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Chapter Chapter Understanding and Allocating Investment Risks in a Hybrid Pension Plan

Peter Albrecht, Joachim Coche, Raimond Maurer, and Ralph Rogalla

in Restructuring Retirement Risks

Published in print:
2006
Published Online:
September 2006
ISBN:
9780199204656
eISBN:
9780191603822
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199204659.003.0011
Subject:
Economics and Finance, Financial Economics

This chapter analyzes pension plan costs and investment strategies in the context of alternative hybrid pension plans, which are optimal either from the perspective of the plan sponsor or the ... More


Summary, Synthesis, and Conclusions, Part 2: Government Policies for Lone Women

Gertrude Schaffner Goldberg

in Poor Women in Rich Countries: The Feminization of Poverty Over the Life Course

Published in print:
2009
Published Online:
February 2010
ISBN:
9780195314304
eISBN:
9780199865574
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195314304.003.0011
Subject:
Social Work, Social Policy

This chapter identifies the economic, social, and equal opportunity policies that facilitate women's achievement of an acceptable standard of living, or an escape from poverty independent of family ... More


Pension Payouts in Chile: Past, Present, and Future Prospects

Jose Ruiz and Olivia S. Mitchell

in Securing Lifelong Retirement Income: Global Annuity Markets and Policy

Published in print:
2011
Published Online:
September 2011
ISBN:
9780199594849
eISBN:
9780191729119
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199594849.003.0007
Subject:
Business and Management, Pensions and Pension Management

This chapter reviews recent developments in the payout market for Chilean pensions, focusing particularly on the role of annuities, and illustrates what makes the payout market in Chile so different ... More


Generosity and Participation: Variations in Urban China’s Minimum Livelihood Guarantee Policy

Qin Gao and Carl Riskin

in Law and Economics with Chinese Characteristics: Institutions for Promoting Development in the Twenty-First Century

Published in print:
2013
Published Online:
May 2013
ISBN:
9780199698547
eISBN:
9780191745522
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199698547.003.0015
Subject:
Economics and Finance, South and East Asia, Macro- and Monetary Economics

The change in property rights regime in urban China, broadly understood, includes the emergence of new claims on behalf of the poor in the form of new social welfare programs. The major such program, ... More


Politics and Policy in China's Social Assistance Reform: Providing for the Poor?

Daniel R. Hammond

Published in print:
2019
Published Online:
May 2021
ISBN:
9781474420112
eISBN:
9781474460149
Item type:
book
Publisher:
Edinburgh University Press
DOI:
10.3366/edinburgh/9781474420112.001.0001
Subject:
Political Science, Asian Politics

Every day in the People's Republic of China tens of millions of people receive help from the state through the minimum livelihood guarantee (dibao). What began as a reform in the city of Shanghai in ... More


The Effect of Pay-When-Needed Benefit Guarantees on the Impact of Social Security Privatization

Kent Smetters

in Risk Aspects of Investment-Based Social Security Reform

Published in print:
2000
Published Online:
February 2013
ISBN:
9780226092553
eISBN:
9780226092560
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226092560.003.0004
Subject:
Economics and Finance, Economic Systems

This chapter adopts a different perspective on government minimum-benefit guarantees in investment-based social security systems. It argues that market prices should be used to evaluate the costs of ... More


Historical Background to Dibao and the Question of Poverty in China

Daniel R. Hammond

in Politics and Policy in China’s Social Assistance Reform: Providing for the Poor?

Published in print:
2019
Published Online:
May 2021
ISBN:
9781474420112
eISBN:
9781474460149
Item type:
chapter
Publisher:
Edinburgh University Press
DOI:
10.3366/edinburgh/9781474420112.003.0002
Subject:
Political Science, Asian Politics

This chapter will provide readers with the historical background to developments in Chinese social assistance. The chapter starts by providing some context for the changes which occurred after 1992 ... More


Rural Dibao: The Countryside and Fragmentation

Daniel R. Hammond

in Politics and Policy in China's Social Assistance Reform: Providing for the Poor?

Published in print:
2019
Published Online:
May 2021
ISBN:
9781474420112
eISBN:
9781474460149
Item type:
chapter
Publisher:
Edinburgh University Press
DOI:
10.3366/edinburgh/9781474420112.003.0005
Subject:
Political Science, Asian Politics

In 2007 the Chinese government nationally implemented the rural dibao programme. The chapter argues that while the circumstances of rural dibao’s implementation were different from its urban ... More


Urban Dibao: The Resolution of Unwanted and Unintended Outcomes, 1999–2003

Daniel R. Hammond

in Politics and Policy in China's Social Assistance Reform: Providing for the Poor?

Published in print:
2019
Published Online:
May 2021
ISBN:
9781474420112
eISBN:
9781474460149
Item type:
chapter
Publisher:
Edinburgh University Press
DOI:
10.3366/edinburgh/9781474420112.003.0004
Subject:
Political Science, Asian Politics

This chapter first highlights the problems faced by both central and local government in shaping dibao into the programme it was intended to be after the initial national roll out in 1997. The ... More


Infrastructure as financial extraction

Nicholas Hildyard

in Licensed Larceny: Infrastructure, Financial Extraction and the Global South

Published in print:
2016
Published Online:
January 2017
ISBN:
9781784994266
eISBN:
9781526108982
Item type:
chapter
Publisher:
Manchester University Press
DOI:
10.7228/manchester/9781784994266.003.0003
Subject:
Political Science, Political Economy

Finance views infrastructure very differently from ordinary people. Yield is the determinant of what is or is not an infrastructure asset. For finance, a road, hospital or oil pipeline is not ... More


Global Environment and International Inequality

Henry Shue

in Climate Ethics: Essential Readings

Published in print:
2010
Published Online:
November 2020
ISBN:
9780195399622
eISBN:
9780197562840
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780195399622.003.0014
Subject:
Environmental Science, Environmentalist Thought and Ideology

My aim is to establish that three commonsense principles of fairness, none of them dependent upon controversial philosophical theories of justice, give rise to the same conclusion about the ... More


Institutionalisation? Achieving Policy in a Fragmented State

Daniel R. Hammond

in Politics and Policy in China's Social Assistance Reform: Providing for the Poor?

