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Financing Old Age Care: Definition, Theoretical Framework and Trend

  • Keyong Dong
  • Bo Sun
Chapter

Abstract

Financing old age care is an umbrella term which includes pension finance, financial services for the elderly and finance for the elderly care industry. Pension finance is to manage pension assets in a way to preserve and increase their value; financial services for the elderly are to serve the elderly population’s needs for various financial products; finance for the elderly care industry is to assist the industry in investment and financial activities. Financing old age care is not only significant to an ageing society but also to economic transformation and upgrade. China’s pension finance is seriously lagging behind, calling for greater efforts to close the gap.

Keywords

Financing old age care Pension finance Financial services for the elderly Finance for the elderly care industry 

References

  1. He, Q. (2011). To establish pension finance: an imperative task for China, International Financing, (4).Google Scholar
  2. Hu, J. (2013). Financing old age care: theoretical definition and several practical issues, Finance and Trade Economics, (6).Google Scholar
  3. Yang, Y. (2015). Report on the development of China’s ageing society and old age security, Tsinghua University Press.Google Scholar
  4. Wu, Y. (2014). Old age and retirement industry development, China Social Sciences Academic Press.Google Scholar

Copyright information

© Social Sciences Academic Press and Springer Nature Singapore Pte Ltd. 2018

Authors and Affiliations

  • Keyong Dong
    • 1
  • Bo Sun
    • 2
  1. 1.Renmin University of ChinaBeijingChina
  2. 2.Pensions Management DepartmentChina Asset ManagementBeijingChina

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