Comparison of Old-age Pension Policy in China and Russia: the Common and the Specific

In the process of transforming from planned economy to market economy, both China and Russia faced the issue of pension reform. There are similarities in the reform and development process and the system model of the pension security system in China and Russia. Transition from planned economy to mar...

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Main Author:	Tianhong Chen
Format:	article
Language:	EN RU
Published:	North-West institute of management of the Russian Presidential Academy of National Economy and Public Administration 2020
Subjects:	old-age pension china russia comparison Political institutions and public administration (General) JF20-2112
Online Access:	https://doaj.org/article/3f9e65fecb024f33aeec47acd79da04a
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id	oai:doaj.org-article:3f9e65fecb024f33aeec47acd79da04a
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spelling	oai:doaj.org-article:3f9e65fecb024f33aeec47acd79da04a2021-11-12T10:46:12ZComparison of Old-age Pension Policy in China and Russia: the Common and the Specific1726-11391816-859010.22394/1726-1139-2020-7-68-82https://doaj.org/article/3f9e65fecb024f33aeec47acd79da04a2020-09-01T00:00:00Zhttps://www.acjournal.ru/jour/article/view/1468https://doaj.org/toc/1726-1139https://doaj.org/toc/1816-8590In the process of transforming from planned economy to market economy, both China and Russia faced the issue of pension reform. There are similarities in the reform and development process and the system model of the pension security system in China and Russia. Transition from planned economy to market economy and aggravation of population aging are main reasons for the reform of pension system in both countries. Under the influence of the World Bank and other international organizations, China and Russia have gradually established a multi-tier pension system, with the state, enterprises and individuals sharing the pension costs. Differences also exist in the old-age security system of China and Russia.Tianhong ChenNorth-West institute of management of the Russian Presidential Academy of National Economy and Public Administration articleold-age pensionchinarussiacomparisonPolitical institutions and public administration (General)JF20-2112ENRUУправленческое консультирование, Vol 0, Iss 7, Pp 68-82 (2020)
institution	DOAJ
collection	DOAJ
language	EN RU
topic	old-age pension china russia comparison Political institutions and public administration (General) JF20-2112
spellingShingle	old-age pension china russia comparison Political institutions and public administration (General) JF20-2112 Tianhong Chen Comparison of Old-age Pension Policy in China and Russia: the Common and the Specific
description	In the process of transforming from planned economy to market economy, both China and Russia faced the issue of pension reform. There are similarities in the reform and development process and the system model of the pension security system in China and Russia. Transition from planned economy to market economy and aggravation of population aging are main reasons for the reform of pension system in both countries. Under the influence of the World Bank and other international organizations, China and Russia have gradually established a multi-tier pension system, with the state, enterprises and individuals sharing the pension costs. Differences also exist in the old-age security system of China and Russia.
format	article
author	Tianhong Chen
author_facet	Tianhong Chen
author_sort	Tianhong Chen
title	Comparison of Old-age Pension Policy in China and Russia: the Common and the Specific
title_short	Comparison of Old-age Pension Policy in China and Russia: the Common and the Specific
title_full	Comparison of Old-age Pension Policy in China and Russia: the Common and the Specific
title_fullStr	Comparison of Old-age Pension Policy in China and Russia: the Common and the Specific
title_full_unstemmed	Comparison of Old-age Pension Policy in China and Russia: the Common and the Specific
title_sort	comparison of old-age pension policy in china and russia: the common and the specific
publisher	North-West institute of management of the Russian Presidential Academy of National Economy and Public Administration
publishDate	2020
url	https://doaj.org/article/3f9e65fecb024f33aeec47acd79da04a
work_keys_str_mv	AT tianhongchen comparisonofoldagepensionpolicyinchinaandrussiathecommonandthespecific
_version_	1718430672718135296

Comparison of Old-age Pension Policy in China and Russia: the Common and the Specific

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