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China's Pension Reform: A Precondition Approach

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  • Yu-Wei Hu

Abstract

China has a relatively young population, but is about to undergo a remarkable demographic transformation. Given the un-sustainability of the old system, the Chinese authorities have initiated a number of pension reforms since the early 1990s. In this paper, based on latest precondition framework, we analyse and conclude that the initial economic and financial conditions within the reform started in China are sufficient to facilitate funding based pension reform.

Suggested Citation

  • Yu-Wei Hu, 2006. "China's Pension Reform: A Precondition Approach," Global Economic Review, Taylor & Francis Journals, vol. 35(4), pages 413-424.
  • Handle: RePEc:taf:glecrv:v:35:y:2006:i:4:p:413-424
    DOI: 10.1080/12265080601053843
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