
Contents
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Rights and obligations Rights and obligations
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Family Family
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Companies Companies
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Savings and self-reliance Savings and self-reliance
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The state and welfare The state and welfare
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Japan Japan
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China China
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Singapore Singapore
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Korea Korea
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Taiwan Taiwan
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Hong Kong Hong Kong
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Politics and culture: explanations of ‘Asian’ ways of welfare Politics and culture: explanations of ‘Asian’ ways of welfare
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The crisis: vulnerability of the self-reliant society in market downturns The crisis: vulnerability of the self-reliant society in market downturns
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Notes Notes
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6 The Family, the Company, and the State
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Published:October 1999
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Abstract
This chapter asks the question: how do people in the region make provision for old age and periods of sickness and unemployment? This includes the question of how generations look after each other, how much people save, and what role the governments play in this area. These questions are related to economic development in two ways: the savings rate of some countries has been high and the savings of individuals and families have been made available through the banks for investment. The degree to which the state is involved in collecting savings from taxation and how the state uses those savings has also had an impact on government investment and on the level of taxation.
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