Will business be asked to bail out social security?

Article Abstract:

The US social security system is in trouble because beneficiaries are living longer and decreased birth rates have shrunk the number of workers financing the system. The US business community will probably be asked to finance part of the cost of restoring the system's viability. Proposals for achieving financial solvency include raising the social security tax on income, pushing back to 70 the age at which benefits can be collected, reducing benefit payments, and allowing part of social security tax proceeds to be invested in the stock market. US business would be harmed by all but the stock investment proposal.

Planning, Finance, Business enterprises, Social security, Social security beneficiaries, