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東京大学公共政策大学院 | GraSPP / Graduate School of Public Policy | The university of Tokyo

Demographic and the aging – the impact of ageing on pension systems and on labour markets November 15, 2023

GPPN

Ageing has many causes: increase in life expectancy, papy boom and decrease in fertility. These elements have long weighed on pension systems, leading to many reforms in OECD countries. The impacts of these reforms are now visible: return of poverty amongst pensioners, increase in inequalities amongst pensioners between those who rely only on basic public pensions and those complementing with private fully funded schemes. What is less discussed (and more recently visible) are the consequences of ageing on the labour market, ie labour shortage.

This more recent development can explain various trends in the OECD labour market: the quiet quitting, demonstrations in the UK or Germany and the French protest against pension reforms asking to work longer without changing working conditions. With less people available on the labour market, workers are more able nowadays to negotiate wages and working conditions. What is at stake is also rethinking more inclusive and qualitative modes of management, able to embark workers in the various transitions firms have to face: the demographic, but also the digital and environmental transitions.

Join our expert panelists in this fourth webinar of the GPPN: Thinking Public Policy series, and hear their take on the impact and consequences of ageing on pension systems and labour markets.

Speakers and Chair

Nicholas Barr FRSA has an MSc in Economics from the London School of Economics and a PhD from the University of California, Berkeley, where he was a Fulbright Scholar. He is a Professor in Public Economics at the London School of Economics, the author of numerous articles, and author/editor of over twenty books, including The Economics of the Welfare State (5th edition, 2012), Pension Reform: A Short Guide (with Peter Diamond) (2010, also in Chinese and Spanish), and Financing Higher Education: Answers from the UK (with Iain Crawford), (2005).

Daiji Kawaguchi is a Professor of Economics at the University of Tokyo. Dr. Kawaguchi graduated from Waseda University (B.A., 1994), Hitotsubashi University (M.A., 1996), and Michigan State University (Ph.D., 2002). In addition to his position at the University of Tokyo, Kawaguchi is a program director of the Research Institute of Economy, Trade and Industry. Before joining the University of Tokyo faculty in 2016, Kawaguchi was an Assistant Professor of Economics at Osaka University (2002-03) and the University of Tsukuba (2003-05), and Associate and full Professor at Hitotsubashi University (2005-2016). He has also been a Visiting Scholar at the University of California, Berkeley (2005-06).

Bruno Palier (Chair) is CNRS Research Director at Sciences Po, Centre for European Studies and Comparative Politics. He co-directed and directed the LIEPP (Laboratory for Interdisciplinary Evaluation of Public Policies) between October 2014 and July 2020. He works on the comparative political economy of welfare state reforms. He is currently co-leading a project on the world politics of social Investment and another one on Growth and Welfare in Global Capitalism.

Ito Peng is a Professor of Sociology and Public Policy at the Department of Sociology, and the Munk School of Global Affairs & Public Policy. She is also the Director of the Centre for Global Social Policy, University of Toronto. She teaches political sociology, specializing in family, gender, and demographic issues, migration and comparative social policy. She has written extensively on family and gender policies, labour market changes, and the social and political economy of care in East Asia.

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