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Study On The Government's Responsibilities In The Transition Of Pension System In UK

Posted on:2012-02-01Degree:DoctorType:Dissertation
Country:ChinaCandidate:Q WuFull Text:PDF
GTID:1119330338494972Subject:World economy
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UK's pension system has developed for hundreds of years, in this process, the government has played a very important role in the system vicissitude. This article will sort out the development process of British Pension System from the perspective of government function, and then, find that the Government's responsibility in pension system has varied in the different economic and social background; the government can get good economic effects by adjusting its pension policy timely. China can draw lessons from the analysis on British pension development process, especially in the aspect of government's function adjustment.This Article is consisted of the following six parts.Chapter 1 Introduction.Mainly introduces some necessary information about the topic of this article. Such as the writing backgrounds, domestic and international research statuses of this topic, the ideas of this article, the research methods, the frame structure and logic, major innovations.Chapter 2 The Basic Theory.This chapter explains that it is necessary for the pension system to transit from informal system to the formal system. Firstly, instability of the family support and the social division of labor which was introduced by industrialization shocked the former pension system arrangement. Secondly, some basic theories, such as Paternalism theory, market failure theory, provide strong theoretical support to the government to manage the pension system. In the last of this chapter, it analyzes that Institutional Transition Theory also provides a scientific explanation to the government-pension- function.Chapter 3 Government's intervention in pension– from free system to payment system.British Government had established the relatively completed pension system during the phase of 1908 to 1942. By analyzing the background of this period, we found that under the intense social struggle, in order to please the people, the government had had to establish a free pension system (1908). This obeyed the basic principle of Combination of rights and obligations in the modern social security system, the implementation of this free system had caused a lot of problems and these problems had promoted the pension reform to the payment system.Chapter 4 The pension system which is controlled by government became pay-as-you-go system.From 1942 to 1979, government strengthen the intervention to the pension system gradually by formulating a series of law -- the control coverage became wider and wider and the benefit level became higher and higher. The young age structure and rapid economic development during this period provided an objective environment for the implement of pay-as-you-go system, and the government's great intervention in the economic area also provide financial support for the implement of the pay-as-you-go system; the government also played an important role through the implementation of the pension laws and regulations and financial expenditure arrangements in the current pension pay-as-you-go system, and had great influence to the labor market, income redistribution and government financial.Chapter 5 Government fades out the Pension System—Market-oriented Reform.From 1979 to now, this is the stage of fading out the pension system by government through market-oriented reform, and reduce appropriately the responsibility. In the affect of population aging and economic globalization, the social economic situation of England has changed a lot. The original pension system faces to great survival crisis. To adapt to economic reform of the country at that time, pension system reform chose the mild market reform, generally identified three ways to share the situation of pension, that is, national basic pension, occupational pension and personal pension, it changed the situation of bearing pension by national basic pension only, reduced the responsibility of government in the pension area; through the specification and monitoring reform of pension market, it changed the government figure from provider to monitor., relying on the second pension plan of country, strengthen the protection of government to vulnerable groups. Through the analyses of the UK social economic situation these years, in my opinion, the reform of fading out pension system has got some effect. By ordering the figures in these ten years, I analyze the national pension's expenditure by empirical analysis.Chapter 6 The reference significant of British pension experience to China.By Describing in detail the evolution process of China's pension system, analyzing the status of China's pension system and the problem of the absence of government responsibility in pension system's change. However, the British government plays a different role in different times when the pension system changes, it adapts their socio-economic development, adjusts to their responsibility in the pension area at the very time, which provided experience for the Chinese government; the three pillars of the British pension system also brings someenlightenment for China's multi-pillar pension system's.
Keywords/Search Tags:Pension system, Institutional transition, Government responsibility, Economic effect
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