OECD Social, Employment and Migration Working Papers
This series is designed to make available to a wider readership selected labour market, social policy and migration studies prepared for use within the OECD. Authorship is usually collective, but principal writers are named. The papers are generally available only in their original language - English or French - with a summary in the other.
- ISSN: 1815199X (online)
- https://doi.org/10.1787/1815199X
Pension Reform in China
Progress and Prospects
China is currently in the process of developing the largest pension system in the world, and it is
doing this at a time of unparalleled economic and demographic transition. The central government has
followed a step-by-step approach to develop a system that can accommodate a rapidly aging society within
a rapidly growing, but still largely underdeveloped economy. This paper analyses how far the process of
creating a national old age insurance system had proceeded by the end of 2006. It provides a detailed
description of this system and an assessment of to what degree it has so far achieved ?its primary goal of
social security for more people? (Chinese Government, September 2006)...
JEL:
J11: Labor and Demographic Economics / Demographic Economics / Demographic Trends, Macroeconomic Effects, and Forecasts;
H55: Public Economics / National Government Expenditures and Related Policies / Social Security and Public Pensions;
P36: Economic Systems / Socialist Institutions and Their Transitions / Socialist Institutions and Their Transitions: Consumer Economics; Health; Education and Training: Welfare, Income, Wealth, and Poverty
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