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The authors find that people near retirement in the United States (US) have the most wealth, while those in the People’s Republic of China (PRC), India, and the Republic of Korea show higher financial self-reliance. Japan leads in consumption-based preparedness, with people expected to maintain their pre-retirement consumption. Key determinants of preparedness include education and risky asset holdings, suggesting that policies promoting financial literacy and market development could significantly improve older people’s financial independence.
Call Number | Location | Available |
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ADB Repository Online | 0 |
Penerbit | Manila: ADB 2025 |
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Edisi | - |
Subjek | Economics Social development and protection |
ISBN/ISSN | 23136545 |
Klasifikasi | NONE |
Deskripsi Fisik | 34 p. |
Info Detail Spesifik | - |
Other Version/Related | Tidak tersedia versi lain |
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