304 results on '"Social pension"'
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2. Anti-Poverty Transfers: Policy Successions with Little Success
- Author
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Rahman, Andaleeb, Pingali, Prabhu, Barrett, Christopher B., Series Editor, Rahman, Andaleeb, and Pingali, Prabhu
- Published
- 2024
- Full Text
- View/download PDF
3. Opportunities and challenges of integrating artificial intelligence in China's elderly care services
- Author
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Yongyan Zhao and Jian Li
- Subjects
Artificial intelligence ,Social pension ,Service system ,Service evaluation ,Community ,Medicine ,Science - Abstract
Abstract The challenge of elderly care presents a formidable task, demanding the collective attention of governmental bodies and diverse sectors of society. The integration of Artificial Intelligence (AI) into the research and development of Social Elderly Care Service (ECS) has emerged as a dominant trend, holding substantial importance in the establishment of an efficient ECS system. This study aims to serve as a comprehensive reference for the advancement of China's ECS system, achieved through the harmonious integration of a social ECS system with AI capabilities. This paper introduces the fundamental theory of AI, delving into the intricacies of the greyscale model of AI. Furthermore, it provides an overview of the current landscape of elderly care and elder care institutions, offering scientific data and insights to propel further research on AI development and system construction. Through an analysis of the existing research status, the study identifies prevalent issues within the AI-ECS integration, emphasizing pivotal factors influencing the construction of a robust social ECS system. To address these concerns, the study puts forth specific and viable policy recommendations. Notably, the questionnaire's statistics underscore that 83% of the elderly populace would opt for AI-driven solutions in selecting intelligent products, thereby underscoring the pivotal role of AI within the social ECS system. The challenges facing elderly care systems, including demographic shifts, resource constraints, and evolving societal norms, demand innovative solutions for providing efficient and effective care. This study addresses these challenges by exploring the integration of Artificial Intelligence (AI) into Social Elderly Care Services (ECS) in China. By delving into the theory of AI and assessing the existing research status, the study identifies key issues in AI-ECS integration and proposes viable policy recommendations. Insights from stakeholder surveys further highlight the importance of AI-driven solutions in meeting the needs of the elderly population.
- Published
- 2024
- Full Text
- View/download PDF
4. Opportunities and challenges of integrating artificial intelligence in China's elderly care services.
- Author
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Zhao, Yongyan and Li, Jian
- Abstract
The challenge of elderly care presents a formidable task, demanding the collective attention of governmental bodies and diverse sectors of society. The integration of Artificial Intelligence (AI) into the research and development of Social Elderly Care Service (ECS) has emerged as a dominant trend, holding substantial importance in the establishment of an efficient ECS system. This study aims to serve as a comprehensive reference for the advancement of China's ECS system, achieved through the harmonious integration of a social ECS system with AI capabilities. This paper introduces the fundamental theory of AI, delving into the intricacies of the greyscale model of AI. Furthermore, it provides an overview of the current landscape of elderly care and elder care institutions, offering scientific data and insights to propel further research on AI development and system construction. Through an analysis of the existing research status, the study identifies prevalent issues within the AI-ECS integration, emphasizing pivotal factors influencing the construction of a robust social ECS system. To address these concerns, the study puts forth specific and viable policy recommendations. Notably, the questionnaire's statistics underscore that 83% of the elderly populace would opt for AI-driven solutions in selecting intelligent products, thereby underscoring the pivotal role of AI within the social ECS system. The challenges facing elderly care systems, including demographic shifts, resource constraints, and evolving societal norms, demand innovative solutions for providing efficient and effective care. This study addresses these challenges by exploring the integration of Artificial Intelligence (AI) into Social Elderly Care Services (ECS) in China. By delving into the theory of AI and assessing the existing research status, the study identifies key issues in AI-ECS integration and proposes viable policy recommendations. Insights from stakeholder surveys further highlight the importance of AI-driven solutions in meeting the needs of the elderly population. [ABSTRACT FROM AUTHOR]
- Published
- 2024
- Full Text
- View/download PDF
5. Institutional Pension Insurance in Sustainable Development of Urban–Rural Intergenerational Support.
- Author
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Kang, Chen, Cheng, Mingwang, and Wei, Xinyu
- Subjects
PENSIONS ,SOCIAL impact ,INSURANCE ,INCOME ,SUSTAINABLE urban development - Abstract
Parental downward support plays an important role in urban and rural sustainable development. It is of great significance to study parental downward transfers and their motivation. However, there is no consensus on the motivation behind parental downward transfers in China. This study examines the timing and monetary impacts of social pensions on parental downward transfers and assesses the motivations behind them. We found that pension insurance encouraged rural parents to provide time and monetary support to their children. Unlike rural parents, pension insurance increased the monetary support of urban parents but inhibited their time support. Because of the higher income level of urban parents and the better organization of the domestic service market, parents have the motivation and conditions to reduce their time support and increase monetary support. Our findings highlight the importance of parental downward transfers in urban and rural sustainable development. [ABSTRACT FROM AUTHOR]
- Published
- 2024
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- View/download PDF
6. Towards a Universal Chinese Future Public Pension Structure: Re-engineering the Social Pension Scheme to Become a Guarantee in the Earnings-Related Pension Scheme
- Author
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Palmer, Edward, Wang, Xinmei, Zhan, Peng, and Ma, Xinxin, editor
- Published
- 2023
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7. SOCIAL PENSIONS AS A POSSIBLE MODEL FOR REDUCING ELDERLY POVERTY, DISCRIMINATION, AND SOCIAL EXCLUSION IN THE REPUBLIC OF SERBIA.
- Author
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Nedeljković, Đorđe and Nedeljković, Natalija
- Subjects
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AGE discrimination , *OLDER people , *PENSIONS , *SOCIAL facts , *SOCIAL systems , *SOCIAL marginality , *POVERTY rate - Abstract
Poverty as a social phenomenon represents one of the biggest problems today, both globally and in the Republic of Serbia. Socially sensitive categories are at particular risk of poverty, including the elderly population. In this regard, elderly poverty is interconnected with discrimination against the elderly and their social exclusion. Therefore, one of the most common challenges that old age imposes is the issue of financial security for the elderly after reaching a certain age. There is a certain number of elderly people who have reached the retirement age prescribed by law but, due to various circumstances, have not met the requirements for acquiring the right to retirement, disability or a family pension. In such situations, the only currently available option of material security for that group of people in Serbia is the realization of the right to benefits within the social protection system. In addition to the previously mentioned support through the social protection system, there has been a social pension institute as a security model for decades in various social security systems. The primary objective of social pensions is to reduce the poverty rate among the elderly, primarily ensuring social security for individuals who have not qualified for retirement pensions, while simultaneously decreasing the overall poverty rate in society, thereby ensuring the conditions for achieving social justice as the fundamental goal of social law. The subject of analysis in this paper is social pension as one of the possible models for reducing elderly poverty, discrimination and social exclusion in the Republic of Serbia. [ABSTRACT FROM AUTHOR]
- Published
- 2023
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8. Institutional Pension Insurance in Sustainable Development of Urban–Rural Intergenerational Support
- Author
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Chen Kang, Mingwang Cheng, and Xinyu Wei
- Subjects
rural–urban relationship ,social pension ,downward transfers ,intergenerational support ,sustainable development ,Agriculture (General) ,S1-972 - Abstract
Parental downward support plays an important role in urban and rural sustainable development. It is of great significance to study parental downward transfers and their motivation. However, there is no consensus on the motivation behind parental downward transfers in China. This study examines the timing and monetary impacts of social pensions on parental downward transfers and assesses the motivations behind them. We found that pension insurance encouraged rural parents to provide time and monetary support to their children. Unlike rural parents, pension insurance increased the monetary support of urban parents but inhibited their time support. Because of the higher income level of urban parents and the better organization of the domestic service market, parents have the motivation and conditions to reduce their time support and increase monetary support. Our findings highlight the importance of parental downward transfers in urban and rural sustainable development.
- Published
- 2024
- Full Text
- View/download PDF
9. Should Social Pensions be Universal or Targeted? Older Persons' Preferences over the Old-Age Allowance System in Thailand.
