9264016988
Category :
Languages : en
Pages : 336
Book Description
Supervising Private Pensions: Institutions and Methods offers detailed and comparable information on the supervisory agencies, institutional design and methods in over 40 countries in the OECD area, Latin America, Eastern Europe and South-east Asia.
Pensions at a Glance Asia/Pacific 2018
Author: OECD
Publisher: OECD Publishing
ISBN: 9264308695
Category :
Languages : en
Pages : 82
Book Description
Many of Asia’s retirement-income systems are ill prepared for the rapid population ageing that will occur over the next two decades. The demographic transition – to fewer babies and longer lives – took a century in Europe and North America. In Asia, this transition will often occur in a single ...
Publisher: OECD Publishing
ISBN: 9264308695
Category :
Languages : en
Pages : 82
Book Description
Many of Asia’s retirement-income systems are ill prepared for the rapid population ageing that will occur over the next two decades. The demographic transition – to fewer babies and longer lives – took a century in Europe and North America. In Asia, this transition will often occur in a single ...