Population aging and pension systems
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Population aging and pension systems reform options for China by F. Desmond McCarthy

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Published by World Bank in Washington D.C .
Written in English


Book details:

Edition Notes

StatementF. Desmond McCarthy, Kangbin Zheng.
SeriesPolicy research working paper -- 1607
ContributionsZheng, Kangbin.
The Physical Object
Pagination47p. :
Number of Pages47
ID Numbers
Open LibraryOL20832384M

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Population aging and pension systems. Washington, DC: World Bank, Office of the Senior Vice President, Development Economics, [] (OCoLC) Material Type: Government publication, International government publication, Internet resource: Document Type: Book, Internet Resource: All Authors / Contributors. 2 - Population aging and financial and social sustainability challenges of pension systems in Europe: from Part I - The multi-pillar pension scheme Email your librarian or administrator to recommend adding this book to your organisation's collection. Get this from a library! Population aging and pension systems. [F Desmond McCarthy; Kangbin Zheng; World Bank. Office of the Vice President, Development Economics.]. Among their conclusions: The scope and speed of population-aging in China make the present pension system financially unsustainable, even assuming that GDP grows steadily in the long term. Moving the retirement age back would provide a temporary fix for the current pay-as-you-go pension system but would be politically viable only where there is.

Population ageing is among the most important developments of our time. This book explores the profound challenges faced by an aging world. Leading experts from diverse disciplines describe the fundamental impact demographic aging has on pension systems, on the concepts of retirement and old age, and on the balance of generational justice. because our population is ageing less fast and because we have a pension system that is largely funded. There is also a perception that Britain has already taken action to deal with the problem. Measures such as indexation of the state pension to prices rather than wages, cutting back on SERPS, encouraging funded personal pensions, and. The economic impact of population ageing and pension reforms. over time, reflecting a decline in net migration relative to the total population, as well as the ageing of current migrants. Chart 1. Age cohorts in the euro area (as a percentage of the total population) Sources: . Population aging and pension systems: reform options for China (English) Abstract. Using an integrated simulation model, the authors estimate the scope and speed of population-aging in China, the cost of supporting the old, and the impact of different reform options and pension by:

Aging populations, pension funds, and financial markets: regional perspectives and global chal- lenges for central, eastern, and southern Europe / Robert Holzmann, editor. p. Size: 1MB.   Given the declining fertility rate, China's aging process is irreversible and increases pressure in areas like pensions and health systems. China has taken measures to deal with the aging population, including building and improving medical and health systems for the elderly, promoting flexible retirement, encouraging family care combined with. Pensions and bonds: the problem explained Bond mathematics and the scale of pension deficits Get alerts on Pensions crisis when a new story is published Get alerts.   population aging than models previously used in the literature. Section 2 of the paper presents our theoretical framework, which is based on the .