- Author
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Suwanrada, Worawet and Sukontamarn, Pataporn
- Subjects
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FAMILIES & psychology , *WELL-being , *SOCIAL support , *SOCIAL norms , *SOCIAL values , *ALTRUISM , *REGRESSION analysis , *INCOME , *SOCIAL security , *SOCIOECONOMIC factors , *PENSIONS , *POVERTY , *CUSTOMER satisfaction , *EDUCATIONAL attainment - Abstract
There are continued debates on whether social pensions should be universal or targeted. This paper investigates this issue from the perspectives of Thai older persons regarding the old-age allowance system. The paper uses data from the 2016 Population Change and Well-being in the Context of Aging Society Project with the final sample of 6,040 individuals aged 60 and older. The study employs probit regression analysis, where the dependent variable is whether the respondent thinks that the old-age allowance should be universal or targeted. Independent variables include individual, household, social, and economic characteristics. The paper finds that those with high or low education and those with high or low economic well-being tend to prefer the targeted system compared to the middle group. Family status, individual values, and social norms also influence the preferences. The two main mechanisms explaining the preferences of older persons are self-interest and altruism. The findings suggest that the old-age allowance system should continue to provide basic income security for all older persons. Separate poverty relief programs can be implemented to support individuals in need. [ABSTRACT FROM AUTHOR]
- Published
- 2023
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10. Self-Employed Finance in the New Russian Economy
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T. V. Zhukova and Y. M. Mirkin
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self-employed finance ,self-employed without employees ,dependent self-employed ,retirement benefits ,retirement savings ,contributions ,income ,social pension ,pension insurance coverage ,Competition ,HD41 ,Finance ,HG1-9999 - Abstract
We based our study on statistical, actuarial, and predictive methods, including the method of moving ages. We assessed qualitatively and quantitatively Russian self-employed. Their potential for participation in pension insurance is assessed using foreign experience. We proposed promising instruments for pensions of self-employed. We concretized the concept of self-employed for the Russian pension system based on international approaches. Their number, gender, age and professional composition and income level are estimated, including international comparison. Further, we predicted the demographic number of self-employed as potential recipients of social pensions. Their income potential for pension insurance is assessed. Finally, we developed recommendations for using the best foreign experience to expand the coverage of self-employed with pension insurance.
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- 2022
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11. Does attending in social pension program promotes household energy transition? Evidence from ethnical minority regions of rural China.
- Author
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Li, Houjian, Li, Haonan, Cao, Andi, and Guo, Lili
- Subjects
SOCIAL services ,SUSTAINABLE development ,HOUSEHOLDS ,CONSUMPTION (Economics) ,ETHNICITY ,RURAL poor ,CLEAN energy - Abstract
It is of great significance to promote rural household energy transition to improve residents' welfare and sustainable economic development. However, economic poverty and income uncertainty hinder households' transition to cleaner energy. The initiation of social pension plays a crucial role in combating income shock and promoting household consumption. In contrast, there is little literature on the relationship between social pension and household energy consumption. This article addresses this question by exploring the role of social pension in promoting household energy transition. We adopt the Chinese Household Ethnicity Survey (CHES, 2013) and apply the control function approach to test for the causal effects of social pension in promoting household energy transition. Our empirical results reveal that social pension reduces rural residents' adoption of solid fuels. The reduction effect of social pension on household solid fuel use will be significantly enhanced with the increase in family members participating in the social pension program. We also find that household members with religious faiths and the number of ethnic minorities within a family could strengthen the negative effect of social pension on household solid fuel use. Moreover, we identify intra-household transfer and labour mobility within the family as channels. Our findings suggest that expanding access to social pension would have considerable benefits in promoting household energy transition. • This paper investigates how the social pension program affects rural household energy transition. • Social pension reduces rural residents' adoption of solid fuels. • Household members with religious faiths strengthen the negative effect of social pension on household solid fuel use. • The number of ethnic minorities within a family strengthens the negative effect of social pension on household solid fuel use. • Intra-household transfer and labour mobility within the family are the underlying channels. [ABSTRACT FROM AUTHOR]
- Published
- 2022
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12. The relation between social pensions and health among poor older individuals in Colombia: a qualitative study.
- Author
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Hessel, Philipp, López, Laura C., Ordóñez-Monak, Ivonne, and González-Uribe, Catalina
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WELL-being , *RESEARCH methodology , *RURAL conditions , *HEALTH status indicators , *INTERVIEWING , *SATISFACTION , *SOCIAL security , *QUALITATIVE research , *PENSIONS , *DESCRIPTIVE statistics , *FOOD , *AUTONOMY (Psychology) , *HEALTH attitudes , *POVERTY , *STATISTICAL sampling , *METROPOLITAN areas , *EMOTIONS - Abstract
We assessed the relation between social pension benefits and health among poor older individuals in Colombia based on a qualitative case study (N = 51) using in-depth semi-structured interviews. Participants were beneficiaries of the Colombia Mayor social pension programme, recruited through snowball sampling in one rural and one urban area. Participants reported using cash benefits mainly for purchasing essential foods and medicines, as well as for paying for household utilities and satisfying personal needs. Beneficiaries of the programme view the latter as being positively associated with their health as it not only satisfies material needs but also increases their sense of autonomy, emotional wellbeing and also promotes a positive and cheerful attitude. Despite most beneficiaries perceiving the programme as positively associated with their health and wellbeing, results also highlight the importance of the various individual- as well as contextual-level factors in determining the relation between social pensions and health. [ABSTRACT FROM AUTHOR]
- Published
- 2022
- Full Text
- View/download PDF
13. Do Social Pension and Family Support Affect Farmers' Land Transfer? Evidence from China.
- Author
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Li, Zuojuan, Li, Guofeng, Zhang, Ke, and Zhu, Jingxin
- Subjects
LAND title registration & transfer ,FARMERS' attitudes ,STRUCTURAL equation modeling ,LAND use ,PENSIONS ,CHINESE people - Abstract
The issues of farmers' old-age security and land use have long been the focus of Chinese scholars' and governmental attention. Land transfer plays a vital role in promoting agricultural scale operations, adjusting agricultural structures, and improving land utilization, while the old-age security function of land is one of the important factors affecting land transfer. Based on the data of the China Health and Retirement Longitudinal Study (CHARLS), this study uses the probit and structural equation models to explore social pension and family support mechanisms and pathways with regard to farmers' land transfer. The results show that: (1) Social pension has a significant negative effect on farmers' rent-out land, but a significant positive effect on rent-in land. Compared to farmers who do not participate in the New Rural Pension System (NRPS), the probability of rent-out land for farmers who participated in NRPS decreased by 2.44%, and rent-in land increased by 2.26%. (2) Family support has a significant positive effect on farmers' rent-out land, but a negative effect on rent-in land. (3) Agricultural labor time plays a mediating role in the effect of social pension and family support on both farmers' rent-out land and rent-in land. [ABSTRACT FROM AUTHOR]
- Published
- 2022
- Full Text
- View/download PDF
14. The financial mechanism for ensuring social policy of the state for persons with disabilities
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O. B. Repkina and R. M. Beshtoev
- Subjects
disability ,cash payments ,social pension ,social surcharge ,living wage ,Business ,HF5001-6182 - Abstract
Overcoming negative trends in the social development of society becomes the most important task of state and municipal government in the formation of a social protection system for a socially oriented state. The article discusses the tools of state financial support and the financial mechanism for implementing the state social policy for persons with disabilities in Russia.
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- 2020
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15. Expansion of Thailand's social pension policy and its implications for family support for older persons.
