China: Social Security in the Context of Rapid Economic Growth

Kwong-leung Tang and Raymond Ngan Man-hung

Chapter 5 in Social Security, the Economy and Development, 2008, pp 137-159 from Palgrave Macmillan

Abstract: Abstract China has experienced extraordinarily rapid economic growth in the past two decades. For the years 2002–2005, it registered a 9 per cent average annual growth rate. It is now predicted that China’s economy will grow by 8.8 per cent for 2007, down only slightly from this year’s expected 9.5 per cent (Asian Development Bank, 2006). The country’s remarkable performance makes it the fastest growing of the world’s major economies. By some measures, China accounts for an even bigger share of global growth than does the United States.

Keywords: Social Security; Pension System; Social Assistance; Unemployment Insurance; Social Security System (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-58219-4_6

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DOI: 10.1057/9780230582194_6

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