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6 - Surplus

Published online by Cambridge University Press:  28 March 2024

Feng Wang
Feng Wang
Affiliation:
University of California, Irvine
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Summary

China’s age of abundance has led to the creation of wealth and a surplus. Using a lifecycle approach this chapter examines the sources of this surplus creation, and estimates the impact of population aging and welfare expansion on future lifecycle surplus. It also estimates future fiscal pressure on the state with the changes in lifecycle surplus.

Keywords

wealthlifecycleintergenerational transferssocial welfarepensionhealth care
Type
Chapter
Information
China's Age of Abundance
Origins, Ascendance, and Aftermath
 , pp. 168 - 201
Publisher: Cambridge University Press
Print publication year: 2024

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  • Surplus
  • Feng Wang, University of California, Irvine
  • Book: China's Age of Abundance
  • Online publication: 28 March 2024
  • Chapter DOI: https://doi.org/10.1017/9781009444934.007
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  • Surplus
  • Feng Wang, University of California, Irvine
  • Book: China's Age of Abundance
  • Online publication: 28 March 2024
  • Chapter DOI: https://doi.org/10.1017/9781009444934.007
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Surplus
  • Feng Wang, University of California, Irvine
  • Book: China's Age of Abundance
  • Online publication: 28 March 2024
  • Chapter DOI: https://doi.org/10.1017/9781009444934.007
Available formats
×