Debate on Rationality and Legitimacy of “House-for-Pension” Pension Model Use in People’s Republic of China
2014 ◽
Vol 2
(6)
◽
pp. 36-39
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Keyword(s):
“House-for-pension” scheme also known as reverse mortgage is used in many countries nowadays. An interest to this model is increasing in Chinese society too. But is “house-for-pension” scheme really suitable for China? In the present paper possible options related to "house for pension" scheme adaptation to the Chinese conditions have been analyzed, and a conclusion that the similar model doesn´t suit China has been drawn. Chinese pension system still needs for state budget support as a main source of financing, and for using of traditional pension provision. “House-for-pension” scheme will be able become a supplement source of financing only in the future.
Keyword(s):
2018 ◽
Vol 10
(2)
◽
pp. 260-276
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1984 ◽
Vol 6
(2)
◽
pp. 193-226
1984 ◽
Vol 23
(6)
◽
pp. 1366-1387
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Keyword(s):