IDEAS home Printed from https://ideas.repec.org/a/ids/wremsd/v2y2006i1-2p126-143.html
   My bibliography  Save this article

Long-term Care for the aged: critical issues and challenges to China's sustainable development

Author

Listed:
  • Jane Zhang

Abstract

How to finance Long-term Care (LTC) has become a major policy issue in China. The provision of LTC finance is vital to sustain China's long-term economic development as the ageing population has a significant impact on the Chinese economy and the social welfare system. This paper examines the need for LTC in an ageing society as a critical social and economic issue faced by the Chinese government in the 21st century and analyses various LTC financing options. Currently, in China, there are widespread concerns over the affordability of LTC in the next 15–35 years when the ageing population reaches its peak. This paper specifically examines LTC social insurance, focusing on its advantages and applicability to China. It is suggested that LTC social insurance should be established in China and contributed by individuals through levying an LTC tax on savings income, an enterprise through business tax and the state through the reallocation of social welfare funds.

Suggested Citation

  • Jane Zhang, 2006. "Long-term Care for the aged: critical issues and challenges to China's sustainable development," World Review of Entrepreneurship, Management and Sustainable Development, Inderscience Enterprises Ltd, vol. 2(1/2), pages 126-143.
    • Handle: RePEc:ids:wremsd:v:2:y:2006:i:1/2:p:126-143
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=9080
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Peng, Rong & Ling, Li & He, Qun, 2010. "Self-rated health status transition and long-term care need, of the oldest Chinese," Health Policy, Elsevier, vol. 97(2-3), pages 259-266, October.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:wremsd:v:2:y:2006:i:1/2:p:126-143. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=173 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.