Which kind of commitment for future generations? Testing generational accounting in Calabria Region

F. Roccisano

Rivista economica del Mezzogiorno, 2010, issue 4, 1007-1031

Abstract: This paper aims at highlighting the importance of equity between present and future generations from a fiscal and legal point of view. In particular, this paper suggests the idea that public sector should take the responsibility to intervene in such an issue, not simply by drawing a picture of or naming the matter, as for the theory of sustainable development, but also by assuming some concrete problem-solving tools. Throughout this paper, in fact, some economic theories will be presented which recognize the importance of equity between generations, defining the barriers of jurisdiction - i.e. what is a generational public good and what is the welfare of future generations -, and, above all, some innovative tools will be proposed as potential public interventions aimed at limiting such an inequality.

Keywords: Intergenerational Equity; Economic Policy; Generational Accounting; H23; H53; I32. (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:mul:jqyfkm:doi:10.1432/34194:y:2010:i:4:p:1007-1031

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