Provident and Pension Funds and Economic Development in Selected Asian Countries

Mukul G. Asher

Chapter 11 in Financing Social Policy, 2009, pp 264-289 from Palgrave Macmillan

Abstract: Abstract It is generally accepted that globalization has made social security arrangements essential for at least three reasons. First, for cushioning the burden of restructuring; secondly, for increasing the legitimacy of reforms; and thirdly, for enabling risk taking by individuals and firms by providing a floor-level income in case the rewards from risk taking do not materialize.

Keywords: Pension Fund; Informal Sector; Sample Country; Asian Development Bank; Private Sector Employee (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:sopchp:978-0-230-24433-7_11

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DOI: 10.1057/9780230244337_11

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