Rebuilding Chinaâ€™s Social Safety Net: Why Governance Matters
Working Papers from eSocialSciences
China has adopted a wide-ranging program of pension reform since the late 1990s. The new pension system has replaced the pre-existing enterprise-based system. This paper analyzes the background of this reform, surveys the progress of Chinaâ€™s pension reform, describes its principal components, and assesses its achievements and weaknesses. It ends with some theoretical observations that attempt to link the effectiveness of critical economic reform efforts to a stateâ€™s governance, both in terms of capacity and incentive structure.
Keywords: pension reform; China; social security reforms; economic reform (search for similar items in EconPapers)
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