Model Answer:
Intra-generational equity focuses on the distribution of resources, opportunities, and wealth within a single generation. On the other hand, Inter-generational equity concerns the fairness of resource distribution and opportunities across different generations. Equity is a cornerstone of both inclusive growth and sustainable development.
Intra-Generational Issues of Equity
Intra-generational issue of equity
To address intra-generational equity, experts recommend progressive taxation and targeted redistribution of wealth. This includes higher taxes on the wealthy and increased social spending on health, education, and social protection for the underprivileged.
For inter-generational equity, sustainable resource management is crucial. Policies that promote the conservation of water, forests, and energy resources are essential. This includes implementing stricter environmental regulations and incentivizing the adoption of green technologies.
Climate adaptation strategies, such as developing resilient infrastructure, promoting sustainable agriculture, and investing in renewable energy, are vital for protecting both current and future generations from climate impacts.
Expanding access to quality education, particularly in rural and marginalised areas, is necessary for both intra- and inter-generational equity. This includes increasing public investment in education and implementing policies that address disparities in educational attainment.
Programs aimed at reducing social inequalities, such as affirmative action, gender empowerment initiatives, and regional development programs, are essential for achieving inclusive growth and sustainable development.
Intra-generational and intergenerational equity are intertwined with the broader goals of inclusive growth and sustainable development. Addressing these equity issues requires a multifaceted approach that considers economic, social, and environmental dimensions.
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