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...

Full description

Saved in:
Bibliographic Details
Main Author: Tianhong Chen
Format: Article
Language:English
Published: North-West institute of management of the Russian Presidential Academy of National Economy and Public Administration 2020-09-01
Series:Управленческое консультирование
Subjects:
Online Access:https://www.acjournal.ru/jour/article/view/1468
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1850228732230369280
author Tianhong Chen
author_facet Tianhong Chen
author_sort Tianhong Chen
collection DOAJ
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
id doaj-art-3f9e65fecb024f33aeec47acd79da04a
institution OA Journals
issn 1726-1139
1816-8590
language English
publishDate 2020-09-01
publisher North-West institute of management of the Russian Presidential Academy of National Economy and Public Administration
record_format Article
series Управленческое консультирование
spelling doaj-art-3f9e65fecb024f33aeec47acd79da04a2025-08-20T02:04:26ZengNorth-West institute of management of the Russian Presidential Academy of National Economy and Public AdministrationУправленческое консультирование1726-11391816-85902020-09-0107688210.22394/1726-1139-2020-7-68-821311Comparison of Old-age Pension Policy in China and Russia: the Common and the SpecificTianhong Chen0Guangdong Institute of Public AdministrationIn 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.https://www.acjournal.ru/jour/article/view/1468old-age pensionchinarussiacomparison
spellingShingle Tianhong Chen
Comparison of Old-age Pension Policy in China and Russia: the Common and the Specific
Управленческое консультирование
old-age pension
china
russia
comparison
title 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_short 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
topic old-age pension
china
russia
comparison
url https://www.acjournal.ru/jour/article/view/1468
work_keys_str_mv AT tianhongchen comparisonofoldagepensionpolicyinchinaandrussiathecommonandthespecific