pension-systems-and-old-age-income-support-in-east-and-southeast-asia-overview-and-reform-direction

This book examines the pension systems of eight countries in East and Southeast Asia (China, Indonesia, South Korea, Malaysia, Philippines, Singapore, Thailand and Vietnam) which encompass a wide range of income and development levels. The book provides a comprehensive overview of pension systems in these countries, and identifies their major weaknesses and shortcomings. On the basis of this diagnosis, the book sets forth concrete and specific policy options for reforming Asia's pension systems. Many policy options for reform are country-specific. For example, a top priority in China is to extend the pension system to rural areas. At the same time, a number of reforms, such as the need to extend coverage, resonate across the entire region. Appropriate reform will enable the region's pension systems to deliver affordable, adequate and sustainable old-age economic security.