Intergenerational Policy Evaluation

In this project we evaluate several policies from an intergenerational fairness point of view. A policy is fair to all generations if: it allows people of all ages to meet their needs; meet the needs of the present without compromising the ability of future generations to meet their own needs. On the other hand, a policy is considered unfair if it does not satisfy at least one of the following conditions:
• Disadvantage people at any specific stage of their life;
• Disadvantage any generation, current or future;
• Strengths the transmission of inequality through generations;
• Restricts the choices of future generations;
• Moves society away from its vision for the future.

We depart from the methodology developed by SOIF & Gulbenkian and propose changes to make it more quantitative and objective. The methodology includes five flexible stages:

1 Diagnostic: Captures key information about the policy, evaluates its fairness, and builds a timeline of short, medium and long-term effects.
2 Impact: Explores chains of intended and unintended impacts on generations over time, using available quantitative data.
3 Scenarios: Tests the baseline evaluation against alternative scenarios.
4 Process: Examines how the policy was designed and enacted, namely if intergenerational issues were considered.
5 Conclusions: Summarises the findings and recommendations.