We’ve recently begun the next phase of our intergenerational fairness initiative.
Members may recall that in 2017, we commissioned a survey and subsequently published a report, Intergenerational Fairness: A survey of citizens in 10 European countries.
The report analysed responses from 10,000 Europeans on whether they felt different generations are being treated equally, and how they would prioritise policies with a strong intergenerational dimension.
Most concerning amongst the findings, was that fewer than one in four Europeans felt their own generation was getting fair treatment, and that those of all ages believed governments were ignoring the potential financial consequences of their policies on future generations.
Intergenerational fairness is one of the biggest challenges we face – both in terms of the level of concern, and the fundamental shift that will be required to properly address it. Changes coming down the line – economic, technological and demographic – may well complicate things further and add to the scale of the challenge.
To offer further insight, stimulate debate and encourage further thinking, we asked a diverse range of senior policy-makers and experts to share their own perspectives via a series of guest blogs.
We’ve collated these blogs on our website and I highly encourage you to read and consider their themes and messages.
Contributors include Ann Mettler, Head of the European Political Strategy Centre, and Iliana Ivanova, Member of the European Court of Auditors – as well as representatives from UNICEF, the World Bank and elsewhere.
A whole range of aspects and ideas are covered – including economic mobility, youth unemployment, equality in public spending and promoting interaction between age groups.
We’re very keen to receive your feedback; what you see as the biggest threats to intergenerational fairness, and how these challenges should be tackled. Please do send us your comments in the ‘share your opinion’ section at the bottom of the page. Your ideas will help to better inform this initiative heading forward.
Successfully addressing intergenerational fairness goes hand-in-hand with governments making policy decisions that serve long-term economic, social and environmental sustainability.
The Sustainable Development Goals (SDG’s) – with their mantra of ‘leaving no one behind’ – seek to ensure that governments do just that. They address a whole host of issues that need to be tackled in order to create systems that provide equity and fairness to all generations, now and into the future.
At ICAEW, we’ve been clear of our support for the SDG’s, and of our belief that they must be embedded at the heart of business strategies. Only through building true sustainability – and with it intergenerational fairness – will we achieve our vision of a World of Strong Economies.