Pension policy implementation in Tianjin: Who pays pension in loss-making public firms?

Abstract

This thesis aims to analyze the implementation of the new pension policy initiated in the mid-1990s in China. Data gathered from twenty-six public firms in Tianjin reveal the real financial difficulties in the enterprises. Under Grindlea??s policy implementation framework, this thesis analyzed why workers in loss-making public firms pay for their own pension accounts. By exploring the power structure, Guanxi capital and social opportunities within the political administrative system, a model on local policy implementation context is generalized to explain the political economy of Chinese pension reform.