THE REFORM OF SOCIAL-WELFARE IN CHINA

This article surveys and offers comparative reflections on the contour s and achievements of China's pension system in light of its imminent collapse and the reassessment of development priorities associated wit h privatization, market transition and fiscal crisis since the late 19 70s. It assesses various reform options including proposals for the fo rmation of a three-pillar system, the pooling of funds at the provinci al level, and the expansion of coverage, from the perspective of compr ehensive development and the overcoming of China's pervasive urban-rur al divide. (C) 1997 Elsevier Science Ltd.