What is the Role of Social Pensions in Asia?

Armando Barrientos
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Armando Barrientos: Asian Development Bank Institute

No 351, ADBI Working Papers from Asian Development Bank Institute

Abstract: Rapid population ageing and economic transformation in Asia raise the policy challenge of ensuring income security in old age. The main objective of this paper is to explore the potential role of social pensions and other noncontributory schemes in Asia, informed by insights from theory and international experience. The paper identifies alternative forms of providing income security in old age, including social pensions. It also examines the welfare effects of adopting alternative social pension designs, especially around two key policy nodes: the comparative advantages of social assistance and social pensions, and the integration of noncontributory transfers within advanced contributory pension schemes.

Keywords: social pensions; population ageing; asia; social assistance; noncontributory transfers; contributory pension schemes (search for similar items in EconPapers)
JEL-codes: H55 I38 J14 J32 O17 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2012-04-12
New Economics Papers: this item is included in nep-age, nep-cwa and nep-sea
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Citations: View citations in EconPapers (3)

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