Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/109407 
Year of Publication: 
2011
Series/Report no.: 
ADB Economics Working Paper Series No. 283
Publisher: 
Asian Development Bank (ADB), Manila
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: 
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Document Type: 
Working Paper

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