Tag #Intergenerational Equity

Showing 13 to 22 of 22 results

smh.com.au

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Mar 29, 07:13

Australia's Lagging Economic Growth Threatens Future Generations

Australia's economic growth has underperformed in the 21st century due to poor policy choices, resulting in lower real wages, reduced homeownership for young people, and a trillion-dollar public debt, threatening the wellbeing of future generations.

Australia's Lagging Economic Growth Threatens Future Generations

Australia's economic growth has underperformed in the 21st century due to poor policy choices, resulting in lower real wages, reduced homeownership for young people, and a trillion-dollar public debt, threatening the wellbeing of future generations.

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How have populist policy choices in Australia impacted the nation's economic performance and the prospects of future generations?

Populist policies, particularly regarding taxation and the mining boom, have hampered Australia's economic progress. The failure to address fiscal drag and boost capital investment has led to lower GDP per capita growth and a trillion-dollar public debt. This contrasts sharply with the economic reforms of the 1980s and 90s.

theglobeandmail.com

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Mar 15, 13:12

Canada Needs Costed Election Platforms to Safeguard Democracy

With Mark Carney's ascension as Prime Minister and an imminent Canadian election, the author advocates for detailed, costed political platforms to combat misleading political narratives and safeguard Canadian democracy, proposing specific policy changes regarding Old Age Security and intergeneration...

Canada Needs Costed Election Platforms to Safeguard Democracy

With Mark Carney's ascension as Prime Minister and an imminent Canadian election, the author advocates for detailed, costed political platforms to combat misleading political narratives and safeguard Canadian democracy, proposing specific policy changes regarding Old Age Security and intergeneration...

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What are the immediate implications of the demand for detailed, costed election platforms in the upcoming Canadian election?

Mark Carney, Canada's new Prime Minister, is expected to call an election soon, prompting a call for political parties to present detailed, costed plans instead of vague promises. This demand for transparency aims to ensure voters receive reliable information to make informed decisions, safeguarding Canadian democracy against the impacts of misleading political rhetoric.

dw.com

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Mar 12, 16:13

Germany's Outgoing Bundestag to Decide on Debt Brake Amendment

The outgoing German Bundestag will hold a special session on March 13th to potentially amend the debt brake, enabling increased military spending and infrastructure investment—a move criticized for bypassing the newly elected parliament's lack of a two-thirds majority.

Germany's Outgoing Bundestag to Decide on Debt Brake Amendment

The outgoing German Bundestag will hold a special session on March 13th to potentially amend the debt brake, enabling increased military spending and infrastructure investment—a move criticized for bypassing the newly elected parliament's lack of a two-thirds majority.

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How do the planned changes to the debt brake relate to the election results and the political positioning of the different parties?

This action is controversial, criticized as a disregard for the voters' will and potentially manipulative, given that the Union parties previously rejected such measures during the election campaign. The move aims to circumvent the lack of a two-thirds majority in the new Bundestag, which is necessary to amend the constitution. The planned 500 billion euro special fund for infrastructure is also subject to criticism, with concerns about potential for uncontrolled spending and state bloat.

zeit.de

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Mar 5, 13:11

Junge Union Rejects Union-SPD Defense and Infrastructure Package

Germany's Union and SPD agreed on a €500 billion special fund for infrastructure and defense spending exceeding 1% of GDP, exempt from the debt brake, prompting criticism from the Junge Union for contradicting campaign promises and neglecting intergenerational equity.

Junge Union Rejects Union-SPD Defense and Infrastructure Package

Germany's Union and SPD agreed on a €500 billion special fund for infrastructure and defense spending exceeding 1% of GDP, exempt from the debt brake, prompting criticism from the Junge Union for contradicting campaign promises and neglecting intergenerational equity.

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What were the key arguments used by the Junge Union and other critics to oppose the financial package, and what are their demands for future negotiations?

Johannes Winkel, head of the Junge Union, views the agreement as a significant defeat for the Union, lacking visible concessions from the SPD in return for the financial compromise. He calls for the Union to prioritize its positions on migration, economy, and pensions during further negotiations. The shift in the Union's stance on the debt brake, previously rejected by Friedrich Merz, is justified by the current geopolitical context, particularly the war in Ukraine and changing US foreign policy.

lemonde.fr

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Jan 30, 16:08

Climate Change: A Matter of Justice

Sébastien Mabile's "Justice climatique" details the historical, geographical, and generational injustices of climate change, arguing for a fair distribution of the remaining carbon budget to address unequal impacts.

Climate Change: A Matter of Justice

Sébastien Mabile's "Justice climatique" details the historical, geographical, and generational injustices of climate change, arguing for a fair distribution of the remaining carbon budget to address unequal impacts.

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What historical and ongoing injustices contribute to the unequal distribution of climate change impacts?

