Provident and Pension Funds and Economic Development in Selected Asian Countries

Provident and Pension Funds and Economic Development in Selected Asian Countries

It is generally accepted that globalization has made social security arrangements essential for at least three reasons. First, for cushioning the burden of restructuring; secondly, for increasing the legitimacy of reforms; and thirdly, for enabling risk taking by individuals and firms by providing a...

Ausführliche Beschreibung

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Bibliographische Detailangaben
1. Verfasser: Asher, Mukul G.
Format: Buchkapitel
Sprache:eng
Schlagworte:
Asian Development Bank
Informal Sector
Pension Fund
Private Sector Employee
Sample Country
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Beschreibung
Zusammenfassung:It is generally accepted that globalization has made social security arrangements essential for at least three reasons. First, for cushioning the burden of restructuring; secondly, for increasing the legitimacy of reforms; and thirdly, for enabling risk taking by individuals and firms by providing a floor-level income in case the rewards from risk taking do not materialize.
DOI:10.1057/9780230244337_11