Boomers

A Generation Set Aside
A Generation Set Aside
A Generation Set Aside Often we hear of the generation gap -- that huge expanse between parent and child. Perhaps it is an acquaintance gap. Young people and adults do not know each other. The inability to communicate often enters the picture. Sometimes it is because neither knows what the other is interested in. They live under the same roof, but they rarely see one another, especially after the teenage years come along. The father goes off to work before the children are awake. Mother may go b
Aging Working Force Raising Retirement Age
Aging Working Force Raising Retirement Age
Aging Working Force: Raising Retirement Age Introduction Recently, the birth rate is decreasing rapidly in Hong Kong. We are facing an ageing population problem and the labor force structure is imbalance. What’s more, the government’s retirement plan is a failure as it does not provide enough financial assistance to them, both by publicly and privately managed plan. The elderly cannot afford the living after retirement by their private savings and insurance. We strongly suggest the governmen
What Are Economic Incentives?
What Are Economic Incentives?
What Are Economic Incentives? Economic incentives are what motivates you to behave in a certain way, while preferences are your needs, wants and desires. Economic incentives provide you the motivation to pursue your preferences. Economic incentives include cash rewards, bonuses, income and profits Let's look at a basic example. Let's say you want wealth. You are motivated to work because you will be paid, which will help you achieve your preference for accumulating wealth. Of course, economic d