Slides from British Library and Strategic Society Centre joint debate, which took place on Monday November 26th, 2012 at the British Library Conference Centre.
Speakers at the event comprised:
Carl Emmerson, Deputy Director, IFS
José Iparraguirre, Chief Economist, Age UK
James Lloyd, Director, Strategic Society Centre
The document contains 36 figures that show trends in income, wealth, poverty, health insurance coverage, and the labor market in the United States over the past several decades. Many of the figures show a rise in inequality, with stagnant wages for the middle class and bottom half while incomes rise sharply for the top 1% and 5%. Other trends include a decline in private sector pensions and union membership rates.
The document analyzes economic indicators in Jamaica from 1989/90 to 2010/11. It shows that the exchange rate depreciated at annual rates of 14.67% from 1989 to 2007 and 5.2% from 2007 to 2011. Annual inflation averaged 19.68% from 1989 to 2007 and 11.68% from 2008 to 2011. Government domestic and total debt increased substantially over the periods analyzed, with domestic debt rising by 4,200% from 1990/91 to 2010/11. External debt also rose sharply.
The document provides an economic analysis and outlook from the Chief Economist of a bank. It summarizes data on GDP growth in Canada and the US, food and commodity price inflation, the economic outlook and recession risks for European economies, challenges for the banking sector in Europe, fiscal policy debates in the US, US consumer behavior, monetary policy outlook from the Fed, and the US housing market. The analysis covers economic indicators and policy issues across multiple countries and regions.
The document summarizes key indicators of the US housing market and broader economy. It shows that while unemployment and consumer confidence remain at historically low levels, mortgage rates have declined significantly. Existing home sales have stabilized at low levels recently, and housing inventory, while still high, has started to decrease from its peak. This suggests the housing market may be approaching a bottom in 2009 if these trends continue.
- Ireland and Spain experienced housing bubbles fueled by excessive credit growth as interest rates fell under EMU, crowding out their tradable sectors.
- The mismanagement of housing markets had significant macroeconomic costs as the bubbles burst, including large falls in economic demand and activity.
- Governments must better manage their housing markets through fiscal policy, financial regulation, and ensuring balanced growth to prevent unsustainable imbalances from developing.
RWANDA PERFORMANCE BASED SYSTEM: PUBLIC REFOMSRikuE
This document outlines health sector reforms in Rwanda, including establishing performance-based financing for health facilities, autonomizing facilities, decentralizing management, and developing community health insurance. Key results of the reforms include dramatic reductions in infant and child mortality rates between 1990 and 2008, and increased coverage of preventative health measures like insecticide-treated bed nets and prenatal care. The reforms aim to improve accountability and quality of care through contracts linking funding to achievement of health targets.
The document contains 36 figures that show trends in income, wealth, poverty, health insurance coverage, and the labor market in the United States over the past several decades. Many of the figures show a rise in inequality, with stagnant wages for the middle class and bottom half while incomes rise sharply for the top 1% and 5%. Other trends include a decline in private sector pensions and union membership rates.
The document analyzes economic indicators in Jamaica from 1989/90 to 2010/11. It shows that the exchange rate depreciated at annual rates of 14.67% from 1989 to 2007 and 5.2% from 2007 to 2011. Annual inflation averaged 19.68% from 1989 to 2007 and 11.68% from 2008 to 2011. Government domestic and total debt increased substantially over the periods analyzed, with domestic debt rising by 4,200% from 1990/91 to 2010/11. External debt also rose sharply.
The document provides an economic analysis and outlook from the Chief Economist of a bank. It summarizes data on GDP growth in Canada and the US, food and commodity price inflation, the economic outlook and recession risks for European economies, challenges for the banking sector in Europe, fiscal policy debates in the US, US consumer behavior, monetary policy outlook from the Fed, and the US housing market. The analysis covers economic indicators and policy issues across multiple countries and regions.
The document summarizes key indicators of the US housing market and broader economy. It shows that while unemployment and consumer confidence remain at historically low levels, mortgage rates have declined significantly. Existing home sales have stabilized at low levels recently, and housing inventory, while still high, has started to decrease from its peak. This suggests the housing market may be approaching a bottom in 2009 if these trends continue.
- Ireland and Spain experienced housing bubbles fueled by excessive credit growth as interest rates fell under EMU, crowding out their tradable sectors.
- The mismanagement of housing markets had significant macroeconomic costs as the bubbles burst, including large falls in economic demand and activity.
