IDEAS home Printed from https://ideas.repec.org/p/bbv/wpaper/1205.html
   My bibliography  Save this paper

Potential outcomes of private pension developments in China (Chinese version)

Author

Listed:
  • Javier Alonso
  • Miguel Angel Caballero
  • Claudia Llanes Valenzuela
  • David Tuesta
  • Yuwei Hu
  • Yun Cao
  • Li Hui

Abstract

Despite the fact that China is already one of the most important economies in the world, the country has many big tasks to solve, being one of them the implementation of a comprehensive social agenda, including those related with the old-age stage and the consequently diminishing financial resources upon retirement from active work.. Taking into account the accelerated changes in fertility and longevity trends, it is widely forecasted that the absence of a well developed safety net for the old age stage could undermine economic and social sustainability of the Chinese society. In this sense, the main objective of this paper is to develop a preliminary discussion about prospects of pension system in China, taking into account the ineludible role of government in this social issue and the active potential participation of the private sector. Considering that, this piece of research provides a historical background of Chinese pension; discusses the existing pension schemes in China in order to understand the different areas of future developments; analyzes the potential market for contributory schemes; and strives to develop a model to forecast likely outcomes of the social insurance system by 2020.

Suggested Citation

  • Javier Alonso & Miguel Angel Caballero & Claudia Llanes Valenzuela & David Tuesta & Yuwei Hu & Yun Cao & Li Hui, 2012. "Potential outcomes of private pension developments in China (Chinese version)," Working Papers 1205, BBVA Bank, Economic Research Department.
  • Handle: RePEc:bbv:wpaper:1205
    as

    Download full text from publisher

    File URL: http://www.bbvaresearch.com/wp-content/uploads/migrados/WP_1205_tcm348-335293.pdf
    Download Restriction: no

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ángel de la Fuente, 2013. "Las finanzas autonómicas en boom y en crisis (2003-12)," Hacienda Pública Española, IEF, vol. 205(2), pages 127-150, June.

    More about this item

    Keywords

    pension funds; Other Private Financial Institutions; Social Security; public pensions;

    JEL classification:

    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bbv:wpaper:1205. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (OSCAR DE LAS PENAS SANCHEZ-CARO). General contact details of provider: http://edirc.repec.org/data/ebbvaes.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.