Long Q. Trinh

About Long Q. Trinh

Long Q. Trinh is a project consultant at Asian Development Bank Institute.
Author Archive | Long Q. Trinh
Economics, Education, Finance, Governance, Poverty Reduction, Social Development and Poverty

Costs of expanded public pension coverage in emerging Asia

Costs of expanded public pension coverage in emerging Asia
The fiscal burden of public pensions in most emerging Asian economies is relatively small, reflecting relatively young populations and limited coverage of the retired-age population in public pension programs. Nonetheless, these conditions are likely to change dramatically in the coming decades. First, many Asian economies will face rapidly aging populations, which will raise pension and other old-age-related spending substantially. Second, as economies develop, political pressures to expand the coverage of public pensions and raise the level of pension benefits relative to income will likely increase. Read more.