- Author
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Teerawichitchainan, Bussarawan and Pothisiri, Wiraporn
- Subjects
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OLDER people , *FAMILY policy , *SOCIAL policy , *INCOME inequality , *PARENTS , *SOCIAL services , *PENSION reform - Abstract
Thailand is among the few developing countries that provide social pension for a significant majority of its older adults. In 2009, the government amended the Old‐Age Allowance (OAA) scheme from a means‐tested to a near‐universal social pension program. Analyzing nationally representative data from the Surveys of Older Persons in Thailand, we found significant changes over the last decade in the patterns of old‐age income sources and filial economic support for parents aged 60 and above. Results show the declining importance of children and the rising significance of OAA as the primary income source. Yet, reliance on OAA was not necessarily associated with a decline in nonmonetary intergenerational support for the parents. Findings reveal that older persons whose main income source was OAA were less likely than others to report income adequacy and positive psychological well‐being, suggesting that the scheme may have little impact in dampening inequality among older Thais. [ABSTRACT FROM AUTHOR]
- Published
- 2021
- Full Text
- View/download PDF
16. Old-Age Income Security and Tourism Demand: A Quasi-Experimental Study.
- Author
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Pak, Tae-Young
- Subjects
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TOURISM impact , *PENSION reform , *INCOME , *TOURISM , *INCOME maintenance programs , *TOURISM websites - Abstract
A growing number of countries have introduced noncontributory pension to guarantee a minimum income for disadvantaged seniors. The current state of knowledge does not inform us how this change has impacted senior tourism demand and industry. Additional pension income may relax budget constraints and provide an opportunity to fulfill a desired level of tourism. For disadvantaged elderly, however, its impact on tourism choice is not clear because of consumption needs for other necessities and limited mobility. This study examines a recent social pension reform in South Korea to study the impact of old-age income security on tourism demand. We find that a doubling of public pension benefits is associated with an average of 23–59.5% increase in travel frequency and 52–96% rise in travel spending among benefit-eligible seniors. These results suggest that pension reforms aiming to improve old-age income security will have a positive influence on the tourism and hospitality industry. [ABSTRACT FROM AUTHOR]
- Published
- 2020
- Full Text
- View/download PDF
17. Do Social Pension and Family Support Affect Farmers’ Land Transfer? Evidence from China
- Author
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Zuojuan Li, Guofeng Li, Ke Zhang, and Jingxin Zhu
- Subjects
social pension ,family support ,land transfer ,probit model ,structural equation model ,Agriculture - Abstract
The issues of farmers’ old-age security and land use have long been the focus of Chinese scholars’ and governmental attention. Land transfer plays a vital role in promoting agricultural scale operations, adjusting agricultural structures, and improving land utilization, while the old-age security function of land is one of the important factors affecting land transfer. Based on the data of the China Health and Retirement Longitudinal Study (CHARLS), this study uses the probit and structural equation models to explore social pension and family support mechanisms and pathways with regard to farmers’ land transfer. The results show that: (1) Social pension has a significant negative effect on farmers’ rent-out land, but a significant positive effect on rent-in land. Compared to farmers who do not participate in the New Rural Pension System (NRPS), the probability of rent-out land for farmers who participated in NRPS decreased by 2.44%, and rent-in land increased by 2.26%. (2) Family support has a significant positive effect on farmers’ rent-out land, but a negative effect on rent-in land. (3) Agricultural labor time plays a mediating role in the effect of social pension and family support on both farmers’ rent-out land and rent-in land.
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- 2022
- Full Text
- View/download PDF
18. Do pensions reduce the incentive to work? Evidence from Egypt
- Author
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Cuong Nguyen Viet and Arouri Mohamed
- Subjects
Pension ,social pension ,impact evaluation ,household welfare ,labour supply ,Egypt. ,Economic growth, development, planning ,HD72-88 - Abstract
In this study we investigate the impact of the receipt of contributory and social pensions on the labour supply of individuals in Egypt, using individual fixed-effect regressions and panel data from the Egypt Labour Market Panel Surveys in 2006 and 2012. The study compares the effect of social pensions and contributory pensions. We find that the receipt of contributory pensions reduces the probability of working as well as the probability of having a waged job of household members aged from 15. The receipt of social pensions has no significant effect on the probability of working for those aged 15-60. However, receiving social pensions can reduce both working and labour market participation of people aged over 60.
- Published
- 2018
- Full Text
- View/download PDF
19. Do Social Pensions Help People Living on the Edge? Assessing Determinants of Vulnerability to Food Poverty Among the Rural Elderly.
- Author
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Zhang, Zhaohua, Luo, Yuxi, and Robinson, Derrick
- Subjects
- *
RURAL poor , *REGRESSION discontinuity design , *PENSIONS , *LINEAR programming - Abstract
This study investigates the effect of the New Rural Pension Scheme (NRPS) on the ex post food poverty and ex ante vulnerability of the rural elderly across different regions, by applying a nationally representative survey dataset. Using province-specific food poverty lines calculated by a least-cost linear programming approach, the overall estimated vulnerability to food poverty in rural China is 28.7%, with a majority of them being vulnerable due to low expected food expenditure. Regional analysis indicates that more developed regions experience lower food poverty incidence and vulnerability compared with less developed regions. To address the endogeneity of pension payment, a fuzzy regression discontinuity design finds that pension income significantly increased the expected food expenditure amongst the elderly, thus decreasing the vulnerability. Estimation results for heterogeneous groups suggest that the NRPS worked better for the elderly who are chronically poor and those who are vulnerable due to low expected food expenditure. [ABSTRACT FROM AUTHOR]
- Published
- 2020
- Full Text
- View/download PDF
20. Access to Social Security for the Rural Elderly in Vietnam.
- Author
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Tran Quy Long
- Subjects
SOCIOECONOMICS ,SOCIAL security ,ELDER care ,RURAL geography ,HIGHER education - Abstract
Copyright of Wieś & Rolnictwo is the property of Instytut Rozwoju Wsi & Rolnictwa, Polska Akademia Nauk and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2019
- Full Text
- View/download PDF
21. Family support or social support? The role of clan culture.
- Author
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Zhang, Chuanchuan
- Subjects
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CLANS , *SOCIAL support , *SOCIAL norms , *OLD age pensions , *OLD age -- Social aspects , *FAMILY relationships of older people , *SERVICES for older people - Abstract
This paper examines the impact of cultural norms on arrangements made for old-age support. Using data from a recent national household survey in China, I show that clan culture is significantly associated with a set of individual values about the purpose of childbearing. I then find that, among older people in rural China, clan culture is positively related to birth rates and the likelihood of having a son, coresidence with adult or married sons, and receiving financial transfers from non-coresident children. Finally, I find a significantly negative relationship between clan culture and enrollment in social pension programs. The overall results indicate that cultural norms have a significant influence on arrangements for old-age support. [ABSTRACT FROM AUTHOR]
- Published
- 2019
- Full Text
- View/download PDF
22. The 'socialist revolution' in the Seychelles
- Author
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Daniel Künzler
- Subjects
Seychelles ,socialist revolution ,universal social policy ,social pension ,free health care ,Social Sciences ,Sociology (General) ,HM401-1281 - Abstract
After the “socialist revolution” in 1977, the Seychelles introduced a universal social pension, free education and free health care. This path of the Seychelles to universal social policies is unique in several regards. On the one hand, the policies were financed by economic growth triggered by a non-dogmatic economic policy that focused on three partly state-led, partly privately driven key sectors. Especially important were services (tourism, finance) that replaced the colonial plantation economy. On the other hand, the country also successfully navigated the Cold War by attracting capitalist development aid to finance “socialist” policies. Finally, social policies contributed to a relatively high standard of living and persisted throughout economic and political liberalisation.
- Published
- 2018
- Full Text
- View/download PDF
23. Effects of Old-Age Public Transfer on the Well-Being of Older Adults: The Case of Social Pension in South Korea.
- Author
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Lee, Seungho, Ku, Inhoe, and Shon, Byongdon
- Subjects
- *
POVERTY reduction , *SOCIAL security , *FAMILIES , *LABOR incentives , *INCOME , *PAY for performance , *METROPOLITAN areas , *PENSIONS , *PATIENT participation , *WELL-being , *RESEARCH bias ,DEVELOPED countries - Abstract
Objectives This study examines the effects of the social pension reform on the well-being of older adults in Korea. Our study provides an estimate of the impacts of social pension in an industrialized and urbanized context. Methods We use monthly panel data from the Household Income and Expenditure Survey of the Korea Statistical Office. We identify the effects of social pension by utilizing an exogenous variation in the benefit level generated by the reform in 2014. We apply a triple-differences approach to remove potential selection biases related to program participation. Results The higher benefit increases gross income. It does not decrease primary income and private transfer income. It increases consumption and reduces poverty significantly. Discussion Our findings contrast with those from the literature. The Korean literature fails to find positive effects on the well-being of older persons. The literature of other countries finds negative incentive effects. The discrepancy may result from differences in methodological approaches and social and cultural contexts and institutional characteristics of the social pension. [ABSTRACT FROM AUTHOR]
- Published
- 2019
- Full Text
- View/download PDF
24. Poverty alleviation, coverage and fiscal sustainability: Investigating the effect of a new social pension in Hong Kong.
