Pension Sustainability in China

Fragmented Administration and Population Aging

Randong Yuan

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Paperback

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English

Routledge
31 May 2023

Development studies; Social issues & processes; Economics; Pensions; Human geography; Personal finance; Retirement

Series: International Population Studies

Pension Sustainability in China: Fragmented Administration and Population Aging aims to investigate the impact of fragmentation and population ageing on pension sustainability in China. The book demonstrates how pension sustainability is compromised by various adverse effects produced by fragmentation, such as the moral hazard caused by the disarticulated intergovernmental fiscal responsibility. An overlapping generations (OLG) model is updated with the latest demographic data and is used to assess the impact of population ageing on pension sustainability. The book considers whether adjustment in retirement age can ensure long-term financial sustainability. It explores how, compared to the population ageing, the issues stemming from the fragmentation pose a more insidious threat to pension sustainability in China.

By: Randong Yuan
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 234mm, Width: 156mm,
Weight: 240g
ISBN: 9781032022826
ISBN 10: 1032022825
Series: International Population Studies
Pages: 128
Publication Date: 31 May 2023
Audience: College/higher education , Primary
Format: Paperback
Publisher's Status: Active

Randong Yuan is a research fellow at the Advanced Institute of Global and Contemporary China Studies, the Chinese University of Hong Kong, Shenzhen. He is also a fellow at the Institute for International Affairs, Qianhai