- Governments must better manage their housing markets through fiscal policy, financial regulation, and ensuring balanced growth to prevent unsustainable imbalances from developing.
RWANDA PERFORMANCE BASED SYSTEM: PUBLIC REFOMSRikuE
This document outlines health sector reforms in Rwanda, including establishing performance-based financing for health facilities, autonomizing facilities, decentralizing management, and developing community health insurance. Key results of the reforms include dramatic reductions in infant and child mortality rates between 1990 and 2008, and increased coverage of preventative health measures like insecticide-treated bed nets and prenatal care. The reforms aim to improve accountability and quality of care through contracts linking funding to achievement of health targets.
The document discusses Henry Ford and the Ford Motor Company's impact on the working class in America in the early 20th century. It describes how Ford pioneered the moving assembly line, which initially led to struggles with production and high worker turnover. In response, Ford introduced a $5 per day living wage and shorter work hours, which became known as Fordism. This model was later adopted by other industries and helped strengthen the working class, though conditions had initially been difficult with low wages, long hours, and unsafe environments.
The document discusses the role of women in the Progressive Era in the United States. It describes the challenges women faced working in factories, including lower wages and poor working conditions. It discusses reformers like Florence Kelley who advocated for better protections for working women and children through organizations like the National Consumers League. The document also notes that while 6% of married women worked for wages, many more performed unpaid domestic labor in the home. It explains how women's activism during this period helped advance women's rights and led to reforms like the 19th amendment granting women's suffrage.
Austerity Empowering Your Bottomline Shane Williams, M.S. CandidateShawill
The document discusses austerity measures and energy planning. It begins with an introduction to austerity and its relationship to budget cuts. It then discusses how the green movement has translated to business strategies focused on energy efficiency. The current economic environment of austerity and rising energy costs is explored. Trends in energy usage and potential for energy planning are reviewed. The document advocates for comprehensive energy planning as a solution to empower organizations facing austerity.
Henry Ford introduced a new economic model called Fordism in the early 1900s. Fordism involved using assembly line production methods to enable mass production and consumption. It organized workers into a highly efficient production process and also aimed to increase wages to boost mass consumption. Fordism spread widely after World War I as companies adopted assembly line production and countries sought to emulate the US economic model to recover from the Depression. It transformed industries and cities as large factories concentrated production and people migrated to urban areas for jobs.
History & Theory of Planning: Fordism, Suburbanization, and Urban RenewalAnuradha Mukherji
1. After WWII, there was a major expansion of suburban development driven by federal, state and local planning initiatives. This included new highways, zoning laws, government-backed mortgages, and large-scale planned communities like Levittown.
2. The GI Bill provided benefits to WWII veterans including low-cost mortgages, contributing to the housing shortage and demand for new suburban homes.
3. Developers like Levitt & Sons capitalized on this demand through mass-produced planned communities with standardized homes and community amenities. However, these suburbs were often rigidly segregated.
Paul Johnson, Director, Institute of Fiscal Studies, gives a background to economic growth in the UK and discusses what future NHS spending could look like.
The document summarizes the economic impacts of austerity measures in Canada. It argues that [1] austerity will likely lead to another recession as it has in other countries, [2] government debt ratios are manageable and deficits could be eliminated through fair tax measures instead of spending cuts, and [3] austerity disproportionately impacts working people and increases inequality. The response should expose the failures of neoliberalism and privatization, advocate for fair taxes, resist commodification of public services, and build alliances through mobilization and democratic participation.
Update on the environment and trends being experienced by the property casualty insurance industry presented to a group of executives attending MapInfo's MapWorld conference.
The document discusses the implications of a lower interest rate environment. It outlines how interest rates have declined to low levels not seen in decades. It explores reasons for the low rates, including reduced inflation and a credible Federal Reserve policy. The document examines the implications for investors like pension funds and insurers, including challenges from extended liability durations. It also looks at how institutions have responded by revisiting asset allocation studies.
This document provides an overview of key challenges to prepare for in retirement, strategies for achieving a successful retirement, and putting an income plan into practice. It discusses 5 challenges: longevity, inflation, healthcare costs, policy changes, and investment risks. It also covers strategies like diversifying investments, managing withdrawals, adding guaranteed income, managing taxes, and addressing other risks. Finally, it discusses matching income sources to expenses and using a "bucket" approach to income planning.
Strategies to Expand Insurance Coverage for Adults: Preliminary Findings for...soder145
Presentation by Sharon Long at the AcademyHealth Annual Research Meeting session, "The Lab Reports: Evaluating State's Actions to Expand Access and Coverage," Chicago, IL, June 30 2009.
