Explain intra-generational and inter-generational issues of equity from the perspective of inclusive growth and sustainable development. (150 words)
Intra-generational equity refers to the distribution of resources and opportunities within a single generation. It is concerned with ensuring that the needs and rights of all members of a society are met, regardless of their age, gender, race, or other characteristics.
On the other hand, inter-generational equity refers to the distribution of resources and opportunities across different generations. It is concerned with ensuring that the needs and rights of future generations are taken into account and that they have the same opportunities as the current generation.
From the perspective of inclusive growth and sustainable development, both intra- and inter-generational equity are important considerations. Some key issues related to these concepts include:
- Intra-generational equity:
- Ensuring equal access to education, healthcare, and other basic services for all members of society
- Reducing income inequality and addressing poverty
- Promoting gender equality and empowering marginalized groups
- Inter-generational equity:
- Ensuring that natural resources are used in a sustainable manner, so that future generations can also benefit from them
- Protecting the environment and addressing climate change
- Ensuring that economic growth is inclusive and benefits all members of society, both present and future.
