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BOOK REVIEW: "Review of Pension Systems and Old-Age Income Support in East and Southeast Asia" by Donghyun Park

BOOK REVIEW: "Review of Pension Systems and Old-Age Income Support in East and Southeast Asia" by... The Singapore Economic Review, Vol. 58, No. 2 (2013) 1380005 (2 pages) © World Scientific Publishing Company DOI: 10.1142/S0217590813800052 BOOK REVIEW Published 3 May 2013 Review of Pension Systems and Old-Age Income Support in East and Southeast Asia by Donghyun Park, Routledge, 2011. ISBN 978-0-415-69270-0. This is a very timely and useful book. It comes at a time of growing and urgent concern about old-age income support in the midst of a rapid demographic transition in East and Southeast Asia. Accompanied by rapid economic growth and urbanization, demographic transition is one of the region’s biggest structural shifts in the median and long term. As the region becomes greyer, old-age income support becomes one of the biggest social and economic challenges facing these countries in the twenty-first century. Traditionally, Asians have relied on family networks to provide old-age income support. However, social and economic changes in the past decades have led to the weakening of family-based old-age support. This calls for a bigger role played by formal pension systems. A well- functioning and robust pension system is expected to be a central pillar of any adequate and sustainable old-age income support system for countries in the region. This book comprises http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The Singapore Economic Review World Scientific Publishing Company

BOOK REVIEW: "Review of Pension Systems and Old-Age Income Support in East and Southeast Asia" by Donghyun Park

ZHOU, JIE
The Singapore Economic Review , Volume 58 (02): 1 – Jun 1, 2013
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Publisher
World Scientific Publishing Company
Copyright
Copyright ©
Subject
Book Reviews
ISSN
0217-5908
eISSN
1793-6837
DOI
10.1142/S0217590813800052
Publisher site
See Article on Publisher Site

Abstract

The Singapore Economic Review, Vol. 58, No. 2 (2013) 1380005 (2 pages) © World Scientific Publishing Company DOI: 10.1142/S0217590813800052 BOOK REVIEW Published 3 May 2013 Review of Pension Systems and Old-Age Income Support in East and Southeast Asia by Donghyun Park, Routledge, 2011. ISBN 978-0-415-69270-0. This is a very timely and useful book. It comes at a time of growing and urgent concern about old-age income support in the midst of a rapid demographic transition in East and Southeast Asia. Accompanied by rapid economic growth and urbanization, demographic transition is one of the region’s biggest structural shifts in the median and long term. As the region becomes greyer, old-age income support becomes one of the biggest social and economic challenges facing these countries in the twenty-first century. Traditionally, Asians have relied on family networks to provide old-age income support. However, social and economic changes in the past decades have led to the weakening of family-based old-age support. This calls for a bigger role played by formal pension systems. A well- functioning and robust pension system is expected to be a central pillar of any adequate and sustainable old-age income support system for countries in the region. This book comprises

Journal

The Singapore Economic Review – World Scientific Publishing Company

Published: Jun 1, 2013

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