The document compares the performance of different portfolio allocations from 2001-2004 and 1Q 2004. It shows that portfolios with a mix of stocks and bonds significantly outperformed those with 100% stock allocations during periods of market decline from 2001-2003. The key finding is that asset allocation, or how assets are divided among asset classes like stocks and bonds, has the biggest impact on portfolio performance rather than choices about specific securities or market timing.
The document discusses 4 critical factors for reducing volatility and maximizing investment returns:
1. Reduce volatility through strategies that buy markets instead of individual stocks.
2. Optimize portfolio construction to capture upside while managing downside risk.
3. Reduce expenses and fees which can significantly impact long-term returns.
4. Reduce taxes through tax-efficient investing to keep more of the returns.
Livestock production and poverty alleviation in arid and semi-arid tropica...ILRI
Presented by Carlos Seré, Augustine Ayantunde, Alan Duncan, Ade Freeman, Mario Herrero, Shirley Tarawali, and Iain Wright at the XXI International Grassland Congress and VIII International Rangeland Congress, held in Hohhot, Inner Mongolia, China from 29 June - 5 July 2008
This document summarizes a presentation arguing that Medicare is sustainable if the healthcare system changes how it delivers services. The key points are:
1) Healthcare costs have increased as a share of GDP but have remained stable or decreased when accounting for the broader economy. The aging population will have a moderate impact that can be managed with preventative care.
2) Most of healthcare's problems are due to outdated delivery processes rather than unsustainable costs.
3) Completing Tommy Douglas's vision for the "Second Stage" of Medicare - a patient-focused delivery system emphasizing prevention - can control costs while improving care. Changes to delivery processes rather than cutting services are needed.
Tom Ritchie of Eide Bailly presented on the Fiscal Cliff and the American Taxpayer Relief Act of 2012. The Act averted tax increases for many by extending many expired tax breaks and increasing taxes for high-income individuals. It maintained higher estate tax exemptions of $5 million indexed for inflation. The Act also addressed provisions in the Affordable Care Act including higher Medicare taxes and a medical device excise tax. Ritchie provided examples of how the Act impacts individual and business taxpayers.
The document discusses the impact of socioeconomic changes on health and healthcare systems. It notes that total health expenditures in Thailand have been rising but remain stable at around 4% of GDP. The poor previously spent a larger percentage of their income on healthcare than the rich, but this gap has narrowed. Upcoming changes like an aging population and the ASEAN Economic Community will present challenges and opportunities for Thailand's health system and services sector. Cross-cultural factors, emerging technologies, and lifestyle choices will also impact population health.
The document discusses poverty trends in Buncombe County, North Carolina. It shows that since the recession, employment has declined the most in manufacturing, construction, and among younger workers. Female employment declined more sharply than male. The number of people receiving public assistance like Medicaid and food stamps has risen greatly. A living wage in the county is estimated to be between $13-20 per hour depending on family size, but many jobs pay less than this.
CUPE’s national pension trustee training began with a panel on the state of public and workplace pensions. CUPE economist Toby Sanger kicked off the discussion with a overview of how the economic crisis and its fallout will affect pensions.
The document discusses Henry Ford and the Ford Motor Company's impact on the working class in America in the early 20th century. It describes how Ford pioneered the moving assembly line, which initially led to struggles with production and high worker turnover. In response, Ford introduced a $5 per day living wage and shorter work hours, which became known as Fordism. This model was later adopted by other industries and helped strengthen the working class, though conditions had initially been difficult with low wages, long hours, and unsafe environments.
The document discusses the role of women in the Progressive Era in the United States. It describes the challenges women faced working in factories, including lower wages and poor working conditions. It discusses reformers like Florence Kelley who advocated for better protections for working women and children through organizations like the National Consumers League. The document also notes that while 6% of married women worked for wages, many more performed unpaid domestic labor in the home. It explains how women's activism during this period helped advance women's rights and led to reforms like the 19th amendment granting women's suffrage.
Austerity Empowering Your Bottomline Shane Williams, M.S. CandidateShawill
The document discusses austerity measures and energy planning. It begins with an introduction to austerity and its relationship to budget cuts. It then discusses how the green movement has translated to business strategies focused on energy efficiency. The current economic environment of austerity and rising energy costs is explored. Trends in energy usage and potential for energy planning are reviewed. The document advocates for comprehensive energy planning as a solution to empower organizations facing austerity.
