Singapore is an affluent city state which finances its social security system through a mandatory, publicly managed, defined contribution system based on individual accounts. The main vehicle embodying this is the Central Provident Fund (CPF). There are two other pension systems operating in...

Deregulation and its Discontents examines the different ways in which the issues related to deregulation and reregulation have been addressed in Asia. The role of government in business has gone through distinct, if overlapping, cycles: regulation, deregulation and reregulation. However, little...

The Association of Southeast Asian Nations (ASEAN) is engaged in framing a post- 2015 vision for social protection in ASEAN which would facilitate productive ageing. This paper assesses existing social protection systems in ASEAN and suggests initiatives which policymakers and other stakeholders...

The main retirement benefit scheme for private sector employees in Malaysia is a 50‐year‐old mandatory savings scheme administered by the Employees Provident Fund (EPF). It had accumulated assets equal to 55 per cent of GDP in 1999; making it one of the largest such schemes in the world. Over...

Purpose – To examine the case for reforming India's current provident and pension fund governance and regulatory structures. Design/methodology/approach – The paper reviews various components of India's social security system with a view to identifying reform needs in their governance and...

Purpose – To argue a case for a paradigm shift in the way urban cooperative banks (UCBs) are managed, governed, and regulated in India to enable them to enhance their contributions to achieving greater degree of financial inclusion, and more broad‐based growth. Design/methodology/approach...

In this text, experts in Asian economics, public management, law and the sciences explore critical issues that will have a role in future policy debates. Topics include growth, income security and fiscal reform; governance and public management; and technological innovation and the environment

1. Age related pension expenditure and fiscal space : an overview / Mukul G. Asher and Fauziah Zen -- 2. Modelling pension expenditure : selected issues / Junichiro Takahata -- 3. Public pension system and fiscal policy response in China / Jin Feng and Qin Chen -- 4. Age related pension...