Title

A Simple Solution to China's Pension Crisis

David D. Li and Ling Li

A Simple Solution to China's Pension Crisis

China’s rapidly aging population, strong economic growth, and high return on capital mean that a funded pension system would be more efficient than a state-directed system. Yet, there are many problems in implementing a new privatized pension system. The root problem is the lack of a well-designed...
Topics: 
Economy, Society
Keywords: 
Social Welfare, Economy