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IGRS

BACKGROUND:

Inter-Generational Risk Sharing (IGRS) is a concept in economics and finance that refers to the mechanism through which risks associated with economic fluctuations are distributed across different generations. It involves strategies and policies aimed at spreading and mitigating risks that affect individuals and societies over time. IGRS frameworks are designed to address issues related to intergenerational equity and welfare by ensuring a fair allocation of risks and resources across different age groups.