Henry Ford introduced a new economic model called Fordism in the early 1900s. Fordism involved using assembly line production methods to enable mass production and consumption. It organized workers into a highly efficient production process and also aimed to increase wages to boost mass consumption. Fordism spread widely after World War I as companies adopted assembly line production and countries sought to emulate the US economic model to recover from the Depression. It transformed industries and cities as large factories concentrated production and people migrated to urban areas for jobs.
History & Theory of Planning: Fordism, Suburbanization, and Urban RenewalAnuradha Mukherji
1. After WWII, there was a major expansion of suburban development driven by federal, state and local planning initiatives. This included new highways, zoning laws, government-backed mortgages, and large-scale planned communities like Levittown.
2. The GI Bill provided benefits to WWII veterans including low-cost mortgages, contributing to the housing shortage and demand for new suburban homes.
3. Developers like Levitt & Sons capitalized on this demand through mass-produced planned communities with standardized homes and community amenities. However, these suburbs were often rigidly segregated.
Paul Johnson, Director, Institute of Fiscal Studies, gives a background to economic growth in the UK and discusses what future NHS spending could look like.
The document summarizes the economic impacts of austerity measures in Canada. It argues that [1] austerity will likely lead to another recession as it has in other countries, [2] government debt ratios are manageable and deficits could be eliminated through fair tax measures instead of spending cuts, and [3] austerity disproportionately impacts working people and increases inequality. The response should expose the failures of neoliberalism and privatization, advocate for fair taxes, resist commodification of public services, and build alliances through mobilization and democratic participation.
Update on the environment and trends being experienced by the property casualty insurance industry presented to a group of executives attending MapInfo's MapWorld conference.
The document discusses the implications of a lower interest rate environment. It outlines how interest rates have declined to low levels not seen in decades. It explores reasons for the low rates, including reduced inflation and a credible Federal Reserve policy. The document examines the implications for investors like pension funds and insurers, including challenges from extended liability durations. It also looks at how institutions have responded by revisiting asset allocation studies.
This document provides an overview of key challenges to prepare for in retirement, strategies for achieving a successful retirement, and putting an income plan into practice. It discusses 5 challenges: longevity, inflation, healthcare costs, policy changes, and investment risks. It also covers strategies like diversifying investments, managing withdrawals, adding guaranteed income, managing taxes, and addressing other risks. Finally, it discusses matching income sources to expenses and using a "bucket" approach to income planning.
Strategies to Expand Insurance Coverage for Adults: Preliminary Findings for...soder145
Presentation by Sharon Long at the AcademyHealth Annual Research Meeting session, "The Lab Reports: Evaluating State's Actions to Expand Access and Coverage," Chicago, IL, June 30 2009.
The document compares the performance of different portfolio allocations from 2001-2004 and 1Q 2004. It shows that portfolios with a mix of stocks and bonds significantly outperformed those with 100% stock allocations during periods of market decline from 2001-2003. The key finding is that asset allocation, or how assets are divided among asset classes like stocks and bonds, has the biggest impact on portfolio performance rather than choices about specific securities or market timing.
The document discusses 4 critical factors for reducing volatility and maximizing investment returns:
1. Reduce volatility through strategies that buy markets instead of individual stocks.
2. Optimize portfolio construction to capture upside while managing downside risk.
3. Reduce expenses and fees which can significantly impact long-term returns.
4. Reduce taxes through tax-efficient investing to keep more of the returns.
Livestock production and poverty alleviation in arid and semi-arid tropica...ILRI
Presented by Carlos Seré, Augustine Ayantunde, Alan Duncan, Ade Freeman, Mario Herrero, Shirley Tarawali, and Iain Wright at the XXI International Grassland Congress and VIII International Rangeland Congress, held in Hohhot, Inner Mongolia, China from 29 June - 5 July 2008
This document summarizes a presentation arguing that Medicare is sustainable if the healthcare system changes how it delivers services. The key points are:
1) Healthcare costs have increased as a share of GDP but have remained stable or decreased when accounting for the broader economy. The aging population will have a moderate impact that can be managed with preventative care.
2) Most of healthcare's problems are due to outdated delivery processes rather than unsustainable costs.
3) Completing Tommy Douglas's vision for the "Second Stage" of Medicare - a patient-focused delivery system emphasizing prevention - can control costs while improving care. Changes to delivery processes rather than cutting services are needed.
