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Projected demographic changes in industrialized and developing countries vary in extent and timing but will reduce the share of the population in working age everywhere. Conventional wisdom suggests that this will increase capital intensity with falling rates of return to capital and increasing wages. This decreases welfare for middle aged asset rich households. This paper takes the perspective of the three demographically oldest European nations — France, Germany and Italy — to address three important adjustment channels to dampen these detrimental effects of aging in these countries: investing abroad, endogenous human capital formation and increasing the retirement age. Our quantitative finding is that endogenous human capital formation in combination with an increase in the retirement age has strong implications for economic aggregates and welfare, in particular in the open economy. These adjustments reduce the maximum welfare losses of demographic change for households alive in 2010 by about 2.2 percentage points in terms of a consumption equivalent variation.
Mit dem machtpolitischen Aufstieg Chinas treten Weltregionen in den Fokus, die in unseren Breitengraden vormals eher am Rande wahrgenommen wurden – insbesondere Asien. Neben der gestiegenen weltpolitischen Bedeutung eröffnen sich auch akademisch spannende Perspektiven, wie unlängst die zweite Global South Caucus Konferenz der ISA in Singapur zeigte.
Diese Woche wieder ein Kessel Buntes aus der Welt der Blogs und Magazine. Die Themen diese Woche sind islamistische Rekrutierungsstrategien, Menschenrechtsregime, Kindersoldaten und Boko Haram. Dazu gibt es ein Interview mit Noam Chomsky und ein interessantes Blogforum zu Völkerrechtsgeschichten. Viel Spaß!
Das Ziel des heute startenden Blogforums ist es in den nächsten Wochen in gut verdaubaren Beiträgen blinde Flecken zu beleuchten, bereits bekannte Aspekte zu vertiefen, vermeintliche Gewissheiten aufzubrechen und so den Diskurs über „IS“ konstruktiv zu prägen. Dieser Aufgabe haben sich mehr als zwei Dutzend Expertinnen und Experten aus Wissenschaft, öffentlichen und privaten Sicherheitsinstitutionen, Journalismus, Entwicklungszusammenarbeit und De-Radikalisierungspraxis verschrieben...
In der diesjährigen Rede zur Lage der Nation hat Präsident Obama erneut einen relativ hohen Anteil seiner begrenzten Redezeit auf Außen- und Sicherheitspolitik verwendet – und damit den sich über seine zwei Amtszeiten abzeichnenden Trend bekräftigt. Exakt ein Viertel seiner knapp 6.500 Worte (für die er dieses Jahr 59 Minuten und 56 Sekunden benötigte) füllten Themen wie IS und Syrien/Irak, der Abzug aus Afghanistan, die Ukraine-Krise und russische Aggression, das Tauwetter in der Karibik, die Verhandlungen rund um das iranische Atomprogramm, Cybersicherheit, Ebola, Guantanamo und die „größte Gefahr für zukünftige Generationen“: Klimawandel....
Part V of our series on cyberpeace "Cyberpeace: Dimensionen eines Gegenentwurfs".
With everybody focusing on cyberwar, our blog has decided to discuss cyberpeace instead. So far we have seen musings on war and peace, the meaning of the term “cyberpeace” itself and how we construct it discursively and calls to end cyberwar by focusing on the technical aspects again. All of these points are valid. But I feel that they are limited in their scope, because they focus too much on the adversarial: The hacks, the malware, the evil hackers from North Korea. But peace is more than the absence of war – and, in our case, more than the absence of hacks. If we want to be serious about cyberpeace as a societal goal, we have to pay more attention to how we handle our data because this data has a huge impact on the peace within our society....
The treatise "Contra malos divites et usurarios" (Cracovie, 1512) was the first of the renowned Polish anti-usurious texts which was not written by a university professor but by an official of the royal administration. Stanisław Zaborowski focuses, especially, on the problem of land of the royal domain given by kings to great landlords as a pledge, with harm to res publica. He applies the late medieval conciliarist notions to the issue of royal power. Nevertheless, the text diverges from the medieval thought. Zaborowski’ discourse does not focus on demonstrating the rightness of the anti-usurious principles but rather on convincing the readers to follow them in life. The argumentation is ‘addressed’ more to the will than to the reason; it focuses on the vice of avarice, more than on the Seventh Commandment; the author emphasizes the virtue of charity, more than on the virtue of justice. Anti-usurious Zaborowski’s thought made a part of his political vision. His discussed treatise is closely related with his more renowned Tractatus de natura iurium et bonorum regis. In Contra malos divites et usurarios, the problems of public debt and forced loan are of crucial importance. At present Marcin Bukała is preparing the critical edition of the treatise.