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Intergenerational equity in economic, psychological, and sociological contexts, is the idea of fairness or justice between generations. The concept can be applied to fairness in dynamics between children , youth , adults , and seniors .
There are several ways to make distinctions between generations. For example, names are given to major groups (Silent Generation, Baby boomers, Generation X, Millennials, Generation Z, Generation Alpha, and Generation Beta) and each generation sets its own trends and has its own cultural impact.
Conversations about intergenerational equity are also relevant to social justice arenas as well, where issues such as health care [16] are equal in importance to youth rights and youth voice are pressing and urgent. There is a strong interest within the legal community towards the application of intergenerational equity in law. [17]
Rights to intergenerational equity and sustainability; The African Charter on Human and Peoples' Rights ensures many of those: the right to self-determination, right to development, right to natural resources and right to satisfactory environment. [16] Some countries also have constitutional mechanisms for safeguarding third-generation rights.
This is an accepted version of this page This is the latest accepted revision, reviewed on 9 December 2024. Economic sector focused on health An insurance form with pills The healthcare industry (also called the medical industry or health economy) is an aggregation and integration of sectors within the economic system that provides goods and services to treat patients with curative, preventive ...
Diversity themes gained momentum in the mid-1980s. At a time when President Ronald Reagan discussed dismantling equality and affirmative action laws in the 1980s, equality and affirmative action professionals employed by American firms along with equality consultants, engaged in establishing the argument that a diverse workforce should be seen as a competitive advantage rather than just as a ...
A plot of intergenerational immobility against inequality, with the US highlighted in red (data from 2012) The "Great Gatsby Curve" is the term given to the positive empirical relationship between cross-sectional income inequality and persistence of income across generations. [1]
The intergenerational struggle [1] is the economic conflict between successive generations of workers because of the public pension system where the first generation has better pension benefit and the last must pay more taxes, have a greater tax wedge and a lower pension benefit due to the public debt that the states make in order to pay the current public spending.