Tom Ritchie of Eide Bailly presented on the Fiscal Cliff and the American Taxpayer Relief Act of 2012. The Act averted tax increases for many by extending many expired tax breaks and increasing taxes for high-income individuals. It maintained higher estate tax exemptions of $5 million indexed for inflation. The Act also addressed provisions in the Affordable Care Act including higher Medicare taxes and a medical device excise tax. Ritchie provided examples of how the Act impacts individual and business taxpayers.
The document discusses the impact of socioeconomic changes on health and healthcare systems. It notes that total health expenditures in Thailand have been rising but remain stable at around 4% of GDP. The poor previously spent a larger percentage of their income on healthcare than the rich, but this gap has narrowed. Upcoming changes like an aging population and the ASEAN Economic Community will present challenges and opportunities for Thailand's health system and services sector. Cross-cultural factors, emerging technologies, and lifestyle choices will also impact population health.
The document discusses poverty trends in Buncombe County, North Carolina. It shows that since the recession, employment has declined the most in manufacturing, construction, and among younger workers. Female employment declined more sharply than male. The number of people receiving public assistance like Medicaid and food stamps has risen greatly. A living wage in the county is estimated to be between $13-20 per hour depending on family size, but many jobs pay less than this.
CUPE’s national pension trustee training began with a panel on the state of public and workplace pensions. CUPE economist Toby Sanger kicked off the discussion with a overview of how the economic crisis and its fallout will affect pensions.
The document discusses the potential link between career guidance, human resources development, migration, labor market efficiency, training quality, and democracy. It argues that career guidance can help address challenges related to migration between Europe and MENA countries by improving education and skills matching labor demands. Effective career guidance systems also support public policy goals in education, employment, and social cohesion. While challenges remain in implementing career guidance programs in MENA, governments and support organizations could help by developing long-term strategies and providing technical assistance.
North Carolina's economy and tax revenues have been declining in recent decades. While the state was once a top performer in job and income growth, it now lags behind national averages. The tax base has narrowed as consumption patterns have changed, yet tax rates have increased to compensate. This unstable structure leaves the state vulnerable to budget shortfalls during recessions. To promote long-term economic growth and fiscal stability, tax reform is needed to develop a simpler, more competitive system that broadens the base and ensures a steady revenue stream.
The average number of
Students/Non-Instructional
Professional in the eight K-12
districts is 438.3
Keene averages 406.6
Students/Non-Instructional
Professional.
guidance counselors, library
media specialists, principals,
assistant principals, etc.
Students served by each non-
instructional professional.
Of the eight K-12 districts,
the average number of
Students/Non-Instructional
Professional is 438.3
Keene averages 406.6
Students/Non-Instructional
Professional.
This category does not include
clerical or other support staff.
This document discusses promoting youth employment in Africa. It begins by asking why focusing on youth employment is important and examines the employment situation of young Africans. While unemployment is an issue, many youth also face poor quality employment, inactivity, or discouragement. The document then outlines actions that can be taken to address youth unemployment, including improving demand for labor, addressing skills mismatches, increasing access to finance and reducing barriers for firms, and reforming education to better match the needs of African economies.
Presentation: Health Reform in Massachusettsmasscare
The document summarizes the Massachusetts Model of Health Reform, including its origins, structure, impacts, challenges, and lessons for national reform. Key points:
- The 2006 reform law expanded insurance coverage through an individual mandate, employer requirements, and subsidizing coverage up to 300% of poverty.
- It reduced the uninsured rate from 10% to around 4-5% but increased costs for employers and individuals. Financial challenges grew for safety-net hospitals.
- While more have coverage, costs continue rising faster than income. If not addressed, the system may not be sustainable long-term. National reform efforts aim to achieve Massachusetts' coverage gains while better controlling health care spending.
The document discusses Latvia's declining population and the challenges of an aging population. It notes that Latvia's population decline is worse than it seems due to young people leaving for work after the economic collapse. Population aging is a global issue but is particularly severe in East Europe. Countries like Bulgaria and Ukraine will see over 20% of their populations over 65 by 2025. The aging population will significantly impact economies by reducing the working population and affecting patterns of national savings and debt.
Similar to Austerity, ageing and the future of public spending on older people (20)
October 29th, 2013
A public debate on the new radicalism emerging in UK housing policy.
Speakers at this event will include:
Ruth Davison, Director, Policy and External Affairs, National Housing Federation
Josh Miller, Senior Economist, RICS
Toby Lloyd, Head of Policy, Shelter
Matt Griffith, PricedOut
Chair: James Lloyd, Director, Strategic Society Centre
Twitter: #specialmeasures
“Build more homes” has become a universal political maxim, but few expect the UK’s housing shortage will be fixed during the next decade.
