This paper attempts to introduce the flexible adjustment mechanism into the social security system for its sustainability and prevention of financial crisis. The concept of Baseline Equality is thus discussed so that ...This paper attempts to introduce the flexible adjustment mechanism into the social security system for its sustainability and prevention of financial crisis. The concept of Baseline Equality is thus discussed so that obligations of the government, society and individual be respectively defined. What is to be achieved are balances between individual and collective responsibilities, supply and demand, motivation and regulation, and rigidity and flexibility.展开更多
文摘This paper attempts to introduce the flexible adjustment mechanism into the social security system for its sustainability and prevention of financial crisis. The concept of Baseline Equality is thus discussed so that obligations of the government, society and individual be respectively defined. What is to be achieved are balances between individual and collective responsibilities, supply and demand, motivation and regulation, and rigidity and flexibility.