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Provident and Pension Funds and Economic Development in Selected Asian Countries

In: Financing Social Policy

Author

Listed:
  • Mukul G. Asher

Abstract

It is generally accepted that globalization has made social security arrangements essential for at least three reasons. First, for cushioning the burden of restructuring; secondly, for increasing the legitimacy of reforms; and thirdly, for enabling risk taking by individuals and firms by providing a floor-level income in case the rewards from risk taking do not materialize.

Suggested Citation

  • Mukul G. Asher, 2009. "Provident and Pension Funds and Economic Development in Selected Asian Countries," Social Policy in a Development Context, in: Katja Hujo & Shea McClanahan (ed.), Financing Social Policy, chapter 11, pages 264-289, Palgrave Macmillan.
  • Handle: RePEc:pal:sopchp:978-0-230-24433-7_11
    DOI: 10.1057/9780230244337_11
    as

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