The book, "Justice climatique," argues that climate change necessitates a redistribution of the remaining carbon budget. This finite resource should be allocated fairly, addressing historical injustices where developed nations over-contributed to emissions. The text emphasizes the unequal impacts of climate change on vulnerable populations.

elpais.com

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Mar 24, 10:11

Spain's Pension System Under EU Scrutiny Over Accounting Dispute

Spain's pension system faces a critical European Commission review due to the government's inclusion of state transfers as new revenue, which contradicts the initial agreement and raises concerns about the system's long-term financial sustainability and potential loss of EU funding.

Spain's Pension System Under EU Scrutiny Over Accounting Dispute

Spain's pension system faces a critical European Commission review due to the government's inclusion of state transfers as new revenue, which contradicts the initial agreement and raises concerns about the system's long-term financial sustainability and potential loss of EU funding.

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What is the immediate consequence of the Spanish government's inclusion of state transfers as pension system revenue in the European Commission's evaluation?

The Spanish government faces a crucial week regarding its pension system, as the European Commission scrutinizes a report on its revenue measures. The report, due March 31st, reveals a 0.8% of GDP shortfall (approximately €12 billion) unless government transfers to the Social Security system are included. This accounting method, however, is disputed by the European Commission.

taz.de

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Mar 12, 19:14

Germany's Debt Increase: Economic Growth or Future Burden?

Germany plans to increase its debt by roughly 60 percent to fund €500 billion in civilian and potentially €1 trillion in military investments, a move that will increase taxes for younger generations but is viewed positively by some economists like Carl Mühlbach who believe in the long-term economic ...

Germany's Debt Increase: Economic Growth or Future Burden?

Germany plans to increase its debt by roughly 60 percent to fund €500 billion in civilian and potentially €1 trillion in military investments, a move that will increase taxes for younger generations but is viewed positively by some economists like Carl Mühlbach who believe in the long-term economic ...

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What are the differing perspectives on the potential risks and benefits of Germany's increased spending and borrowing?

Mühlbach, a member of the SPD, argues that increased government spending on infrastructure and military will lead to higher productivity and economic growth, offsetting the increased debt. He co-founded FiscalFuture, a non-partisan organization focused on the financial perspectives of young people. This perspective contrasts with concerns raised by others about potential inflation and high interest costs from increased debt.

zeit.de

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Mar 7, 13:11

Germany Plans Special Fund, Debt Brake Exceptions

Germany's Union and SPD propose a large special fund for infrastructure and defense, bypassing parts of the debt brake to address immediate investment needs, while concerns remain about long-term financial sustainability and intergenerational equity.

Germany Plans Special Fund, Debt Brake Exceptions

Germany's Union and SPD propose a large special fund for infrastructure and defense, bypassing parts of the debt brake to address immediate investment needs, while concerns remain about long-term financial sustainability and intergenerational equity.

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What are the immediate economic and societal implications of the proposed special fund and debt brake exceptions for Germany?

The German Union and SPD parties propose a large special fund for infrastructure and exceptions to the debt brake for defense. This is necessary due to the state's need for increased funding for crucial investments. However, this shouldn't preclude a fundamental reform of the debt brake to prevent future generations from bearing the burden.

smh.com.au

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Feb 20, 04:09

Henry Accuses Australian Governments of "Wilful Acts of Bastardry" Over Tax System

Ken Henry, former Treasury head, accuses Australian governments of "wilful acts of bastardry" for creating a tax system that harms young people and future generations, breaching budget honesty rules and favoring vested interests.

Henry Accuses Australian Governments of "Wilful Acts of Bastardry" Over Tax System

Ken Henry, former Treasury head, accuses Australian governments of "wilful acts of bastardry" for creating a tax system that harms young people and future generations, breaching budget honesty rules and favoring vested interests.

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What role do voters and vested interests play in perpetuating the inequitable tax system described by Ken Henry?

Henry's claims connect the actions of successive governments to broader issues of intergenerational equity and the influence of vested interests. He argues that voters, driven by self-interest, elect governments that perpetuate an unfair tax system favoring older generations and powerful industries like mining and forestry. This system, he contends, leads to environmental destruction that future generations will bear the brunt of.

lefigaro.fr

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Jan 21, 10:09

France Considers Taxing Wealthy Retirees to Fund Social Security

France's Minister of Labor proposed taxing retirees with pensions exceeding €2000-2500 per month to fund social security, potentially affecting 40% of retirees and generating €500-800 million annually, complementing a potential increase in weekly work hours to address a €2.5 billion funding gap.

France Considers Taxing Wealthy Retirees to Fund Social Security

France's Minister of Labor proposed taxing retirees with pensions exceeding €2000-2500 per month to fund social security, potentially affecting 40% of retirees and generating €500-800 million annually, complementing a potential increase in weekly work hours to address a €2.5 billion funding gap.

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How will the French government's proposed tax on higher-earning retirees impact the country's social security system and its 17 million retirees?

The French government is considering taxing retirees with higher pensions to fund social security, potentially impacting 40% of retirees earning above €2000-2500 monthly. This measure, alongside a potential increase in weekly work hours, aims to address a €2.5 billion funding gap.

Showing 13 to 22 of 22 results