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Fuzzy Boundaries of Government and Market1 : Insights into Governance Regime of Pension System in East and Southeast Asia

30/6/2017

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YiFan Yang, WeiMin Zhou, and SiHan Che
Southwest Jiaotong University Chengdu,
​People’s Republic of China


This paper focuses on boundaries of government and market in governance regime of pension systems in East and Southeast Asia. Our findings show that boundaries of government and market in East and Southeast Asian countries are fuzzy, thus, their roles are integrated. Employing the concepts of “regime”, “system”, and “policy” as the framework, this paper conducts a comparative study on the historical development and current public pension systems among Asian countries, including South Korea (hereafter simply “Korea”), Japan, Malaysia, Singapore, China, and Vietnam, so as to find out their core components, functions, and governance regimes, especially the roles exerted by government and market. Overall, many East Asian countries are in a similar developmental state, but their pension system reforms have brought changes in “regime,” “system,” and “policy” in their pension systems. This has changed the roles exerted by government and market. In such an unstable state, the boundaries of government and market which cannot be determined are fuzzy. To achieve the most efficient governance structures for pension system means that both the government and market in Asian countries should bear the responsibility of caring for the elderly, and then play their particular roles in their own fields with the utmost efficiency.
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EASTERN REGIONAL ORGANIZATION FOR PUBLIC ADMINISTRATION
National College of Public Administration and Governance
University of the Philippines, Diliman 1101 Quezon City
Philippines
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    • 2021 EROPA Conference
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    • Database for Past Conferences >
      • 2019 EROPA CONFERENCE
      • EROPA 2018 Conference
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  • ARPA
    • ARPA Editorial Board
    • ARPA Call for Papers
    • Publication Ethics and Malpractice Statement
    • Notes for Contributors
    • Abstracts >
      • 2019, Volume 30, Nos. 1-2
      • 2018, Volume 29, Nos. 1-2
      • 2017 Volume 28, Nos. 1 & 2
      • 2016 Volume 27, Nos. 1 & 2
      • 2015 Volume 26, Nos. 1 & 2
      • 2014 Volume 25, No. 2
      • 2014 Volume 25, No. 1
      • 2013 Volume 24, Nos. 1 & 2
      • 2012 Volume 23, Nos. 1 & 2
      • 2011 Volume 22, No. 2
  • EROPA Bulletin
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