Pension reform and the development of the capital market

Author: Li Jieming
Publisher:
Publish Date: 2003-12-01
Features: This book is divided into four parts and nine chapters. The first part, the Historical Part, discusses the evolution of the world's pension insurance system and the history and current status of China's pension insurance system. The second part, the Theoretical Part, elaborates on the financing models of pension insurance, the economic effects of pension insurance systems, and the impact of incomplete capital markets on savings and investment. The third part, the Empirical Part, analyzes China's capital market and the difficulties of China's pension insurance reform due to incomplete capital markets. The fourth part, the Policy Part, draws on the experience of foreign pension insurance reforms and capital market development, pointing out that China's pension insurance reform should develop in conjunction with the capital market.
This book is suitable for teachers and students of economics and insurance majors in colleges and universities, practical workers in social security bureaus, and economic theoretical researchers.