Reducing Disparities and Enhancing Sustainability in Asian Pension Systems

24 Pages Posted: 9 Jan 2013

See all articles by Yves Guerard

Yves Guerard

Guerard Consultants Inc

Mukul G. Asher

National University of Singapore - Lee Kuan Yew School of Public Policy

Donghyun Park

Asian Development Bank - Economic Research

Gemma Bolotaulo Estrada

Asian Development Bank - Economic Research

Multiple version iconThere are 2 versions of this paper

Date Written: October 2012

Abstract

Population aging is a global phenomenon but what sets Asia apart is the sheer scale and speed of its aging. Pension systems will have to play a bigger role but in most Asian countries pension systems are still underdeveloped, fragmented, and poorly financed. Asian countries need to embark on systematic pension reform now to meet the challenge of delivering affordable, adequate, and sustainable economic security to their fast-growing elderly population.

Keywords: Asia pensions, work benefits, assistance programs, population aging, retirement, old age, Asia elderly, older persons, social protection, economic security, national pension systems, old-age poverty, China pension, Indonesia retirement, Korea pension, Malaysia pension, Philippines retirement

Suggested Citation

Guerard, Yves and Asher, Mukul G. and Park, Donghyun and Estrada, Gemma Bolotaulo, Reducing Disparities and Enhancing Sustainability in Asian Pension Systems (October 2012). Asian Development Bank Economics Working Paper Series No. 313, Available at SSRN: https://ssrn.com/abstract=2198185 or http://dx.doi.org/10.2139/ssrn.2198185

Yves Guerard (Contact Author)

Guerard Consultants Inc ( email )

7 Frontenac
Saint-Andre-d'Argenteuil,, QC
Canada
450-537-3270 (Phone)

Mukul G. Asher

National University of Singapore - Lee Kuan Yew School of Public Policy ( email )

Singapore 117591
Singapore
(65) 6778 1020 (Fax)

Donghyun Park

Asian Development Bank - Economic Research ( email )

6 ADB Avenue, Mandaluyong City 1550
Metro Manila
Philippines

Gemma Bolotaulo Estrada

Asian Development Bank - Economic Research ( email )

6 ADB Avenue, Mandaluyong City 1550
Metro Manila
Philippines

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