- Author
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Kühner, Stefan and Chou, Kee‐Lee
- Subjects
- *
SOCIAL skills , *SOCIAL acceptance , *POPULARITY , *PENSIONS - Abstract
This article synthesises the characteristics of social pensions across Asia and evaluates the effect of a new social pension in the Hong Kong SAR, the Old Age Living Allowance (OALA), on poverty alleviation, coverage rates and fiscal sustainability. We found that the effectiveness of the OALA in reducing old‐age poverty was limited, although it has led to an increase of retirement pension coverage by 6%. The OALA is projected to face substantial cost increases in the medium and longer term. Increasing the level of OALA benefits would be a direct means to enhance its poverty alleviation effect but may potentially be hampered by concerns about the fiscal sustainability of such changes. More obfuscated alternatives for Hong Kong policy makers to affect old‐age poverty alleviation include adjusting the indexing rules of benefit level payments and the eligibility criteria to reduce the stigma attached to the current policy choices. [ABSTRACT FROM AUTHOR]
- Published
- 2019
- Full Text
- View/download PDF
25. LOS COMPONENTES DEL DISEÑO DE PROGRAMAS PÚBLICOS: EL CASO DE LAS PENSIONES SOCIALES LOCALES EN IBEROAMÉRICA.
- Author
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ROSAS ARELLANO, JARUMY
- Abstract
Copyright of Revista Enfoques: Ciencia Política y Administración Pública is the property of Universidad Central de Chile and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2018
26. The Effect of the New Rural Social Pension Insurance Program on the Choice of Medical Institutions for Rural Elderly
- Author
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Keya Zeng
- Subjects
Demographic economics ,Business ,Chinese family ,Social pension - Abstract
To explore the effect of the New Rural Social Pension Insurance (NRSPI) program on the choice of medical institutions for rural elderly is not only an effective entry point to test the influence of the NRSPI program, but also plays an significant role in maintaining people's health, improving our nation’s retirement pension system and the construction of the new countryside. To this end, based on the five periods of Chinese Family Panel Studies (CFPS) data from 2010 to 2018, this paper used Logit model and DID model to empirically investigate the impact of the NRSPI program on the choice of medical institutions for rural elderly. The empirical results show that: first, the NRSPI program can significantly promote the rural elderly to choose higher level of medical institutions for medical treatment. Specifically, receiving the NRSPI pension will increase the probability of rural elderly choosing hospitals at the county level and above by 8.6%, the hospitals at the township level by 2.5%, and will decrease the likelihood of choosing hospitals at the village level by 5.5%.Second, the effects of the NRSPI program are heterogeneous. Compared with the rural elderly in high income families, the program has a greater impact on the choice of medical institutions for those in low income families. Compared with the rural elderly in the eastern region, the program has a greater impact on the selection of county level hospitals and above by those in the central and western regions, but has less impact on the selection of village level hospitals.
- Published
- 2021
- Full Text
- View/download PDF
27. Social Security and Population Ageing in Vietnam: A Guarantee for the Elderly People’s Life
- Author
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Thanh Dao, Binh, ThiBich Tran, Ngoc, Anzelmovna Barysheva, Galina, Si Tran, Lam, Thanh Dao, Binh, ThiBich Tran, Ngoc, Anzelmovna Barysheva, Galina, and Si Tran, Lam
- Abstract
Demographic change affects the socio-economic development of any country. In Vietnam, the population and housing censuses from 1989 to 2019 showed an appreciable increasing proportion of the elderly in the total population and fast ageing pace. Older people have many difficulties in their life. Among them, only 27% have pensions or stable incomes, and the rest 73% live without pensions, facing many difficulties. Vietnam is a developing country, and social security policies are in the process of completion. Therefore, improving the social security system, as well as creating opportunities for active ageing and wellbeing for older people, was one of the strategic goals of the Long-Term Development Plan that Vietnam’s government has been carried out for more than half a century. In this article, the issues of demographic change, population ageing, social security system, social assistance and pension benefits as the actual sociological problem are studied by using quantitative methods and comparative analysis approach to confirm the research questions; the proposals made by the authors can be helpful for today’s reforming social security system in Vietnam and social policy making in context of ageing in Vietnam where a large number of elderly people do not have any social benefits.
- Published
- 2022
28. Analysis of the role of occupational annuity in the reform of the socialist pension security system.
- Author
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YIGE LIU
- Subjects
- *
ANNUITIES , *PENSIONS , *PUBLIC institutions , *BUSINESS development ,SECURITY measures - Abstract
Occupational annuity, as a supplementary means of basic pension security, plays an important role in the reform of the socialist pension security system in China. Establishing and perfecting occupational annuity will not only help to improve the pensions system, but also help to narrow the gap between enterprises and institutions, and it will establish an effective incentive mechanism for talented people so as to enhance the efficiency of staff management in public institutions. Occupational annuity is not only related to the long-term development of institutions, but also affects the vital interests of public officials. Starting with the concept and characteristics of occupational annuity, this paper tries to analyze the role of occupational annuity in the reform of the socialist pension security system. [ABSTRACT FROM AUTHOR]
- Published
- 2017
29. Can China’s new rural social pension insurance adequately protect the elderly in times of population ageing?
- Author
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Tao, Jikun
- Abstract
With the migration of young people from the rural to the urban regions in China, the growth of the ageing population in the rural regions has been accelerating. Concurrently, since 2009, China has begun to implement a new rural social pension insurance scheme. Can the new rural social pension insurance adequately protect China’s rural elderly in times of population ageing? This paper analyses the benefits to the rural elderly under China’s new rural social pension insurance and finds that the insurance cannot adequately protect its rural elderly population. Further, the insurance scheme still has many problems that need to be resolved. China should revise its new rural social pension insurance to adapt to its ageing population. [ABSTRACT FROM PUBLISHER]
- Published
- 2017
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30. Senior Citizens during COVID-19 Crisis in the Philippines: Enabling Laws, Current Issues, and Shared Efforts
- Author
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Michael B. Cahapay
- Subjects
business.product_category ,Coronavirus disease 2019 (COVID-19) ,media_common.quotation_subject ,Globe ,Context (language use) ,General Medicine ,Social pension ,Goods and services ,medicine.anatomical_structure ,Political science ,Perception ,Law ,Internet access ,medicine ,business ,Welfare ,media_common - Abstract
While COVID-19 affects all ages, there is an unheard side of a vulnerable group of older people across the globe amid the current crisis. This article discusses the condition of senior citizens in the Philippines during the COVID-19 crisis. The review showed that various enabling laws have been enacted to secure the welfare of senior citizens. However, the current crisis revealed issues such as deprivation of income sources, inaccessibility to essential needs, inadequate physical space, and unspoken negative perceptions, which all greatly affect the senior citizens. Thus, to implement the laws and solve the issues, shared efforts should focus to improve social pension payout, guidelines for mobility, different approaches of remote access to essential goods and services, and meaningful internet connectivity in the context of senior citizens.
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- 2021
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31. Does a universal non‐contributory social pension make sense for rural China?
