Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/109407
Authors: 
Lee, Sang-Hyop
Mason, Andrew
Year of Publication: 
2011
Series/Report no.: 
ADB Economics Working Paper Series 283
Abstract: 
We describe the complex support systems in Asia and highlight their importance for economic growth and fiscal sustainability. Familial transfers for old age support are significant in many Asian economies, though their extent varies quite widely, and public transfer systems are less significant. This is important because the region has the opportunity to develop sustainable systems less encumbered by obligations made to current and future generations of elderly. Relying on accumulated assets rather than transfers will help the region to create capital- intensive economies that can maintain standards of living.
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by/3.0/igo
Document Type: 
Working Paper

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