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- W2349680455 abstract "At present,China pension insurance reform is undergoing the period,which is transforming pay-as-you-go scheme into partial funded scheme.We are encountering some problems,which mainly include the cost of transition and hidden debts,and so on.In fact,the funded scheme is not proper in China.Because the practice of various nations doesn't achieve the goals which are wished;the funded scheme does not increase welfare in nature;the management cost of the funded scheme is very high;the outside conditions of the funded scheme are not existed in China now.In contrast,for pay-as-you-go scheme,the Aaron condition is still met;the population aging is not very serious;the pension coverage can be expanded greatly.So,PAYG is more suitable now." @default.
- W2349680455 created "2016-06-24" @default.
- W2349680455 creator A5084637069 @default.
- W2349680455 date "2009-01-01" @default.
- W2349680455 modified "2023-09-23" @default.
- W2349680455 title "PAYG Is the Best Choice for Pension Insurance in China" @default.
- W2349680455 hasPublicationYear "2009" @default.
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