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John B. Williamson, Jessica K. M. Johnson, Ce Shen, and Zhenhe Chi
- Subjects
education.field_of_study ,Public Administration ,Sociology and Political Science ,050204 development studies ,05 social sciences ,Economics, Econometrics and Finance (miscellaneous) ,Population ,Pillar ,Social pension ,0506 political science ,Political science ,0502 economics and business ,050602 political science & public administration ,education ,China ,Humanities - Abstract
China’s pension reform during the past three decades has allowed a majority of China’s population to be covered by a pension scheme. Of particular note has been the New Rural Pension Scheme (NRPS), a voluntary programme introduced starting in 2009. One goal of our analysis is to assess that pension scheme, using a variety of sources of information including data drawn from recent (2013 and 2015) nationwide China Health and Retirement Longitudinal Surveys (CHARLS). Our analysis involves an exploration of differences between the generosity and structure of the NRPS and other pension schemes currently in place. We also explore the feasibility of reforming the current “quasi‐social pension” component of the NRPS by substituting a universal non‐contributory social pension pillar. In connection with our assessment of the NRPS, we note the unusually low benefit levels for rural China. Au cours des trente dernieres annees, la reforme des pensions en Chine a permis a la majorite de la population d’etre couverte par un regime de pension. Dans ce contexte, nous avons en particulier analyse le nouveau regime de pension rural (NRPR), un programme volontaire introduit a partir de 2009. L’un des objectifs de notre analyse est d’evaluer ce regime de pension, a l’aide de diverses sources d'information, y compris des donnees tirees des recentes enquetes longitudinales sur la sante et l’emploi en Chine menees en 2013 et 2015 dans l’ensemble du pays. Nous analysons notamment les differences entre la generosite des indemnites et la structure du NRPR ainsi que d’autres regimes de pension d’ores et deja mis en place. Nous etudions par ailleurs la possibilite de reformer l’actuelle composante de «pension quasi‐sociale» du NRPR en integrant un pilier de pension sociale universelle non contributive. Dans le cadre de notre analyse du NRPR, nous constatons un niveau des allocations inhabituellement bas pour la Chine rurale. La reforma de las pensiones realizada en China en las ultimas tres decadas ha permitido cubrir a la mayoria de la poblacion de China con un regimen de pensiones. En este contexto destacamos el nuevo Regimen de Pensiones Rurales (RPR), programa voluntario introducido en 2009. Uno de los objetivos de nuestro analisis es evaluar dicho regimen utilizandoa diversas fuentes de informacion, incluidos datos extraidos de recientes encuestas longitudinales sobre salud y jubilacion realizadas en China en 2013 y 2015. En nuestro analisis estudiamos las diferencias entre la generosidad y la estructura del RPR y otros regimenes de pensiones existentes. Tambien examinamos la posibilidad de reformar el actual componente de pension “casi social” del RPR sustituyendolo por un pilar de pension social universal no contributivo. En el marco de nuestra evaluacion observamos unos niveles de prestaciones inusualmente bajos para la China rural. Chinas Rentenreform hat es in den letzten drei Jahrzehnten ermoglicht, die Mehrheit der Bevolkerung Rentensystemen zu unterstellen. Besonders bemerkenswert ist das Neue landliche Rentensystem (New Rural Pension Scheme, NRPS), ein freiwilliges Programm, das seit 2009 besteht. Ein Ziel unserer Analyse ist es, dieses Rentensystem gestutzt auf eine Vielfalt von Informationsquellen, darunter Daten aus jungsten (2013 und 2015) landesweiten Langzeiterhebungen uber Gesundheit und Renten in China (China Health and Retirement Longitudinal Surveys, CHARLS), zu beurteilen. Unsere Analyse untersucht die Unterschiede bei Groszugigkeit und Struktur zwischen dem NRPS und anderen heute bestehenden Rentensystemen. Wir prufen auch die Reformierbarkeit der aktuellen „Quasi‐Sozialrenten“‐Komponente des NRPS durch deren Ersatz durch eine universelle nicht‑beitragsfinanzierte Sozialrentensaule. In Verbindung mit unserer Beurteilung des NRPS stellen wir fest, dass die Rentenniveaus im landlichen China ungewohnlich niedrig sind. За последние тридцать лет китайская пенсионная реформа позволила включить в пенсионную программу большинство населения страны. Особенно стоит отметить внедрённую в 2009 г. Новую пенсионную программу для сельского населения (New Rural Pension Scheme ─ NRPS), которая предусматривает добровольное участие. Её оценка является одной из целей нашего анализа, проводимого на основании многих источников информации, в том числе и национальном лонгитюдном исследовании по вопросам здравоохранения и пенсионной системы Китая (China Health and Retirement Longitudinal Surveys ─ CHARLS) за 2013 и 2015 гг. В работе изучено отличия между выплатами и структурой Новой пенсионной программы для сельского населения и другими действующими пенсионными системами. Также рассмотрено возможность реформирования ныне используемой в этой программе «псевдосоциальной пенсии» и замены её на всеобщую безвзносовую социальную пенсию. По результатам оценки NRPS можно сделать выводы о необычно низком уровне выплат сельскому населению Китая. 中国过去30年的养老金改革让大部分的中国人获得养老金制度的保障。特别值得一提的是2009 年推出的被称为“新型农村社会养老保险”(简称新农保)的一项自愿性计划。我们的分析目的之一, 是利用取自多个来源的资料来评估这项养老金方案。这些资料包括取自近期在全中国进行的中国健康与养老追踪调查(2013 与 2015 年)的数据。我们的分析涉及探讨新农保与其它现行养老金方案之间在慷慨度与结构上的差异。我们还探讨了通过替代普惠制非缴费性社会养老金部分从而改革新农保现行“准社会养老金”的可行性。在对新农保进行评估时, 我们注意到了中国农村异常低的福利水平。 سمحت الإصلاحات التي أجريت على نظام المعاشات التقاعدية في الصين خلال العقود الثلاثة السابقة لأغلبية السكان في الصين بالاستفادة من التغطية بخطة المعاشات التقاعدية. ومن الملاحظ بوجه خاص إدراج الخطة الجديدة للمعاشات التقاعدية في المناطق الريفية، وهو برنامج طوعي أدرج في بداية عام 2009. ومن أهداف هذا التحليل تقييم خطة المعاشات التقاعدية هذه باستخدام مجموعة متنوعة من مصادر المعلومات بما فيها البيانات الأخيرة (2013 و2015) المستمدة من الدراسات الاستقصائية الطولانية التي أجريت في جميع أرجاء الصين بشأن الصحة والتقاعد في الصين. واستعرضنا في دراستنا الفروق بين سخاء خطة المعاشات التقاعدية في المناطق الريفية وهيكلها وغيرها من الخطط القائمة حاليا. كما استعرضنا مدى إمكانية إصلاح عنصر "المعاشات التقاعدية الشبه اجتماعية" في خطة المعاشات التقاعدية في المناطق الريفية من خلال استبداله بركيزة امعاشات تقاعدية اجتماعية شاملة غير قائمة على الاشتراكات. ولاحظنا، لدى تقييمنا لخطة المعاشات التقاعدية في المناطق الريفية، أن مستويات المنافع منخفضة بشكل كبير في المناطق الريفية في الصين. A reforma previdenciaria na China ao longo das ultimas tres decadas possibilitou que a maioria da populacao chinesa fosse coberta por um regime previdenciario. Destaca‐se o novo regime rural de previdencia (NRPS, New Rural Pension Scheme), programa voluntario introduzido a partir de 2009. Um objetivo da nossa analise e avaliar esse regime previdenciario, a partir de diversas fontes de informacao, entre as quais dados recentes (2013 e 2015), extraidos de pesquisas longitudinais em saude e aposentadoria na China (CHARLS, China Health and Retirement Longitudinal Surveys) em âmbito nacional. A nossa analise estuda as diferencas entre a generosidade e a estrutura do NRPS e outros regimes previdenciarios atualmente em vigor. Tambem exploramos a viabilidade de reformar o atual componente “quase social da aposentadoria” do NRPS e substitui‐lo por um pilar universal de aposentadoria social nao‐contributiva. Aliada a nossa avaliacao dos NRPS, observamos os niveis de beneficios incomumente baixos para a China rural.
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- 2020
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32. The Danish Law Model
- Author
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Hansen, Frederik, Spahn, Paul Bernd, editor, and Pearson, Mark, editor
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- 1998
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- View/download PDF
33. Grandfathers and Grandsons: Social Security Expansion and Child Health in China
- Author
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Yang, Jinyang and Chen, Xi
- Subjects
intra-household allocation ,I38 ,China ,H23 ,J22 ,inter-generational relationship ,migration ,O15 ,ddc:330 ,social pension ,child health ,H31 ,H55 ,living arrangement - Abstract
We examine the multigenerational impacts of a nationwide social pension program in China, the New Rural Pension Scheme (NRPS). NRPS was rolled out in full scale since 2012, and rural enrollees over age 60 are eligible to receive a minimum of 70 CNY non-contributory monthly pension. We leverage age eligibility and variations in pension receipt to identify the inter-generational effect of NRPS on health among grandchildren. We find NRPS substantially increases child weight without impacting height. Overall, child BMI z score increases by 1.09, which is largely driven by grandfathers' pension receipt raising rates of overweight and obesity among grandsons. Among the potential mechanisms, our findings are more plausibly explained by a mixture of income effect, son preference, and rising inter-generational co-residence and childcare.
