Economic Sustainability and Intergenerational Fairness: A New Taxonomy of Indicators

The aim of this paper is to facilitate informed choice about indicators of economic sustainability and intergenerational fairness and decisions about their uses. We focus on four issues. First, we found that the same type of indicator measured at different levels – such as the general government, t...

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Main Authors: Róbert I. Gál, Judit Monostori
Format: Article
Language:English
Published: Tübingen University 2018-01-01
Series:Intergenerational Justice Review
Subjects:
Online Access:https://igjr.org/ojs/index.php/igjr/article/view/632
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author Róbert I. Gál
Judit Monostori
author_facet Róbert I. Gál
Judit Monostori
author_sort Róbert I. Gál
collection DOAJ
description The aim of this paper is to facilitate informed choice about indicators of economic sustainability and intergenerational fairness and decisions about their uses. We focus on four issues. First, we found that the same type of indicator measured at different levels – such as the general government, the (market) economy or the total economy, which includes both the market economy and the household economy – often leads to different conclusions. Second, sustainability analysis is frequently built on exogenously set age limits even though it is obvious that old age does not everywhere start at age 65; it did not always start there where it does today; and most likely it will not start there in the future. Third, we use our taxonomy of more than 80 indicators to spot holes, shortcomings and absences. Fourth, we show some structural differences between indicators of sustainability and fairness. Online Appendix
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spelling doaj.art-a6a73e73ae1a42caa1930c6c8a3e56f92024-04-23T11:07:29ZengTübingen UniversityIntergenerational Justice Review2190-63352018-01-0132Economic Sustainability and Intergenerational Fairness: A New Taxonomy of IndicatorsRóbert I. Gál0Judit Monostori1Hungarian Demographic Research InstituteHungarian Demographic Research Institute The aim of this paper is to facilitate informed choice about indicators of economic sustainability and intergenerational fairness and decisions about their uses. We focus on four issues. First, we found that the same type of indicator measured at different levels – such as the general government, the (market) economy or the total economy, which includes both the market economy and the household economy – often leads to different conclusions. Second, sustainability analysis is frequently built on exogenously set age limits even though it is obvious that old age does not everywhere start at age 65; it did not always start there where it does today; and most likely it will not start there in the future. Third, we use our taxonomy of more than 80 indicators to spot holes, shortcomings and absences. Fourth, we show some structural differences between indicators of sustainability and fairness. Online Appendix https://igjr.org/ojs/index.php/igjr/article/view/632intergenerational indicatorseconomic sustainabilityintergenerational fairnessNational Transfer Accounts
spellingShingle Róbert I. Gál
Judit Monostori
Economic Sustainability and Intergenerational Fairness: A New Taxonomy of Indicators
Intergenerational Justice Review
intergenerational indicators
economic sustainability
intergenerational fairness
National Transfer Accounts
title Economic Sustainability and Intergenerational Fairness: A New Taxonomy of Indicators
title_full Economic Sustainability and Intergenerational Fairness: A New Taxonomy of Indicators
title_fullStr Economic Sustainability and Intergenerational Fairness: A New Taxonomy of Indicators
title_full_unstemmed Economic Sustainability and Intergenerational Fairness: A New Taxonomy of Indicators
title_short Economic Sustainability and Intergenerational Fairness: A New Taxonomy of Indicators
title_sort economic sustainability and intergenerational fairness a new taxonomy of indicators
topic intergenerational indicators
economic sustainability
intergenerational fairness
National Transfer Accounts
url https://igjr.org/ojs/index.php/igjr/article/view/632
work_keys_str_mv AT robertigal economicsustainabilityandintergenerationalfairnessanewtaxonomyofindicators
AT juditmonostori economicsustainabilityandintergenerationalfairnessanewtaxonomyofindicators