Financial Security of Elders in China
AbstractChina is one of the largest countries in the world in terms of both geography and population size, with lower economic levels compared to the developed countries, and great regional differences. This paper introduces the rapid demographic changes of the Chinese population and the current financial security of elders in China. The World Bank’s multi-pillar model is used to explain the financial security of elders in China, which includes the current pension and health care systems in urban and rural areas in China respectively. The important issues of financial security of elders which the Chinese government should address in the near future are also discussed. The paper concludes with a consideration of the results of social welfare system reforms by the Chinese government and future research interests from a geographer’s perspective.
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Bibliographic InfoPaper provided by McMaster University in its series Social and Economic Dimensions of an Aging Population Research Papers with number 241.
Length: 28 pages
Date of creation: Jan 2009
Date of revision:
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More information through EDIRC
Financial security; elders; social welfare system; China;
Find related papers by JEL classification:
- I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
This paper has been announced in the following NEP Reports:
- NEP-AGE-2009-02-14 (Economics of Ageing)
- NEP-ALL-2009-02-14 (All new papers)
- NEP-CNA-2009-02-14 (China)
- NEP-TRA-2009-02-14 (Transition Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Tamagno, Edward, 2005. "The Canadian Pension System," Discussion Paper 278, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
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