- Published
- 2022
34. The impacts of social pension on rural household expenditure: evidence from China.
- Author
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Zheng, Huamao and Zhong, Teng
- Subjects
- *
GOVERNMENT policy , *PENSIONS , *FOOD consumption , *AGRICULTURAL productivity , *HOUSEHOLDS & economics , *INCOME - Abstract
In 2009, China began to implement a new social pension scheme in rural areas. We examine the impacts of this social pension on two main components of rural household expenditure, consumption and agricultural production investment. Our findings show that on average, rural households increase consumption by 1-3% and agricultural investment by as high as 6-9% in pilot counties. Further estimations reveal that the pension mainly affects the households with old-aged members and the poorer families, and that the saving rate hasn't been changed by the pension, which support more the contingent income than the life-cycle hypothesis. We also find that among various types of expenditures, the most dramatic increases have occurred in food consumption and operational inputs on agricultural production. [ABSTRACT FROM AUTHOR]
- Published
- 2016
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35. Portugal
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Hunter, Brian and Hunter, Brian, editor
- Published
- 1992
- Full Text
- View/download PDF
36. The Impact of Social Pension Scheme on Farm Production in China: Evidence from the China Health and Retirement Longitudinal Survey
- Author
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Tongwei Xie, Changjiang Xiong, Qing Xu, and Tianshu Zhou
- Subjects
Male ,Rural Population ,China ,Pensions ,Retirement ,social pension ,Urban and Rural Residents Pension Scheme ,farm production ,Farms ,Health, Toxicology and Mutagenesis ,Public Health, Environmental and Occupational Health ,Humans ,Longitudinal Studies ,Aged - Abstract
How does a social pension scheme affect farm production? This study addresses this question by investigating the effect of social pension on farm production by taking Urban and Rural Residents Pension Scheme (URRPS) in China as an illustration. Based on the implementation of the policy before and after the unification of URRPS, this paper uses the China Health and Retirement Longitudinal Survey (CHARLS) in 2011, 2013, 2015, and 2018 and conducts an analytical framework of the difference-in-difference model. The results show that, although the impact of URRPS on labor productivity is not significant, the pension income of URRPS significantly improves the land productivity of elderly farmers. Furthermore, the land productivity effect is larger for male farmers. This paper reveals the certain role played by pension scheme in promoting farm production, providing insights on alleviating the pressure of farm production brought by agricultural labor aging.
- Published
- 2021
37. Labor Participation of Retirement-aged Workers
- Author
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Jiannan Li, Bocong Yuan, and Junbang Lan
- Subjects
Retirement ,Population ageing ,Activities of daily living ,Mechanism (biology) ,Health Status ,Public Health, Environmental and Occupational Health ,Individual level ,Social pension ,Social Security ,Pensions ,Late career ,Activities of Daily Living ,Humans ,Demographic economics ,Stepwise multiple regression analysis ,Psychology ,Aged - Abstract
Background Delayed retirement initiative is taken as one of the proposed solutions to population aging. Rare research attention has been paid to determinants in decisions-making of late retirement. Method This study applies data from CHARLS survey (2018) that traces the health status among older adults in China, and implements the stepwise multiple regression analysis adjusted with robust standard errors on individual level. Results The difficulty in instrumental activities of daily living (IADLs) and chronic conditions could increase the intention of retirement-aged workers to withdraw from late career participation; and the overlay of both would interact to reinforce such intention. Besides, the employment-related social pension participation could further strengthen the jointly contributing effect of both on withdrawal from late career participation. Conclusion The triple interaction mechanism in retirement-aged workers' decisions of late retirement needs considering in the policy formulation of delayed retirement initiative.
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- 2021
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38. Social protection for happiness? The impact of social pension reform on subjective well-being of the Korean elderly
- Author
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Tae-Young Pak
- Subjects
Economics and Econometrics ,Pension ,Quality of life (healthcare) ,Social protection ,media_common.quotation_subject ,Economics ,Life satisfaction ,Demographic economics ,Social Welfare ,Subjective well-being ,Welfare ,Social pension ,media_common - Abstract
Expanding the scope of the traditional indicators used to assess economic progress with measures of subjective well-being has been of growing importance in policy modeling. A recent Stiglitz-Sen-Fitoussi report argued that policy decisions and welfare evaluations should be approached from a broader perspective on well-being and take into account metrics derived from self-reports of living conditions. To this end, we evaluate the efficacy of the 2014 social pension reform in South Korea using various measures of subjective well-being. The South Korean government introduced a basic old-age pension in 2008 and doubled its monthly benefits in 2014. The reform in 2014 represents one of the largest social welfare expansions in South Korean history, with an aim to improve seniors’ quality of life. Using data from the Korean Longitudinal Study of Aging, we estimate a matched difference-in-differences model that isolates the causal effects of the benefit increase attributable to the reform. Results show that the reform was associated with an average of 4.8–5.7% increase in financial satisfaction among beneficiaries, and that this correlation was more pronounced for retirees, seniors above age 70, and those at the bottom of wealth distribution. However, there is insufficient evidence to conclude that satisfaction with health status, parent-child relationship, and overall quality of life has improved in response. Our findings are in contrast to the past evidence on objective welfare gains associated with pension expansion. Taken together this study calls for the use of self-reported well-being data in policy evaluation.
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- 2020
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39. Impact of the Pensión 65 social program on spending on food, 2017-2018
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Juan Inquilla Mamani and Alfredo Pelayo Calatayud Mendoza
- Subjects
Household survey ,Programas sociales--Perú ,Political science ,Welfare economics ,Consumo de alimentos--Perú ,Per capita ,Programa Nacional de Asistencia Solidaria - Pensión 65 (Perú) ,General Social Sciences ,National level ,General Economics, Econometrics and Finance ,Linea ,Social pension ,Social program - Abstract
The objective of this article is to estimate the impact of the Pension 65 social program on per capita expenditures on food. The study is based on a quantitative methodological perspective, using the differences-in-differences technique with propensity score matching (DD-PSM). For this purpose, the database of the 2017-2018 National Household Survey (ENAHO) is used, both for the treatment and the control group. The unit of analysis are Peruvian households at the national level that participated in the program for two consecutive years, with 2017 as the baseline. The results obtained indicate that per capita expenditure on food has increased by 15.02% for those households that receive the Pensión 65 program., El objetivo de este artículo es estimar el impacto del programa social Pensión 65 sobre el gasto per cápita en alimentos. El estudio se basa en una perspectiva metodológica cuantitativa, con la técnica de doble diferencia con propensity score matching (DD-PSM). Para este fin, se utilizan la base de datos de la Encuesta Nacional de Hogares (Enaho) 2017-2018, tanto para grupo de tratamiento como para el de control. La unidad de análisis son los hogares del Perú a nivel nacional que participan dos años consecutivos en el programa, y se toma como línea de base el año 2017. Los resultados obtenidos indican que el gasto per cápita en alimentos se ha incrementado en 15,02% para aquellos hogares beneficiarios del programa Pensión 65.
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- 2020
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40. Between welfare state and (state-organised) charity
- Author
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Kerem Öktem and Cansu Erdogan
- Subjects
Turkey ,Policy paradigm ,Sociology and Political Science ,05 social sciences ,Welfare state ,Policy analysis ,Social pension ,Social policy ,Waqf ,Solidarity ,0506 political science ,Political science ,Political economy ,Discursive institutionalism ,0502 economics and business ,Institutionalism ,Social assistance ,050602 political science & public administration ,050207 economics ,General Economics, Econometrics and Finance ,Social Right - Abstract
PurposeOver the last four decades, Turkey has built an elaborate social assistance regime, which provides extensive coverage of the poor but lacks some of the key characteristics of European minimum income protection systems. The purpose of this paper is to explore what ideational roots underlie the regime and how these ideas and paradigms historically shaped the structure of the regime. The paper focuses on two central social assistance legislations: the social pensions law of 1976 and the Law that established the Fund for the Encouragement of Social Cooperation and Solidarity in 1986.Design/methodology/approachBased on a discursive institutionalist approach, the paper combines a qualitative content analysis of parliamentary debates and official reports with a policy analysis of social assistance legislations in Turkey.FindingsThe paper shows that two competing policy paradigms shaped the ambivalent structure and design of Turkey social assistance regime: a welfare state paradigm and a state-organised charity paradigm. The welfare state paradigm, which perceives social assistance as a social right, was dominant in the 1970s and is embodied in the social pension programme. The state-organised charity paradigm, which aims to reinvigorate the Islamic tradition of charitable foundations (waqf), was dominant in the 1980s and is embodied in the Fund for the Encouragement of Social Cooperation and Solidarity. Today’s social assistance regime combines both elements in a curious synthesis.Originality/valueThe paper contributes to comparative social policy research and discursive institutionalism by uncovering the historical and ideational foundations of a largely neglected case, social assistance in Turkey.
