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Cross-Generational-Affairs

"Aging without getting old": in 2050 there will be about 15 million fewer people living in Germany than there are now. One in three will be over 65 and one in seven over 80. This situation, which is likely to be similar in many industrialized countries, will impact all areas of life, human interaction and economic development. It will undermine the much-cited “pact between the generations” and call into question the foundations of our present healthcare and social insurance systems. The global debt crisis is forcing us to seek new answers to the increasingly urgent questions of fair apportionment of the burden between gen­erations, sustainable public and corporate financ­ing, and, above all, the very survival of social and state systems, institutions and companies. Business people who think beyond their own generation therefore have to address very fundamental issues that could affect their successors as well as broader society.