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In this paper, we present data on trends over time in domestic saving rates in twelve economies in developing Asia during the 1966-2007 period and analyze the determinants of these trends. We find that domestic saving rates in developing Asia have, in general, been high and rising but that there...
Persistent link: https://www.econbiz.de/10010332273
This paper highlights the employment patterns of China's over 45 population and, for perspective, places them in the context of work and retirement patterns in Indonesia, Korea, the United States, and the United Kingdom. As is common in many developing countries, China can be characterized as...
Persistent link: https://www.econbiz.de/10010282251
Contemporary pension systems face a major fiscal challenge. In China, whose population has been aging rapidly, such a challenge is of extreme importance. This article finds that, in China, the cumulative funding gap in pensions should be 2022.34billion Yuan until 2020, and 71731.94billion Yuan...
Persistent link: https://www.econbiz.de/10010931676
This paper highlights the employment patterns of China’s over-45 population and, for perspective, places them in the context of work and retirement patterns in Indonesia, Korea, the United States, and the United Kingdom. As is common in many developing countries, China can be characterized as...
Persistent link: https://www.econbiz.de/10009371185
In this paper, we present data on trends over time in domestic saving rates in twelve economies in Developing Asia during the 1966–2007 period and analyze the determinants of these trends. We find that domestic saving rates in Developing Asia have, in general, been high and rising but that...
Persistent link: https://www.econbiz.de/10010577665
Persistent link: https://www.econbiz.de/10008599626
Persistent link: https://www.econbiz.de/10012990381
Global population aging trends are intensifying, presenting multifaceted economic and social challenges for countries worldwide. As the world's largest developing country, China has entered a phase of extreme demographic aging, posing significant questions about its impact on the ongoing...
Persistent link: https://www.econbiz.de/10015179491
Persistent link: https://www.econbiz.de/10015136094
Persistent link: https://www.econbiz.de/10015137774