Solving the Economic Generation Gap

Explore a World Economic Forum discussion on the economic generation gap in Europe, featuring Christine Lagarde, Managing Director of the International Monetary Fund. Delve into new findings revealing sharp divergences between generations in terms of inequality and poverty. Examine topics such as the Gini coefficient, average inequality, income disparities, poverty rates, unemployment, and underemployment across different age groups. Learn about potential fiscal programs and policies aimed at reducing inequality, including wealth taxes, adjustments to elderly spending, and pension age modifications. Consider the challenges of implementing these changes within the European Union and the importance of maintaining social safety nets. Gain insights from this moderated conversation on how policymakers can work towards ensuring better economic prospects for all generations.