- Published
- 2019
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41. Necessity and Countermeasure Analysis of Pension Finance Development Based on State Space Model
- Author
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Xiaolian Zhou
- Subjects
Finance ,Matching (statistics) ,education.field_of_study ,Pension ,Countermeasure ,business.industry ,Population ,business ,education ,China ,Social pension ,Financial services ,Pace - Abstract
China entered an aging society in the late 1990s, with the deepening of aging and the emergence of pension problems. China's population pension market is extremely large, but the reality is that today's pension burden is mainly borne by families, and the social pension burden and pension security pressure are increasingly heavy. There are still some gaps in the mechanism and system matching with the pension financial policy, and there are cognitive biases at different levels in all sectors of society, which makes the pace of pension financial reform slow down. The financial industry mainly includes banking, trust, insurance and securities. These industries constantly innovate their business in an aging society due to changes in demand, which has led to the constant adjustment and improvement of aging finance. Based on the state space model, this paper analyzes the present situation of Chinese residents' pension, puts forward the concept of pension finance, and systematically demonstrates the necessity of the development of pension finance, so as to improve the pension system and support the development of Chinese residents' pension cause.
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- 2021
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42. Do Social Pension Schemes Promote the Mental Health of Rural Middle-Aged and Old Residents? Evidence From China
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Guochen Pan, Shaobin Li, Zhixiang Geng, and Kai Zhan
- Subjects
Adult ,Rural Population ,medicine.medical_specialty ,China ,Family support ,Social pension ,Social insurance ,03 medical and health sciences ,Pensions ,0302 clinical medicine ,Depression (economics) ,030502 gerontology ,medicine ,Humans ,030212 general & internal medicine ,Longitudinal Studies ,urban-rural resident social pension ,health care economics and organizations ,Original Research ,Consumption (economics) ,Pension ,Public health ,Public Health, Environmental and Occupational Health ,social sciences ,Middle Aged ,Mental health ,new rural social pension ,Mental Health ,depression ,population characteristics ,Demographic economics ,Female ,Business ,Public Health ,Public aspects of medicine ,RA1-1270 ,rural residents ,0305 other medical science ,human activities - Abstract
As China experiences rapid aging, the mental health of older rural adults has become a major public health concern. Among other social insurance programs, the New Rural Social Pension (NRSP) scheme was established to replace part of the income for old-age rural residents in China. This article employs survey data from the China Health and Retirement Longitudinal Study (CHARLS) in 2015 and 2018 to investigate the impact of a pension on depression in middle-aged and old residents. Our results show that the pension scheme not only reduces the depressive symptoms of the rural residents but keeps down the prevalence rate of depression. Among the subscribers of the pension scheme, the pensioners benefit more from enrolling in the pension scheme than the contributors in terms of depression alleviation. The impact of pension on depression displays heterogeneity; female residents, residents in central China, and/or those from lower income households are found to be positively affected. It is also confirmed that a pension scheme contributes to easing depression via reduced labor supply, better family support, and more consumption expenditure.JEL Classification: H55, I18, I38.
- Published
- 2021
43. Pension Provision in Thailand
- Author
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Palacios, Robert and Jain, Himanshi
- Subjects
ELDERLY ,PUBLIC PENSIONS ,WAGE DIFFERENTIAL ,PENSIONS ,SOCIAL PENSION ,DEMOGRAPHIC TRENDS ,SOCIAL SECURITY FUND - Abstract
This report documents the current state of pension provision in Thailand and options for reform that would increase the adequacy and sustainability of the pension system. While the focus here is on income support, the welfare of the elderly depends on many other government policies ranging from labor market policies to aged care and health services. It is also important to assess the pension system in terms of its broader impact on fiscal sustainability and national savings. This analysis can be found in a companion World Bank report that looks at the macroeconomic implications of aging in Thailand. The next section describes the schemes for the formal sector (public and private sector) followed by sections two and three which cover voluntary programs for the informal sector and non-contributory or ‘social’ pensions, respectively. Section four assesses performance based on three criteria, adequacy, sustainability, and coverage. The last section concludes.
- Published
- 2021
44. Health improvements of older adults based on benefit duration: Lessons from Korean social pension policies.
- Author
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Hwang, Inuk and Lee, Tae-Jin
- Subjects
- *
POVERTY reduction , *GRIP strength , *NUTRITION , *COGNITION , *HEALTH status indicators , *INCOME , *SOCIAL security , *GOVERNMENT policy , *PENSIONS , *FINANCIAL stress - Abstract
The social pension, introduced in 2008 in Korea, has now become the most prominent old age income for most older adults. As of May 2022, it paid a monthly benefit of around USD 275 for 6.0 million older persons aged 65 and over who belong to the bottom 70% of the income and asset distribution. Although social pension's objectives focus on alleviating old age poverty and increasing income levels, it also encompasses a clear implication on health: social pension benefit can be spent on items or activities that improve the beneficiary's health. Using the Korean Longitudinal Study on Ageing data, between 2006 and 2018, and the Propensity Score Matching combined with Generalized Difference-In-Differences based on event study design, this study investigates the effects of receiving the social pension on objective measures of health that are representative of health and well-being in old age, by benefit duration. Study results showed that continually receiving social pension significantly improved beneficiaries' grip strength and cognitive ability. Grip strength was improved by 2.3-kg in the fifth year of receiving social pension. Additionally, the cognitive ability (K-MMSE score) was improved by 1.309 points in the first year. Results of descriptive analysis suggested that the social pension may have benefitted the health of the beneficiaries by improving their nutrition, health care utilization, and physical activities, and reducing financial strain and associated stress level. To the best of our knowledge, this is the first study to investigate the cumulative effects of nation-wide social pension programs on older adults' objective health measures by benefit duration up to five years, in a high-income country setting where old age income security systems are under-developed. • First evidence of cumulative effect of social pension on health by benefit duration. • Social pension improved grip strength in the fifth year of receiving the benefit. • Cognitive ability of the elderly beneficiary was immediately improved. • Social pension may benefit health via nutrition, healthcare use, and reduced stress. [ABSTRACT FROM AUTHOR]
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- 2022
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45. Three essays on the economics and policy implications of migration and return migration between Mexico and the U.S.
- Author
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Cañedo Guichard, Ana Paula
- Subjects
- Migration, Return migration, U.S., Mexico, Policy, Reintegration, Social pension, United States
- Abstract
More migrants cross the Mexican-American border than any other international border in the world. Throughout the twentieth century, most migrants crossed from Mexico to the U.S., but since 2010 Mexicans returning to Mexico have outnumbered Mexicans coming to the U.S. This dissertation addresses some of the gaps in our understanding of the policy challenges brought about by this recent reversal in migration trends. Chapter 1 presents a brief narrative of the changing patterns of migration flows between Mexico and the United States as well as a theoretical overview of the key frameworks that have been employed in the study of international migration and return migration. Chapters 2 through 4 consist of three empirical chapters representing the nucleus of this dissertation. Chapter 2 uses data from the National Survey of Occupation and Employment (ENOE) and a difference-in-difference (DID) approach to analyze how Mexico’s social pension program for the elderly impacts different migration outcomes at the household level. Results suggest that social pension benefits increase the probability of other members of rural Mexican households migrating internationally but do not impact domestic migration. The analysis also finds that pension benefits reduce domestic remittances. Chapter 3 integrates municipality-level administrative records and Census data to employ an instrumental variable (IV) strategy that examines how return migration impacts crime and educational performance in the municipalities that migrants return to. Findings indicate that return migration flows positively impact local communities through declines in homicide rates and improvements in the educational performance of those enrolled in lower primary levels, but that they might negatively affect Mexican individuals by increasing the number of sexual crimes that are registered by municipality authorities. Chapter 4 combines survey analysis and semi-structured interviews to identify the employment barriers that return migrants face when reentering the Mexican labor market. This chapter then presents twelve key policy recommendations that support the sustainable reintegration of Mexican return migrants. Chapter 5 concludes with a discussion of the state of the academic literature on Mexico-U.S. migration and the policy implications of the dissertation’s findings.
