Social security reform : options for China / edited by Jason Z. Yin, Shuanglin Lin, David F. Gates.

Format:

Book

Contributor:

Gates, David F.

Lin, Shuanglin.

Yin, Jason Z.

Language:

English

Subjects (All):

Social security--China.

Social security.

Old age pensions--China.

Old age pensions.

Physical Description:

1 online resource (488 p.)

Place of Publication:

Singapore ; River Edge, N.J. : World Scientific, c2000.

Language Note:

English

Summary:

This is the first-ever book to provide a comprehensive analysis of Chinese social security reforms with a variety of views. It addresses issues such as what kind of social security system China should establish, how this system should be managed and financed, and how the transition from the old system to the new system can best be accomplished. The authors of the papers in this book include internationally renowned Chinese and Western social security experts (such as Martin Feldstein and Henry Aaron), Chinese policy makers, and scholars who have worked on Chinese social security for years.

Contents:

Contents; PREFACE; INTRODUCTION; Part I: The Choice of Old-age Security System; Part II: Social Security Funds Management and Transitional Issues; Part III: Health Care Reforms, Rural Social Security, and Social Welfare; Part IV: Social Security Reforms in the World: Lessons for China; Acknowledgments; PART 1 THE CHOICE OF OLD-AGE SECURITY SYSTEM; CHAPTER 1 SOCIAL SECURITY PENSION REFORM IN CHINA; 1. Principles of Social Security Pension Design; 2. Potential Chinese (Gain from an Investment Based System); 3. The Current Social Security Pension System in China

4. Alternative Options for the Chinese Defined Benefit Plan5. The Transition Path; 6. Concluding Comment; References; CHAPTER 2 CHINESE SOCIAL INSURANCE REFORM: PERSONAL SECURITY AND ECONOMIC GROWTH; 1. A Taxonomy of Social Insurance; 2. The Social Insurance Cost Identity; 2.1 Applicability of the Identity; 2.2 The Demographic Ratio; 2.3 The Adequacy Ratio; 2.4 The Growth Ratio; 3. Risk and Returns; 3.1 System Risk; 3.2 Risks External to the System; 3.3 Summary on System and External Risk; 3.4 Personal Risk; 4. Funded versus Unfunded Plans; 4.1 Returns to the Nation; 4.2 Returns to Workers

5. Applications to Chinese Pension Reform5.1 Personal Security; 5.2 Economic Growth; 5.3 Build-in Flexibility; 6. Conclusion; CHAPTER 3 ESTABLISH A SOCIAL SECURITY SYSTEM WITH CHINESE FEATURES; 1. The History of Social Security; 2. The Role of the Social Security System in China; 3. Establishing a New Social Security System with Chinese Features; 3.1 Starting from Reality; 3.2 The Level of Social Insurance; 3.3 Social Security Contributions and Benefits; 3.4 Efficiency and Fairness; 4. The Objective and the Principle of Social Security Reform

5. The Basic Structure of China's Social Security System5.1 Social Security Programs Financed by the Government; 5.2 Social Insurance Items Financed by Government, Employers and Individuals; 6. Unemployment Insurance Reform; 7. The Reform of Workers Medical Insurance; CHAPTER 4 THE RATIONAL CHOICE OF SOCIAL SECURITY SYSTEM IN CHINA; 1. Introduction; 2. Factors that Affect the Choice of Chinese Social Security System; 3. The Rational Choice of the Chinese Social Security System in Present Stage; 4. Progresses and Problems in Establishing the New Social Security System; 5. Concluding Remarks

ReferencesCHAPTER 5 THE EFFECT OF AN EXPANSION OF THE PAY-AS-YOU-GO SOCIAL SECURITY SYSTEM IN CHINA; 1. Introduction; 2. The Stage of Chinese Economic Development and Current Social Security System; 3. The Model; 4. Pay-as-You-Go Social Security and Capital Accumulation; 4.1 Short-Run Effect; 4.2 Long-Run Effect; 5. The Impact of the Pay-as-You-Go System on Industrial Workers and Farmers; 5.1 Gains by Industrial Workers; 5.2 Losses by Farmers; 6. The Impact of the Decline in Total Population Growth; 7. Concluding Remarks; References

CHAPTER 6 THE EFFICIENCY AND DISTRIBUTION EFFECTS OF CHINAS PENSION REFORM

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

ISBN:

9789812812605

9812812601