Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/109428
Authors: 
Chen, Qiulin
Eggleston, Karen
Li, Ling
Year of Publication: 
2011
Series/Report no.: 
ADB Economics Working Paper Series 291
Abstract: 
The transition in the People's Republic of China from a centrally planned economy to a market-based economy is widely acclaimed for leading to unprecedented economic growth, but there is a growing awareness of the social strains accompanying that growth such as the lagging development of the social protection system as the population ages. Using estimates from the National Transfer Accounts database, we describe changes in life cycle public transfers; interhousehold transfers; and intrahousehold transfers for education, health care, and other support; and discuss the main challenges that demographic change poses for the pension and health care systems. Demographic change and its interaction with family behavior and social policies will strongly shape both future economic growth - through savings and investment decisions, labor supply and productivity - and the sustainability of social support systems.
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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