However, more stakeholders are now abandoning the notion that housing policy can be left to market forces, and a growing interest is observable in radical, unorthodox policy interventions to address the effects of housing under-supply on both households and the economy.
Recent examples of such ‘special measures’ proposed include:
A ‘cap’ on annual house increases;
Rent controls in the private rented sector;
A ban on new-build homes being sold to private landlords.
Politicians also appear more willing to consider unconventional positions: both the London Mayor and Leader of the Opposition have floated “use it or lose it” rules for undeveloped land.
Amid signs the public are also less inclined to view rising property prices as a good thing, the conditions now appear to be in place for manifestos in the 2015 general election to adopt the most radical policies on housing seen in decades.
This public debate will take stock of the new radicalism in debate on how public policy should respond to the effects of the housing shortage, and ask:
What are the key effects of housing under-supply for households and the economy? What policy responses are possible?
Why are we seeing new interest in unorthodox housing policy interventions now?
What are the lessons from overseas when governments have tried unorthodox measures?
How can we ensure that the new ideas and ‘special measures’ proposed are given a strategic direction and focus?
The document discusses the potential benefits of adopting a "one budget" approach that fully integrates health and social care budgets in the UK. Key points include:
- Integrating budgets could end cost-shifting between health and social care, incentivize preventative social care, and allow services to be commissioned based on integrated outcomes rather than artificial divisions.
- Challenges include ensuring resources aren't just pulled back to hospitals, determining personal budgets under a single system, and adapting regulations for integrated providers.
- Health and wellbeing boards could provide local governance structures but may require primary legislation to fully implement a single budget approach.
This document summarizes a discussion on raising pension contribution rates in the UK. It discusses how longevity has increased the ratio of time spent in retirement to time spent working. To achieve adequate retirement incomes, both high participation rates in pensions as well as adequate contribution rates are needed. Currently, reforms have focused on participation rates, but contribution rates of 8% of earnings may not be enough. Raising contribution rates could involve increasing regulations on minimum contributions, improving education, using incentives, or nudges like automatically increasing contribution rates over time. Both employee and employer contribution rates may need to increase, but this requires balancing adequacy with preventing increased opt-outs.
Help to Buy schemes aim to increase access to mortgage financing and boost the housing market. However, economic theory and evidence suggest they may primarily benefit existing homeowners and drive up house prices, while doing little for first-time buyers. Supply constraints from strict planning are a major underlying cause of high UK house prices. International experience shows subsidies are ineffective and risky; governments should instead focus on reforming planning to increase housing supply.
** 'Cold Society? Improving the UK's strategy for coping with the cold' **
Date(s) - 04/03/2013
5:30 pm - 7:00 pm
Location:
British Library Conference Centre
A British Library and Strategic Society Centre public debate about excess winter deaths and the cost of cold-related illness.
As winter draws to a close, the countdown begins until the Office for National Statistics publishes its annual estimate of ‘excess winter deaths’ – usually around 25,000 pensioners each year.
These deaths, and the cost of cold-related illness to the NHS – estimated to be £1.36 billion a year in England – are widely acknowledged to be unnecessary and preventable, particularly given the outcomes achieved in countries much colder than the UK.
Four government departments deploy policies directed at the effect of cold weather on the population: DH, DECC, DCLG and – spending by far the most – DWP.
However, it is still far from clear that the UK has an effective, adequate and joined up strategy for dealing with the effects of cold.
This event will therefore explore:
Are excess winter deaths and cold-related illness a problem of public health, low incomes, fuel poverty, poor home insulation or human behaviour?
Is government policy in this area effective or targeted?
As the biggest item of public spending in this area, what proportion of Winter Fuel Payments is spent on keeping warm? What would be the effect of scrapping Winter Fuel Payments on household fuel spending?
What is the scope for more joined-up policy interventions and choices?
Speakers at this event include:
Reg Platt, Research Fellow, Institute for Public Policy Research
Cormac O’Dea, Senior Research Economist, Institute for Fiscal Studies
James Lloyd, Director, Strategic Society Centre
Keep calm and carry on? Policy, psychology and the effects of 'economic war'Strategic Society Centre
1. The document discusses the psychological and health impacts of economic hardship and unemployment during periods of recession.
2. Past research has found that unemployment can significantly damage mental health and increase mortality risk, though the impacts may depend on context such as availability of social services.
