China’s Pension System: Creating Sustainable and Equitable Social Security (Routledge Focus on Public Governance in Asia)

By: Jun Peng and Qiushi Wang

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Synopsis: Since 1978, when China started remaking its economy, it has also embarked on an unparalleled effort at remaking its pension system to accommodate its hybrid economic model. This book tells the story of how China has managed to build a national pension system that now covers most of its population and what this system holds for its future.This book covers the following topics: evolution of Chinese pension system to its current form; benefit design, financing, and governance of current pension system; challenges facing the pension system, especially the looming funding shortage due to accelerating population ageing; solutions to the challenges; and lessons learned from the Chinese experience. Due to the fragmentation of pension system among 31 mainland provinces, we also select three provinces as case studies to help readers gain a richer understanding of how economic and geographic diversity has created disparity in pension benefit design and financing between provinces and within a province and how such disparity adds complexity and challenges to the pension system.This timely and important study provides up-to-date and in-depth analyses for policymakers and stakeholders to make informed decisions and will be relevant for all scholars and students of public administration and public policy studies.

Book Quality:: Publisher Quality
ISBN-13:: 9781040026922
Related ISBNs:: 9781003091974, 9780367550981, 9781040026908
Publisher:: Taylor & Francis
Date of Addition:: 03/25/24
Copyrighted By:: Jun Peng and Qiushi Wang. The right of Jun Peng and Qiushi Wang to be identified as authors of this work has been asserted in accordance with sections
Adult content:: No
Language:: English
Has Image Descriptions:: No
Categories:: Nonfiction, Business and Finance, Politics and Government
Submitted By:: Bookshare Staff
Usage Restrictions:: This is a copyrighted book.