| Description |
1 online resource (xvii, 148 pages) : illustrations |
| Series |
Directions in development. Human development |
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Directions in development (Washington, D.C.). Human development
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| Contents |
Machine generated contents note: Executive Summary -- Notes -- References -- ch. 1 Trends in the Aging of China's Rural Population: Past, Present, and Future -- Demographic Transition in China -- Looking Ahead -- Projecting Population Trends -- Conclusion -- Note -- References -- ch. 2 Poverty and Vulnerability among China's Rural Elderly -- Poverty among the Rural Elderly -- Chronic Poverty among the Rural Elderly -- Vulnerability to Poverty -- Geographic Dimension of Poverty -- Income Determinants of the Elderly -- Conclusion -- Notes -- References -- ch. 3 Sources of Support among the Rural Elderly -- Sources of Support among China's Elderly -- Evidence on Family Support -- Changes to Living Arrangements and the Well-Being of the Elderly -- Do Private Transfers Respond to Income of the Elderly? -- Labor Supply and "Retirement" Decision of China's Rural Elderly -- Conclusion -- Notes -- References -- ch. 4 Saving Decisions in Rural China -- Why Is the Household Saving Rate So High in China? -- Saving Behavior and Migration -- Conclusion -- Notes -- References -- ch. 5 Evolution of the Rural Pension System in China -- Initiation and Expansion of Rural Pensions: 1986-98 -- Contraction and Stagnation: 1999-2002 -- Renewal: 2003-09 -- Looking Ahead: The Rural Pilot Program -- Conclusion -- Notes -- References -- ch. 6 Issues for the Evolution of the Rural Pension System -- Pension System Design Principles -- Issues Regarding the Individual Account -- Could the Basic Rural Pension Benefit Evolve into a Social Pension? -- Interaction between Individual Accounts and the Social Pension and the Transitional Generation -- Moving from Rural Pensions to a Residents' Pension? -- Conclusion -- Notes -- References |
| Summary |
The Elderly and Old Age Support in Rural China examines projected demographic changes that will afect the economic well-being of China's rural elderly over the next 20 years, taking into account both China's sharp demographic transition and the ontinued migration of young adults to cities. The projected old age dependency ratio of 34 percent in China's rural areas by 2030 suggests that support of the elderly is likely to be an increasing burden on China's families. The book documents the sources of financial support, poverty incidence, and vulnerability of the rural elderly since the early 1990s. In contrast to the urban elderly, who frequently have pension support, the rural elderly typically rely either on their own labor income or financial support from adult children. A substantial share of China's rural elderly continue to work well beyond age 70, but labor as a primary source of support falls sharply during their 60s. Additional evidence suggests that the rural elderly work well beyond 60 out of necessity and only stop working when physically incapacitated. The final sections of the book review experiences with rural pensions during the 1990s and 2000s and draw out the lessons that have informed the design of a new national rural pension scheme. Among the many issues discussed, the report highlights the importance of providing incentives for participation in the pension scheme and of the portability of pensions for a mobile population.--publisher description |
| Bibliography |
Includes bibliographical references and index |
| Notes |
English |
| Subject |
Old age pensions -- China
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Older people -- Government policy -- China
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Older people -- China -- Economic conditions
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Older people -- China -- Social conditions
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Rural poor -- Government policy -- China
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FAMILY & RELATIONSHIPS -- Aging.
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SOCIAL SCIENCE -- Gerontology.
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Old age pensions
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Older people -- Economic conditions
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Older people -- Government policy
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Older people -- Social conditions
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Rural poor -- Government policy
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China
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| Form |
Electronic book
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| Author |
Cai, Fang
|
|
World Bank
|
| ISBN |
9780821389034 |
|
0821389033 |
|
1280069074 |
|
9781280069079 |
|
9786613520074 |
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6613520071 |
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