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    The Economic Life Cycle and Support Systems in Asia

    Lee, Sang-Hyop; Mason, Andrew; Park, Donghyun | October 2011
    Abstract
    This paper finds that family transfers remain a significant source of old-age income support in many Asian economies. Since public transfers are still relatively underdeveloped, the region has an opportunity to build sound transfer systems free from unsustainable obligations. A healthy degree of reliance on asset accumulation can also support living standards via capital deepening.
    Citation
    Lee, Sang-Hyop; Mason, Andrew; Park, Donghyun. 2011. The Economic Life Cycle and Support Systems in Asia. © Asian Development Bank. http://hdl.handle.net/11540/2001. License: CC BY 3.0 IGO.
    Keywords
    Development Economics
    Regional Economic Development
    Economic Impact
    Asian Development Bank
    Development
    Economies in transition
    Economic agreements
    Development indicators
    ADB
    Economic development
    Comparative economics
    Regional economics
    Economic development projects
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    Citable URI
    http://hdl.handle.net/11540/2001
    Metadata
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    Author
    Lee, Sang-Hyop
    Mason, Andrew
    Park, Donghyun
    Theme
    Economics
    Development
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise