Pension Systems in East and Southeast Asia
Author: Donghyun Park
Publisher: Asian Development Bank
Published: 2012-08-01
Total Pages: 161
ISBN-13: 9290927615
DOWNLOAD EBOOKPopulation 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.