3. Governments must prepare policies to help citizens cope with stress, support retraining, and curb rising inequality in order to minimize harm during economic downturns.
Slides from an APPG on Social Care public debate, in association with the Strategic Society Centre.
Date and time: 16.30-18.30, June 26th 2012
Location: Committee Room 18, House of Commons
Speakers at this event comprised:
James Lloyd, Director, The Strategic Society Centre
Paul Johnson, Director, IFS
Anita Charlesworth, Chief Economist, Nuffield Trust and former Director of Public Spending, HM Treasury
Caroline Abrahams, Director of External Affairs, Age UK
19 जून को बॉम्बे हाई कोर्ट ने विवादित फिल्म ‘हमारे बारह’ को 21 जून को थिएटर में रिलीज करने का रास्ता साफ कर दिया, हालांकि यह सुनिश्चित करने के बाद कि फिल्म निर्माता कुछ आपत्तिजनक अंशों को हटा दें।
लालू यादव की जीवनी LALU PRASAD YADAV BIOGRAPHYVoterMood
Discover the life and times of Lalu Prasad Yadav with a comprehensive biography in Hindi. Learn about his early days, rise in politics, controversies, and contribution.
Shark Tank Jargon | Operational ProfitabilityTheUnitedIndian
Don't let fancy business words confuse you! This blog is your cheat sheet to understanding the Shark Tank Jargon. We'll translate all the confusing terms like "valuation" (how much the company is worth) and "royalty" (a fee for using someone's idea). You'll be swimming with the Sharks like a pro in no time!
13062024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
CLICK:- https://firstindia.co.in/
#First_India_NewsPaper
ग्रेटर मुंबई के नगर आयुक्त को एक खुले पत्र में याचिका दायर कर 540 से अधिक मुंबईकरों ने सभी अवैध और अस्थिर होर्डिंग्स, साइनबोर्ड और इलेक्ट्रिक साइनेज को तत्काल हटाने और 13 मई, 2024 की शाम को घाटकोपर में अवैध होर्डिंग के गिरने की विनाशकारी घटना के बाद अपराधियों के खिलाफ सख्त कार्रवाई की मांग की है, जिसमें 17 लोगों की जान चली गई और कई निर्दोष लोग गंभीर रूप से घायल हो गए।
18062024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
CLICK:- https://firstindia.co.in/
#First_India_NewsPaper
Recent years have seen a disturbing rise in violence, discrimination, and intolerance against Christian communities in various Islamic countries. This multifaceted challenge, deeply rooted in historical, social, and political animosities, demands urgent attention. Despite the escalating persecution, substantial support from the Western world remains lacking.
Why We Chose ScyllaDB over DynamoDB for "User Watch Status"ScyllaDB
Yichen Wei and Adam Drennan share the architecture and technical requirements behind "user watch status" for a major global media streaming service, what that meant for their database, the pros and cons of the many options they considered for replacing DynamoDB, why they ultimately chose ScyllaDB, and their lessons learned so far.
#WenguiGuo#WashingtonFarm Guo Wengui Wolf son ambition exposed to open a far...rittaajmal71
Since fleeing to the United States in 2014, Guo Wengui has founded a number of projects in the United States, such as GTV Media Group, GTV private equity, farm loan project, G Club Operations Co., LTD., and Himalaya Exchange.
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16. Austerity, ageing and the future of
public spending on older people
José Iparraguirre
Chief Economist, Age UK
British Library, 29 November 2012
17. Outline
• OBR projections – ageing no cause for concern
• Age-related and age-driven spending
• Age-expenditure profiles and modifiable spending
• The inexact art of economic forecasts
• Distributional implications of policy recommendations
• Universal payments – the crucial small beer
32. Universal benefits – the crucial small beer
This is how much
is spent on Winter
Fuel Payments, Total Public
Concessionary Expenditure
Bus Fares, and (TME)…
free TV Licences
together…
33. Universal benefits – the crucial small beer
This is how much
is spent on Winter
Fuel Payments, Total Public
Concessionary Expenditure
Bus Fares, and (TME)…
free TV Licences
together…
0.58%
34. Universal benefits – the crucial small beer
Take-up
Pension credit: 62%-68%
Guarantee credit: 73%-80%
37. !
Austerity, Ageing and the Future of
Public Spending on Older People
#austerityageing
James Lloyd, Director, Strategic Society Centre
Monday November 26th, 2012
38. Q: Is it true that older cohorts have escaped
the effects of the government’s policy
response to the economic crisis?
!
