Transformation of the countryside from agrarian subsistence economy to non-farm monetised economy is propagated as a precursor of growth and development and involves shifting of labour from farming to off-farm activities. India has started its journey in this path but has a long way to go....

Intergenerational inequality and old-age poverty are salient issues in contemporary China. China's aging population threatens the fiscal sustainability of its pension system, a key vehicle for intergenerational redistribution. We analyze the positive and normative effects of alternative pension...