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Pension Systems in East and Southeast Asia: Promoting Fairness and Sustainability

dc.contributor.editorDonghyun Park
dc.date.accessioned2015-01-24T13:07:31Z
dc.date.available2015-01-24T13:07:31Z
dc.date.issued2012-08-01
dc.identifier.urihttp://hdl.handle.net/11540/99
dc.description.abstractFaced with a rapidly aging population, developing Asia must address two critical challenges: maintaining growth and providing adequate, affordable, sustainable income support for the elderly. This book deals with the second issue by examining the pension systems of eight developing Asian countries - the People's Republic of China, Indonesia, the Republic of Korea, Malaysia, the Philippines, Singapore, Thailand, and Viet Nam. Despite their diverse income and development levels, the common concerns in the pension systems of these eight countries are inequity and potential unsustainability. The country-specific analyses in this book suggest that much remains to be done to achieve fairness and sustainability in the current pension systems. In addition to country-specific measures, common, regionwide reforms are suggested. First, the urgency for addressing the challenges aging populations face must be recognized. Second, delivering pension benefits must be emphasized. Third, the impact of rising longevity on the length of retirement must be managed. The book's authors hope that by raising awareness on these critical issues and the required reforms, this book may serve as an effective reference for strengthening pension systems across developing Asia.
dc.languageEnglish
dc.publisherAsian Development Bank
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.titlePension Systems in East and Southeast Asia: Promoting Fairness and Sustainability
dc.typeBooks
dc.subject.expertPublic Financial Management
dc.subject.expertFinancial System
dc.subject.expertFinancial Statistics
dc.subject.adbPension Funds
dc.subject.adbMutual Funds
dc.subject.adbSocial Equity
dc.subject.adbFinancial Aspects
dc.subject.adbFiscal Policy
dc.subject.naturalPension plans
dc.subject.naturalIndividual retirement accounts
dc.subject.naturalEmployee pension trusts
dc.subject.naturalInvestment management
dc.subject.naturalInvestments
dc.contributor.imprintAsian Development Bank
oar.themeFinance
oar.adminregionSouth Asia Region
oar.adminregionSoutheast Asia Region
oar.countryIndonesia
oar.countryMalaysia
oar.countryPhilippines
oar.countrySingapore
oar.countryThailand
oar.countryViet Nam
dc.identifier.printisbn978-92-9092-760-0
dc.identifier.pdfisbn978-92-9092-761-7
oar.identifierOAR-000091
oar.authorPark, Donghyun
oar.importtrue
oar.googlescholar.linkpresenttrue


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  • ADB Books
    Books published by the Asian Development Bank (ADB) are based on research that is complete in itself, stretches frontiers, and brings together useful development knowledge. They may include analytical ADB products that are scholarly references or literary publications on a specific subject.

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