39. Fiscal policy response? In some respects, yes – for
example, ‘triple-lock’ around the State Pension.
However, £1 billion spending gap has opened up since
2010 in adult social care and is causing real suffering…
… But not getting newspaper headlines.
… DCLG’s main gripe with councils currently is about
weekly bin collections.
40. But fiscal policy response is only one side of how
public policy has responded.
The other side is monetary policy.
Here, older people have been among biggest
‘losers’ through effects of:
1. Unprecedented low interest-rates
2. Quantitative easing
41. Many older people attempt to fund retirement
spending through interest earned on savings.
May not be sensible = exposure to ‘interest-
rate risk’.
Low interest rates effectively transfer value
from older people’s savings to their homes,
which monetary policymakers want to prop-up.
42. Quantitative easing and ‘annuity rates’
About a third of those retiring buy an annuity with
their pension savings. ‘Annuity rate’ is pension
income they receive in exchange for pension
savings
QE widely felt to have accelerated decline in annuity
rates
NB: Annuitisation decisions are permanent
43. Q: What are the pros and cons of targeting
public spending on older people
proportional to their means?
!
45. Cons:
Means testing pensioners disincentivizes
pension saving for retirement
Private pension income reduces entitlement
to means tested support
46. Cons:
Major policy push for near-universal workplace
pension saving is coinciding with arguments
for more means testing of pensioners
Raises issues of fairness and ‘mis-selling’
Are ‘auto-enrolment’ workplace pension
reforms tenable if direction of policy is more
means testing of pensioners?
47. Cons:
Effect of means testing on outcomes
Means testing system for Pension Credit only
reaches 2/3 of target group
Numbers matter: 1.3 million pensioners don’t
receive means tested support they should
(DWP)!
48. Cons:
Why low take-up of means
tested pensioner benefits?
Lots of reasons and lots of
related work by DWP… !
49. Cons:
So, no properly functioning mechanism for
means testing older people
Extraordinary lack of focus on issue of
feasibility of means testing
50. !
Q: Should older people be expected to “pay
more” at a time of government austerity, and
if so, how?
!
51. Good principle: everyone, including older people,
should share the pain of spending cuts proportional
to means
However, debate has got stuck on issue of means-
testing ‘pensioner benefits’.
“Why should older people with expensive homes get
Winter Fuel Payments?”… but does having an
expensive home = ability to pay more through cut in
income?
52. Is debate on means testing public spending on
older people confusing net wealth with ‘ability to
pay’?
Strange absence of debate on taxation of housing
wealth during time of government austerity.
Rationale for taxing wealth over means testing
public spending is much stronger
53. !
Q: Is political debate capable of identifying
and protecting cost-effective public
spending on older people, such as
prevention strategies that reduce
‘downstream costs’?
!
54. Currently – worrying signs that it is not.
Public spending on older people includes:
State Pension
Pension Credit
Winter Fuel Payments
Free bus passes
Free TV licenses
Disability benefits
Adult social care system
NHS expenditure on older people
55. !
If you means test increasing areas of older
people’s spending, when does this actually
become more expensive for the Exchequer?
!
56. Key point: a “wealthy pensioner” costs the
same in a hospital bed as a “poor pensioner”.
So, if policymakers have cost-effective
preventative strategies available, it does not
make sense to means test them…
… Even when this looks like a ‘hand-out’ to rich
older people.
57. Example:
Every year, 25,000 preventable excess winter
deaths occur among the elderly because of
the cold weather.
And, thousands of older people end up in
hospital or GP surgeries with cold-weather
related conditions.
58. Idea:
Given problems of cold-weather related demands on
NHS, and public spending on State Pension…
… why not take a £100 chunk out of everyone’s State
Pension, give it to them around Winter time and call it
something else that tells them it is for keeping warm?
Rationale: evidence suggests labeling cash transfers to
people is proven to influence behaviour.
!
59. What does this show?
In future, we will probably need more ‘pensioner
benefits’, not less.
Minimising overall public spending on older people
will require intelligent policymaking that includes:
1. Investment in prevention among ‘wealthy old’;
2. Intelligent policy design focused on influencing
behaviour, such as use of labelling
61. • Is it true that older cohorts have escaped the effects
of the government’s policy response to the economic
crisis?
• What are the pros and cons of targeting public
spending on older people proportional to their
means?
• Should older people be expected to “pay more” at a
time of government austerity, and if so, how?
• Is political debate capable of identifying and
protecting cost-effective public spending on older
people, such as prevention strategies that reduce
‘downstream costs’?