intergenerational equity and fiscal sustainability
Intergenerational equity refers to the concept of fairness in distributing resources and opportunities among different generations. It emphasizes the responsibility of current generations to ensure that future generations have access to a sustainable and just society. Fiscal sustainability, on the other hand, refers to the ability of a government or entity to manage its finances in a way that supports long-term economic growth and stability. It involves maintaining a balance between revenue and expenditure to avoid excessive debt and ensure the continued provision of public services.
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Related Concepts (16)
- demographic change and aging populations
- economic growth and development
- education funding
- environmental conservation
- fiscal sustainability
- government spending and budget deficits
- healthcare system and long-term care
- infrastructure investment
- intergenerational poverty
- intergenerational social programs
- intergenerational transfers
- public debt
- social security reform
- sustainability and resource management
- tax policy
- wealth inequality
Similar Concepts
- debt sustainability
- economic growth and fiscal responsibility
- economic growth and fiscal stability
- economic sustainability
- inflation and fiscal sustainability
- intergenerational cohesion
- intergenerational equity
- intergenerational justice
- intergenerational solidarity
- intergenerational wealth transfer
- long-term fiscal sustainability
- public debt sustainability
- social and economic sustainability
- social justice and equity
- social sustainability