@article{oai:nagoya.repo.nii.ac.jp:00014347,
 author = {染矢, 将和 and SOMEYA, Masakazu},
 journal = {国際開発研究フォーラム, Forum of International Development Studies},
 month = {Mar},
 note = {Developing economies are aging at much faster speed than any current industrialized economies. Its sizable repercussions are foreseeable even at present. However, considering its urgency, developing economies are still inadequately prepared for their aging in many respects including institution building. This paper will pick up pension system as preparation against upcoming aging in developing economies, examine its institutional sustainability and analyze available options for reforms. The paper will first describe the status of aging in developing economies with special focus on East Asian region and then critically summarize widely discussed view-points for analysis, typology of the pension system and those issues which often hamper reform efforts. The latter half of the paper will use Life-cycle/Overlapping Generations type macro general equilibrium model re-calibrated to China's pension system and analyze sustainability of the reform options and their fiscal and macroeconomic consequences. One of the major findings from quantitative analysis is that it is possible to minimize the adverse impact of aging on pension system and macro economy. However, this finding leads to another question which is the conclusion of this paper that is "Would that reform be institutionally and politically feasible?"},
 pages = {43--61},
 title = {発展途上国の高齢化と年金制度改革},
 volume = {42},
 year = {2012}
}