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OverviewPension 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. Full Product DetailsAuthor: Randong YuanPublisher: Taylor & Francis Ltd Imprint: Routledge Weight: 0.240kg ISBN: 9781032022826ISBN 10: 1032022825 Pages: 128 Publication Date: 31 May 2023 Audience: College/higher education , Tertiary & Higher Education Format: Paperback Publisher's Status: Active Availability: In Print  This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us. Table of ContentsReviewsAuthor InformationRandong 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 Tab Content 6Author Website:Countries AvailableAll regions |
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