Download This PaperReducing Disparities and Enhancing Sustainability in Asian Pension Systems
Lee Kuan Yew School of Public Policy Research Paper No. 12-15
Asian Development Bank Economics Working Paper Series No. 313
25 Pages Posted: 5 Nov 2012 Last revised: 30 May 2014
There are 2 versions of this paper
Reducing Disparities and Enhancing Sustainability in Asian Pension Systems
Reducing Disparities and Enhancing Sustainability in Asian Pension Systems
Date Written: October 1, 2012
Abstract
Population aging is a global phenomenon but what sets Asia apart is the sheer scale and speed of its aging. Pension systems will have to play a bigger role but in most Asian countries pension systems are still underdeveloped, fragmented, and poorly financed. Asian countries need to embark on systematic pension reform now to meet the challenge of delivering affordable, adequate, and sustainable economic security to their fast-growing elderly population.
Keywords: aging population, pension reform, China, Indonesia, Korea, Malaysia, Singapore, Philippines, Thailand, Vietnam
JEL Classification: A10, A12, A13
Suggested Citation: Suggested Citation
Mukul G. Asher
National University of Singapore - Lee Kuan Yew School of Public Policy ( email )
Singapore 117591
Singapore
(65) 6778 1020 (Fax)
Donghyun Park
Asian Development Bank - Economic Research ( email )
6 ADB Avenue, Mandaluyong City 1550
Metro Manila
Philippines
Gemma Bolotaulo Estrada
Asian Development Bank - Economic Research ( email )
6 ADB Avenue, Mandaluyong City 1550
Metro Manila
Philippines