Published in print:
2019
Published Online:
May 2021
ISBN:
9781474420112
eISBN:
9781474460149
Item type:
chapter
Publisher:
Edinburgh University Press
DOI:
10.3366/edinburgh/9781474420112.003.0006
Subject:
Political Science, Asian Politics

The penultimate chapter argues that dibao is afflicted by institutionalisation issues common to other policies during the reform era. I use two cases from dibao to examine this lack of ... More


Introduction

Daniel R. Hammond

in Politics and Policy in China's Social Assistance Reform: Providing for the Poor?

Published in print:
2019
Published Online:
May 2021
ISBN:
9781474420112
eISBN:
9781474460149
Item type:
chapter
Publisher:
Edinburgh University Press
DOI:
10.3366/edinburgh/9781474420112.003.0001
Subject:
Political Science, Asian Politics

This chapter serves as an introduction for the reader. It will familiarise them with the topic of the Minimum Livelihood Guarantee (dibao) in China, the existing academic literature on the topic, the ... More


On the Border between “the People” and “the Population”

Mun Young Cho

in The Specter of "the People": Urban Poverty in Northeast China

Published in print:
2013
Published Online:
August 2016
ISBN:
9780801451652
eISBN:
9780801467431
Item type:
chapter
Publisher:
Cornell University Press
DOI:
10.7591/cornell/9780801451652.003.0004
Subject:
Anthropology, Asian Cultural Anthropology

This chapter delves into the contestation between the poor and government officials over the management of urban poverty by focusing on the actual workings of the minimum livelihood guarantee (zuidi ... More


Case study B: Means-tested benefits for older people

Penny Leonard

in Promoting welfare?: Government information policy and social citizenship

Published in print:
2003
Published Online:
March 2012
ISBN:
9781861344885
eISBN:
9781447303091
Item type:
chapter
Publisher:
Policy Press
DOI:
10.1332/policypress/9781861344885.003.0008
Subject:
Sociology, Social Stratification, Inequality, and Mobility

This chapter presents another case study that analyses the government policies to inform older people of their rights to means-tested benefits. It first describes briefly the social security benefits ... More


Chile

Estelle James, Alejandra Cox Edwards, and Rebeca Wong

in The Gender Impact of Social Security Reform

Published in print:
2008
Published Online:
February 2013
ISBN:
9780226392004
eISBN:
9780226392028
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226392028.003.0005
Subject:
Economics and Finance, Public and Welfare

In 1981, Chile replaced a mature, traditional, government-run, pay-as-you-go defined benefit system with a new multipillar system that included a defined contribution plan along with a public benefit ... More


The Limits of Voluntary Employer Action for Improving Low-Level Jobs

Susan J. Lambert

in Working and Living in the Shadow of Economic Fragility

Published in print:
2014
Published Online:
December 2014
ISBN:
9780199988488
eISBN:
9780190218249
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199988488.003.0007
Subject:
Social Work, Social Policy, Research and Evaluation

The practices employers use to contain labor costs in low-level hourly jobs fuel economic insecurity and income inequality. Because labor costs in hourly jobs are mostly variable, not fixed, ... More


Introduction

John Y. Campbell and Martin Feldstein

in Risk Aspects of Investment-Based Social Security Reform

Published in print:
2000
Published Online:
February 2013
ISBN:
9780226092553
eISBN:
9780226092560
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226092560.003.0001
Subject:
Economics and Finance, Economic Systems

The increasing life expectancy in the United States and in other industrial countries is creating a major problem for traditional unfunded social security pension programs. In such pay-as-you-go ... More


Urban Dibao: Emergence and Transition to National Policy, 1992–1999

Daniel R. Hammond

in Politics and Policy in China's Social Assistance Reform: Providing for the Poor?

Published in print:
2019
Published Online:
May 2021
ISBN:
9781474420112
eISBN:
9781474460149
Item type:
chapter
Publisher:
Edinburgh University Press
DOI:
10.3366/edinburgh/9781474420112.003.0003
Subject:
Political Science, Asian Politics

The chapter covers two analytical discussions. The first discusses the emergence and spread of the MLG from the early 1990s. Through analysis of the relationship between the Ministry of Civil ... More


Conclusion

Daniel R. Hammond

in Politics and Policy in China's Social Assistance Reform: Providing for the Poor?

Published in print:
2019
Published Online:
May 2021
ISBN:
9781474420112
eISBN:
9781474460149
Item type:
chapter
Publisher:
Edinburgh University Press
DOI:
10.3366/edinburgh/9781474420112.003.0007
Subject:
Political Science, Asian Politics

In the final chapter of the book I bring the different aspects of diabo’s development, implementation and consolidation explored in the preceding chapters together. First, I provide an explanation ... More


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