The age bands that are applied to the National Minimum Wage and National Living Wage are examples of age discrimination, surely? Rosie Neville, second-year Economics and Politics student at the University of Bristol, finds this government-prescribed policy unacceptable – scandalous, even
Category: Finance
What role does financial regulation play in intergenerational fairness?
The financial industry, and the way in which financial products are regulated, have big impacts on different generations, as David Kingman explains
The unexpected impact of COVID-19 on green investment
Green investment has reached record levels this year, in spite of the pandemic. IF researcher Melissa Bui explains why investor-demand for more transparency on climate risks is rising, and how pension schemes may lead the way in fulfilling investors’ requirements
COVID-19: Young adults’ living standards take biggest hit
Recent research into the impact of the COVID-19 lockdown on the living standards of different groups within the population suggests that young adults are feeling its effects disproportionately, reports David Kingman
Reflections on WIFW 2020: COVID-19 edition
For a second year, the Worldwide Intergenerational Fairness Week (6–12 July 2020) has been marked by a series of blog articles from around the globe – this time focusing on the impact of the COVID-19 crisis on young people. As the world tentatively emerges, blinking, from lockdown, the international public sphere seems in agreement: this… Read more »
COVID has forced Australia to re-evaluate its values
First bushfires, now COVID-19, Australia is reeling, and the young risk bearing the brunt. Sweeney Preston, a 22-year-old newsroom contributor for the FYA (Foundation for Young Australians) – as well as a comedian, cinema worker and anthropology student at the University of Melbourne – turns a critical eye on recent events, and describes how it… Read more »
The asymmetric intergenerational impact of COVID: the Italian case
Worrying intergenerational divides were already apparent in Italy following the recent double-dip financial crises, and these can only have been exacerbated by COVID-19. Analysis by Luciano Monti, Adjunct Professor of European Union Policies at LUISS Guido Carli (Libera Università Internazionale degli Studi Sociali) in Rome, and Scientific co-director of the Bruno Visentini Foundation, a research… Read more »
Australia under COVID-19: still “the lucky country”?
The disease itself may have touched Australia relatively lightly, but the wider consequences have hit the young particularly hard, especially in employment. Danielle Wood and Owain Emslie, CEO and Senior Associate respectively at the Grattan Institute in Melbourne, reveal the facts and figures, and the broader patterns that underlie them.
How much could COVID-19 cost future generations?
After nearly three months of extreme social distancing in the UK, more and more data are beginning to emerge which highlight the severe negative impact that the pandemic is having on the UK economy. Given that we are likely to be paying for the financial cost of fighting COVID-19 for years to come, how big… Read more »
How bad could the economic impacts of COVID-19 get?
David Kingman takes a look at what the most recent economic projections say about the potential negative impacts of COVID-19 on the UK economy, and what these could mean for young people