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Masterclasses LSE-Fundación Ramón Areces en Ciencias Sociales 2024-(I)

La paradoja del envejecimiento: a medida que vivimos más, ¿podemos tener una calidad de vida asequible?

Ciencias Sociales 3, 4, 5 junio de 2024

Organizado por:

Fundación Ramón Areces y London School of Economics (LSE)

  • Descripción
  • Programa

Fechas3, 4, 5 de junio 2024
Horario: 3 y 4 junio 2024. De 10.00horas a 18.00 horas.  5 de junio 2024. De 09.30 horas a 14.00 horas
SedeFundación Ramón Areces, Vitruvio 5, 28006, Madrid 
Idioma: Inglés.
Coste Las clases magistrales son gratuitas. Los asistentes deberán cubrir sus gastos de viaje y alojamiento.
Participantes: Las plazas están limitadas a 25  participantes.

*Programa sujeto a cambios

Descripción


The Ageing paradox: as we live longer, can we have an affordable quality of life?

Global life expectancy increased by 6 years between 2000 and 2019, from 66.8 to 73.4 years on average, with huge difference between highest (Japan, 83 years) and lowest (Central African Republic, 53 years).   In the European Union, this figure is 80 years of age, which places considerable strain on the ability of both funding pensions and healthcare systems, but remains one of the most contentious policy reforms that governments seek to undertake.  This seminar will examine the policy options for countries with high longevity, and how those affect the citizens of a selection of European countries and take global references from how multilateral institutions such as the World Bank have changed their policies for developing economies.

Professor: Nick Barr, LSE European Institute.

Professor: Diego Valero, LSE Pensions Programme Director.

 

La paradoja del envejecimiento: a medida que vivimos más, ¿podemos tener una calidad de vida asequible?

La esperanza de vida mundial aumentó 6 años entre 2000 y 2019, pasando de 66,8 a 73,4 años de media, con enormes diferencias entre la más alta (Japón, 83 años) y la más baja (República Centroafricana, 53 años).   En la Unión Europea, esta cifra es de 80 años, lo que supone una considerable presión sobre la capacidad tanto de financiación de las pensiones como de los sistemas sanitarios, pero sigue siendo una de las reformas políticas más polémicas que los gobiernos tratan de acometer.  Este seminario examinará las opciones políticas para los países con una alta longevidad, y cómo afectan a los ciudadanos de una selección de países europeos, y tomará referencias globales de cómo instituciones multilaterales como el Banco Mundial han cambiado sus políticas para las economías en desarrollo.

 Profesor: Nick Barr, Instituto Europeo de la LSE.

 Profesor: Diego Valero, Director del Programa de Pensiones de la LSE.

Director académico: Andrés Rodríguez-Pose, Catedrático Princesa de Asturias y Profesor de Geografía Económica en la London School of Economics. Es Director del Centro Cañada Blanch LSE.

Moderador: Adam Austerfield es asociado del Centro Cañada Blanch de la LSE y de LSE IDEAs.

 

 

Información de la Masterclass

El programa, de 3 días de duración, está dirigido a profesionales que posean al menos un título de licenciatura o grado y que estén trabajando en el mundo de los negocios, académico, gobierno nacional, regional, local o centros de investigación. Las Lecciones Magistrales serán impartidas en inglés.

Las plazas están limitadas a 25 participantes que serán seleccionados de entre las personas inscritas, por un Comité compuesto por representantes de la LSE y de la Fundación Ramón Areces. 

El plazo de preinscripción estará abierto hasta el 10 de mayo de 2024. Su admisión les será comunicada antes del 14 de mayo de 2024.

 

 

 

 3  de junio

 

       Meeting the challenges of population ageing

         Professor: Nicholas Barr, LSE European Institute.

10:00-11:30 h.

Session 1: How to draw a dividing line between market and state: Who does what, and why

 Debates about the roles of markets and government are often framed as a binary choice between reliance mainly   on markets or mainly on government activity. The lecture explains why (a) based on the findings of multiple Nobel   prizes this century, leaving everything to markets does not work well, and (b) drawing on the communist   experience, why leaving everything to government does not work well. The analysis shows the conditions under   which an activity works better with market allocation, and when government intervention can be useful. The   lecture establishes the theoretical underpinnings for the remaining lectures.

11:30-12:00 h. 

  Coffe Break

 

12:00-13:30 h.

  Session 2: Pensions: Lessons from economic theory Part 1: Don’t overstate the usefulness     of building a fund

   Lectures 2 and 3 set out the economics of pensions. Lecture 2 outlines some background material and then                 explains that what matters for addressing population ageing are not pension funds per se, but increased saving         that translates into increased productive investment.

13:30-15:30 h.

   Almuerzo

 

15:30-17:00 h.

  Session 3: Pensions: Lessons from economic theory Part 2: Don’t overstate the usefulness     of consumer choice

    Lecture 3 draws on the findings of behavioural economics, supported by empirical evidence, that explain why              individual choice, though desirable for many goods and services, works badly for complex products like pensions.

4  de junio

10:00-11:30 h.

Session 4:  Challenges and solutions

 Drawing on the analytical findings set out in lectures 2 and 3, lectures 3 and 4 identify the main challenges and   ways of addressing them.  Challenges include increasingly fluid labour-market relations, declining fertility and   increasing longevity. Policies to address those challenges include non-contributory pensions, pension designs to   increase saving, and labour market and pension reform to facilitate later and more flexible retirement.

11:30 -12:00 h. 

  Coffe Break

 

12:00-13:30 h.

 Session 5: Case studies

 Lecture 5 considers advising Chile and (joint with Peter Diamond) advising Australia.

13:30-15:30 h.

  Almuerzo

 

15:30-17:00 h.

Session 6: Raising productivity: The centrality of human capital

One aspect of addressing population ageing relates to pension design; a parallel aspect is raising the productivity of the workforce, for which a central and (the lecture will argue) increasingly important element is human capital.  Clearly school attainment matters, but the lecture will focus mainly to two other aspects – the under-emphasised importance of early child development, and the controversy raised by the need to finance mass, high-quality higher education.

5  de junio

 

 

         Professor: Diego Valero, LSE Pensions Programme Director. 

09:00-10:30 h.

Session 7: Spanish pensions system in a global context

This session will consider the challenges for Spain in its own pensions system, considering other global examples the previous day, and the challenges brought by changing demographics and labour markets.

10:30-11:00 h. 

 Coffe Break

 

11:00-12:30 h.

Session 8: Financial wellbeing and behavioral pensions 

We will follow up on the previous sessions by delving deeper into the keys to financial wellbeing, the most relevant of which is savings. We will link long-term savings, pensions, the importance of considering people's behavior in savings processes and the behavioral techniques that can be applied. We will end with some mention of the use of artificial intelligence in this area.

12:30-12:45 h.

Descanso

 

12:45-13:45 h. 

Session 9: A walk into the future: megatrends, behavior and longevity.

 We will finally examine the three big megatrends - technology, longevity and sustainability - and how they are   linked through behavioral science.   We will also mention the current narratives that shape our vision and the   behavioral traps that affect it and make a mention of how we prepare for the future, in particular, the role that   financial wellbeing should play.


The session will end with a chance for participants to have a final Q&A, followed by a Certificate Ceremony.

 

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