Podcast
Questions and Answers
What is the focus of SDG 1.5?
What is the focus of SDG 1.5?
- Resilience of the poor and reducing exposure to climate-related situations (correct)
- Labour rights and safe working environments
- Full and productive employment for all
- Transfer of tasks to users from producers
What is a significant cause of changes in the labour market according to the text?
What is a significant cause of changes in the labour market according to the text?
- Decreased demand for regulation
- Globalization and international trade (correct)
- Increased workplace-related work after WFH during Covid-19
- Stable employment relationships
What is an example of the transfer of tasks mentioned in the text?
What is an example of the transfer of tasks mentioned in the text?
- Longer life expectancies and smaller family sizes
- Offshoring and jobs moving to cheaper places (correct)
- Stable employment relationships
- Increased workplace-related work after WFH during Covid-19
What is a notable impact of digitization on jobs according to the text?
What is a notable impact of digitization on jobs according to the text?
What was the year when the Sickness Benefit Act was introduced in the Netherlands?
What was the year when the Sickness Benefit Act was introduced in the Netherlands?
What determined the benefit under the WAO Act for Long Term Disability in the Netherlands?
What determined the benefit under the WAO Act for Long Term Disability in the Netherlands?
When did the shift from public to private responsibilities regarding long-term disability occur in the Netherlands?
When did the shift from public to private responsibilities regarding long-term disability occur in the Netherlands?
What is the threshold for employers to be mandated by the Corporate Sustainable Reporting Directive (CSRD) by the EU?
What is the threshold for employers to be mandated by the Corporate Sustainable Reporting Directive (CSRD) by the EU?
What does the CSRD require employers to disclose?
What does the CSRD require employers to disclose?
According to the text, what is a reason why legacy filled systems are not providing the right solutions for the current labor market?
According to the text, what is a reason why legacy filled systems are not providing the right solutions for the current labor market?
Based on the text, what does the future need according to the author?
Based on the text, what does the future need according to the author?
What is one advantage mentioned in the text for having a hybrid model for service level?
What is one advantage mentioned in the text for having a hybrid model for service level?
What does tech enable according to the text?
What does tech enable according to the text?
What has led to pressure on safety nets according to the text?
What has led to pressure on safety nets according to the text?
What influences behavior and future ESG according to the text?
What influences behavior and future ESG according to the text?
What has been the impact of digitalization and industrialization on poverty?
What has been the impact of digitalization and industrialization on poverty?
Which region has the highest poverty level?
Which region has the highest poverty level?
What has been the impact of COVID-19 on GDP?
What has been the impact of COVID-19 on GDP?
What is the key driver of poverty impact mentioned in the text?
What is the key driver of poverty impact mentioned in the text?
How does climate change impact economic inequality?
How does climate change impact economic inequality?
What has been the trend in inequalities over time?
What has been the trend in inequalities over time?
What is the government tasked with in the context of inequality?
What is the government tasked with in the context of inequality?
Which group is more impacted by natural disasters according to the text?
Which group is more impacted by natural disasters according to the text?
What has been the trend in GDP per capita differences between high-income and low-income countries?
What has been the trend in GDP per capita differences between high-income and low-income countries?
What are the outcomes mentioned in the context of age pyramid shifting?
What are the outcomes mentioned in the context of age pyramid shifting?
What has been the trend in demand and competition for workers due to age pyramid shifting?
What has been the trend in demand and competition for workers due to age pyramid shifting?
What is mentioned about unemployment percentages across continents?
What is mentioned about unemployment percentages across continents?
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Study Notes
Impact of Economic Inequality, Climate Change, and COVID-19 on Global Poverty and Welfare Systems
- Age pyramid shifting, leading to changing demand and competition for workers
- Outcomes: big opportunities for tech-driven and skilled workers, but less for low-skilled workers
- Tension in society due to inequality, with the government tasked with redistribution
- Digitalization and industrialization have decreased poverty, but it is increasing again, especially due to COVID-19
- Sub-Saharan Africa has the highest poverty level, while East Asia has significantly lower levels
- Unemployment percentages are similar across continents, but poverty is about having a decent job
- Inequalities have diminished over time, but GDP per capita differences between high-income and low-income countries have increased
- Housing, unemployment, labor market, and family benefits have increased in many countries post-war, but the first 40% in many high-income countries have very little means
- Poor people are more impacted by natural disasters and emerging markets are exposed to recent crises, leading to an increase in poverty
- Agriculture is a key driver of poverty impact, and global warming could worsen health and productivity
- Climate change has a non-linear impact on economic inequality, with hot countries suffering more
- COVID-19 has had a large negative effect on GDP, leading to long-term impacts on debt, unemployment, household income, and health
Source: Diffenbauch and Burke's paper on the impact of climate change on economic inequality, and Sanchez et al.'s paper on the effect of COVID-19 on income and the tax-benefit system in Belgium, Italy, Spain, and the UK
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