| Preface | 5 |
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| Contents | 8 |
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| Contributors | 13 |
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| Summary of the Chapters | 20 |
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| Part I Demographic Trends | 25 |
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| Chapter 1 Low Fertility in Europe in a Global Demographic Context | 26 |
| 1.1 Introduction | 26 |
| 1.2 The End of Population Growth in a Demographically Divided World | 27 |
| 1.3 The Changing Global Distribution of Population and Human Capital | 31 |
| 1.4 How Low Can Fertility Fall in Europe? | 33 |
| 1.5 Three Mechanisms that May Cause a Downward Spiral in Future Birth Rates | 36 |
| 1.6 Conclusions | 40 |
| Part II The Impact of Demographic Developments on Key Indicators | 43 |
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| Chapter 2 Demography and Budget Consolidation: An Analysis and Possible Courses of Action | 44 |
| 2.1 Introduction | 44 |
| 2.2 Public Debt Monitor | 45 |
| 2.3 Successful Consolidation: An International Comparison | 48 |
| 2.4 Reform Measures on the Expenditure Side | 48 |
| 2.5 Reform Measures on the Revenue Side | 49 |
| 2.6 Institutional Changes in the Budget Process | 49 |
| 2.7 Drawing Conclusions from “Soft Factors” | 50 |
| 2.8 Summary and Outlook | 50 |
| Chapter 3 Intergenerational Justice and Economic Growth. A Challenge for Economic Policy | 52 |
| 3.1 Economic Theory and the Theory of Justice | 52 |
| 3.2 Germany: Facing Demographic Change and the Need for Education Reform | 54 |
| 3.3 Driving Forces of Economic Growth | 60 |
| 3.4 The Concept of Intergenerational Justice | 64 |
| 3.5 A National Strategy for Long-term Growth | 68 |
| Chapter 4 Demographic Development: Not Really a Problem for Coming Generations | 74 |
| 4.1 Introduction | 74 |
| 4.2 Demographic Change and Economic Consequences | 75 |
| 4.3 Prospects | 80 |
| 4.4 Political Recommendations | 82 |
| 4.5 Family Policy | 82 |
| 4.6 Migration | 82 |
| 4.7 Increasing Duration of Working Life | 84 |
| 4.8 Increase of Labor Force Participation | 85 |
| 4.9 Reform of Labor Force Behavior | 87 |
| 4.10 Reform of the Pension System | 88 |
| 4.11 Summary | 90 |
| Chapter 5 Macroeconomics and Age Structure in a Welfare State – Sweden 1946 – 2005 | 92 |
| 5.1 Demography and Welfare State Macroeconomics | 92 |
| 5.2 Macroeconomic Mechanisms for Age Effects | 95 |
| 5.3 Estimation Methods | 99 |
| 5.4 Estimated Age Patterns | 102 |
| 5.5 Discussion of the Estimates | 105 |
| 5.6 The Importance of Age Structure for Swedish Economic Development | 108 |
| 5.7 Concluding Remarks | 112 |
| Part III The Relationship Between Key Sustainability Indicators and Intergenerational Justice | 117 |
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| Chapter 6 Demographic Change and Sustainability: A Generational Balance | 118 |
| 6.1 Introduction: Is Growing Good and Shrinking Bad? Or Vice Versa? | 118 |
| 6.2 What Does “Generational Balance” Mean in the Context of Sustainability? | 119 |
| 6.3 Demographic Development in Germany – Regional Disparities | 120 |
| 6.4 Energy, Settlements, Mobility – Securing Public Utilities and Services | 125 |
| 6.5 Natural Heritage – A Matter of Culture | 135 |
| 6.6 Conclusion: The Challenge of Adaptation | 141 |
| Chapter 7 Intergenerational Justice in an Extreme Longevity Scenario | 145 |
| 7.1 Introduction | 145 |
| 7.2 The Truth About the Fountain of Youth? | 146 |
| 7.3 Ethical Issues in Biogerontological Endeavours | 147 |
| 7.4 Consequences for Intergenerational Justice? | 148 |
| 7.5 Anti-aging or Acceptance of Frailty and Finiteness? – A Question for All Generations | 150 |
| Part IV Intergenerational Justice and Population Policies | 153 |
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| Chapter 8 An Ethical Assessment of the Legitimacy of Anti-natalistic Birth Policies | 154 |
| 8.1 Introduction | 154 |
| 8.2 Focus on Anti-natalistic Birth Policies | 154 |
| 8.3 The Human Rights Discourse and the Ethical Discourse | 159 |
| 8.4 The Dissemination of Birth Policies | 160 |
| 8.5 The Role of the State | 160 |
| 8.6 The Democratic Proviso | 162 |
| 8.7 The Link Between Severity and Efficiency | 163 |
| 8.8 The Classification of Birth Policies | 164 |
| 8.9 Reaching Ethical Decisions | 167 |
| 8.10 Incentives and Disincentives | 169 |
| 8.11 Are Bonuses and Maluses Equal from an Ethical Point of View? | 169 |
| 8.12 The Four-fifths Rule | 170 |
| 8.13 Arguments Against the Four-fifths Rule | 173 |
| Part V The Implementation of Long-term Thinking | 177 |
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| Chapter 9 Changing the German Constitution in Favor of Future Generations – Four Perspectives from the Young Generation | 178 |
| 9.1 Introduction, by Joerg Chet Tremmel | 178 |
| 9.2 Intergenerational Justice from the Perspective of the Christian Democrats/Christian Socials, by Marco Wanderwitz, Member of the German Bundestag (CDU) | 179 |
| 9.3 Intergenerational Justice – The Social Democratic Perspective, by Peter Friedrich, Member of the German Bundestag (SPD) | 180 |
| 9.4 “We Have Only Borrowed the Earth from Our Children” – The Green Perspective, by Anna Lührmann, Member of the German Bundestag (Green) | 183 |
| 9.5 Intergenerational Justice in the Constitution – The Liberal Perspective, by Michael Kauch, Member of the German Bundestag (FDP) | 186 |
| Chapter 10 Demographic Pressure and Attitudes Towards Public Intergenerational Transfers in Germany – How Much Room Left for Reforms? | 189 |
| 10.1 Introduction | 189 |
| 10.2 Theoretical Starting Point – Mannheim’s Concept of Political Generations | 191 |
| 10.3 Preferences Towards Public Intergenerational Transfers | 194 |
| 10.4 Empirical Analysis: Public Intergenerational Transfers in Germany | 204 |
| 10.5 Summary and Directions for Future Research | 216 |
| Information on the Foundation for the Rights of Future Generations | 220 |
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| Subject Index | 223 |
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| Index of Persons | 228 |