- Published
- 2022
46. Effects of government cash subsidies on health risk behaviors of the rural elderly: Evidence from social pension expansions in China
- Author
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Xuanxuan Zhang, Shizheng Dong, and Zili Zhang
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rural elderly ,China ,Health (social science) ,Activities of daily living ,media_common.quotation_subject ,Medicine (miscellaneous) ,government cash subsidies ,Social pension ,lcsh:RC254-282 ,03 medical and health sciences ,0502 economics and business ,050207 economics ,media_common ,lcsh:RC705-779 ,Government ,Pension ,030503 health policy & services ,05 social sciences ,Public Health, Environmental and Occupational Health ,Subsidy ,lcsh:Diseases of the respiratory system ,social sciences ,health risk behaviors ,lcsh:Neoplasms. Tumors. Oncology. Including cancer and carcinogens ,humanities ,Cash ,Propensity score matching ,Demographic economics ,Business ,0305 other medical science ,Panel data ,Research Paper - Abstract
Introduction There is relatively little research on the impact of government cash subsidies on health risk behaviors of the elderly in China. We thus analyzed the effect of pension subsidies on the smoking and drinking behaviors of rural elderly using a pension scheme introduced in rural China in 2009. Methods Based on panel data from the Chinese Longitudinal Healthy Longevity Survey (CLHLS) in 2008 and 2011, a Difference-in-Differences (DID) method was applied to comprehensively analyze the impact of the new agricultural insurance on the health risk behaviors of the rural elderly. In order to solve possible sample selection biases, the Propensity Score Matching with Difference-in-Differences (PSM-DID) approach was used. Results We found that the implementation of the government cash subsidies clearly promoted smoking rather than drinking behavior among rural older adults. Specifically, the government cash subsidies facilitated smokers to smoke an additional 2.9 cigarettes/day, and the impact of government cash subsidies on the average cigarettes/day among smokers was more pronounced among the male elderly, lower age elderly, higher income elderly, and elderly with intact instrumental activities of daily living (IADL). Conclusions In order to reduce the negative externalities of old-age subsidies, the government should place some restrictions on the use of cash subsidies for tobacco purchase by the elderly.
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- 2021
47. Research on Demand Forecast of Social Pension Facilities: A Case Study of Chongqing
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Yang Chen, Yu Zhao, and Jiuxia Tan
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Finance ,Pension ,education.field_of_study ,Endowment ,business.industry ,media_common.quotation_subject ,Population ,Demand forecasting ,Social pension ,Service (economics) ,Population growth ,China ,business ,education ,media_common - Abstract
With the deepening of the aging process and the gradual weakening of the family’s endowment ability, the demand of institutional endowment facilities will be increasing in the future. In the face of the present shortage and unreasonable allocation of endowment facilities in Chongqing, this paper combines field investigation with Leslie Matrix model to forecast the demand of the facilities of the aged in Chongqing. Firstly, this paper analyzes the current situation of the aging of Chongqing population and the endowment institution, then the population growth and population structure change of Chongqing during the next 10 years are forecasted and analyzed by using Leslie Model based on the relevant data of Chongqing in the “China’s fifth census” “China’s six census”, so as to forecast the number of old-age beds and the nursing staff needed in the pension institutions in Chongqing. The results show that Chongqing will reach an aging peak in 2019 of which Dadukou District peaking in 2020 and other districts peaking in 2019. At the age of the aging, if the number of old-age beds is allocated according to 8%, the biggest gap of the number of the old-age beds is Wanzhou District with a total gap of 2527 and the smallest district is Dadukou District with a total gap of 257. If the provision of care provider in accordance with the 1:10 ratio, the total number of elderly nursing staff 37290–42147 are needed during the peak period of Chongqing. At the same time, according to the results of the research data, this paper asks the corresponding old-age facilities construction suggestion combined with the actual situation of Chongqing. The research results can provide constructive suggestions for the development of the endowment service in Chongqing and help to promote the efficient and reasonable construction of the endowment facilities in urban institutions.
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- 2021
- Full Text
- View/download PDF
48. Influencing Factors of Farmers’ Risk Perception on Returning Their Lands: Evidence from Chongqing, China
- Author
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Zhaolin Wang
- Subjects
Risk perception ,Pension ,Variables ,media_common.quotation_subject ,Ordered probit ,Residence ,Business ,China ,Livelihood ,Socioeconomics ,Social pension ,media_common - Abstract
The purpose of this paper is to explore the risk perception and its influencing factors of farmers to return their lands in China. We use Ordered Probit Model to examine this topic based on primary data in Chongqing. Our finding indicates that (1) From the risk perception of homestead return: famers’ age, whether major family members settle in city, expectation of life quality after returning lands, trust of land-returning policy have a significant and negative impact on risk perception of famers’ returning. Meanwhile, stable residence lost after returning lands, unable to have enough compensation after returning lands have a significant and positive impact on the risk perception of farmers’ returning homestead (2) From the risk conception of contracted farmlands return: farmers, whether the family has a stable non-agricultural income, whether major family members have the new rural social pension insurance, expectation of life quality after returning lands, trust of land-returning policy have a significant and negative impact on the risk perception of farmers returning contracted farmlands. Meanwhile, variables unable to have stable employment for livelihood after returning lands, unable to have expenditure for pension and medical treatment after returning lands, unable to have enough compensation after returning lands have a significant and positive impact on the dependent variable the risk perception of farmers returning contracted farmlands.
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- 2021
- Full Text
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49. Development of 'Medical Support Integration' Mode Architecture Design under the Background of Aging
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Lexuan Li
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Pension ,Perspective (graphical) ,0211 other engineering and technologies ,Mode (statistics) ,02 engineering and technology ,social sciences ,010501 environmental sciences ,Space (commercial competition) ,01 natural sciences ,Social pension ,humanities ,Medical support ,Environmental sciences ,Nursing care ,Risk analysis (engineering) ,population characteristics ,GE1-350 ,021108 energy ,Business ,Architecture ,human activities ,health care economics and organizations ,0105 earth and related environmental sciences - Abstract
Based on the background of aging, the demand of social pension is increasing day by day. In the face of the continuous development of aging, the plight of shortage of pension resources. Based on the analysis of pension buildings at home and abroad, this paper puts forward a new mode of “Medical Support Integration” architecture, and summarizes the design points of the pension medical care combined architecture. The purpose of this paper is to provide a design basis for the construction of comprehensive and sustainable pension buildings, alleviate the plight of the elderly, and from the perspective of the elderly, fully consider the elderly physical and mental needs, improve the integration of medical and nursing care space, and create a paradise for the elderly.
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- 2021
50. The Politics of Social Protection in Kenya: State Capacity, Political Competition and Social Pension Registration in Marsabit County
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Patrick Mutinda Muthui, Alesha Porisky, and Tahira Shariff Mohamed
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Government ,Pension ,Social protection ,Local government ,Political science ,Social change ,Beneficiary ,Public administration ,Social pension ,Focus group - Abstract
In 2017, the government of Kenya extended its provision of social assistance to the elderly through the transformation of the older persons cash transfer into a social pension which provides cash transfer to those aged 70 plus. This paper examines the process of beneficiary registration for the nationwide social pension, with an explicit focus on registration in Marsabit County in Northern Kenya. Engaging with the statein-society framework, which emphasises the relational nature of state power and state capacity in registering beneficiaries, the paper explores the challenges and possibilities of registration of a nominal ‘universal’ pension in a marginal and peripheral county with limited state infrastructure. Pressure from the national government to register potential beneficiaries with little facilitation within one month preceding the highly contested 2017 national election forced local government officials in peripheral counties like Marsabit to work within the challenges and constraints of the social development office to register beneficiaries. We argue that the state prioritised the visibility of the registration process prior to a contentious election. In doing so, the registration was more successful in achieving visibility than universality in the registration process. Limited resources and weak state reach limited the state’s ability to register all eligible beneficiaries in the vast pastoral county of Marsabit. The process of registration relied heavily on local leaders, including chiefs, clan elders and clan leaders, to overcome human resource constraints, potentially throwing into question the transparency of the process. To make this argument, we examine the social pension registration process in 2017 in Marsabit County. We utilise qualitative data collected across six months in 2018, including key informant interviews and focus group discussions with government officials, community leaders, politicians and beneficiaries. In making this argument, we engage with ongoing debates on universal versus targeting social protection programmes, highlighting the challenges of registration in a peripheral county in Kenya, with a high percentage of pastoral populations.
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- 2021
- Full Text
- View/download PDF
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