Record Details

The financial aspect of intergenerational solidarity from the point of view of the senior

Copernican Journal of Finance & Accounting

View Archive Info
 
 
Field Value
 
Title The financial aspect of intergenerational solidarity from the point of view of the senior
The financial aspect of intergenerational solidarity from the point of view of the senior
 
Creator Piotrowski, Dariusz; Faculty of Economic Sciences and Management, Nicolaus Copernicus University, Gagarina 13a, 87-100 Toruń, Poland, phone: 56 611 46 34
 
Subject intergenerational solidarity; public finance; social expenditure
A13; H51; H55; O15
intergenerational solidarity; public finance; social expenditure
A13; H51; H55; O15
 
Description Many currents in economics put an emphasis on the social aspect of management. Recommendations are formulated with regard to using resources having in mind the satisfaction of needs by the current and future generations. The economic crisis has shown the bad state of public finance of many countries and put into question the existence of intergenerational solidarity in the financial terms. The lack of balance between generations is related with a high level of public debt and social obligations of the state burdening chiefly the young generation. The study aims at examining how seniors understand the nature and financial expressions of intergenerational solidarity. The supplementary objective is to learn the seniors’ views on the need and directions of reforms of the Polish public finance, in particular in the scope of pension and health benefits. Objectives were achieved and research hypotheses verified through the critical analysis of literature on the issue and on the basis of the author’s survey among the members of the Toruń Third Age University and the Kujawsko-Dobrzyński Third Age University. The results achieved allow for a conclusion that the vast majority of respondents understand the notion of intergenerational solidarity incorrectly are not aware of the scale of financial obligations which were put on the younger generations, and put too much emphasis on their own input into the increase of our country’s wealth. It Has also turned out that seniors very often present a demanding attitude in the field of the state’s social expenditure and do not take into consideration the financial capabilities of the state.Translated by Dariusz Piotrowski
Many currents in economics put an emphasis on the social aspect of management. Recommendations are formulated with regard to using resources having in mind the satisfaction of needs by the current and future generations. The economic crisis has shown the bad state of public finance of many countries and put into question the existence of intergenerational solidarity in the financial terms. The lack of balance between generations is related with a high level of public debt and social obligations of the state burdening chiefly the young generation. The study aims at examining how seniors understand the nature and financial expressions of intergenerational solidarity. The supplementary objective is to learn the seniors’ views on the need and directions of reforms of the Polish public finance, in particular in the scope of pension and health benefits. Objectives were achieved and research hypotheses verified through the critical analysis of literature on the issue and on the basis of the author’s survey among the members of the Toruń Third Age University and the Kujawsko-Dobrzyński Third Age University. The results achieved allow for a conclusion that the vast majority of respondents understand the notion of intergenerational solidarity incorrectly are not aware of the scale of financial obligations which were put on the younger generations, and put too much emphasis on their own input into the increase of our country’s wealth. It Has also turned out that seniors very often present a demanding attitude in the field of the state’s social expenditure and do not take into consideration the financial capabilities of the state.Translated by Dariusz Piotrowski
 
Publisher Uniwersytet Mikołaja Kopernika w Toruniu
 
Contributor

 
Date 2014-11-21
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion




 
Format application/pdf
 
Identifier http://apcz.pl/czasopisma/index.php/CJFA/article/view/CJFA.2014.021
10.12775/CJFA.2014.021
 
Source Copernican Journal of Finance & Accounting; Vol 3, No 2 (2014); 111-126
Copernican Journal of Finance & Accounting; Vol 3, No 2 (2014); 111-126
2300-3065
2300-1240
 
Language eng
 
Relation http://apcz.pl/czasopisma/index.php/CJFA/article/view/CJFA.2014.021/4556
 
Coverage





 
Rights Copyright (c) 2014 Copernican Journal of Finance & Accounting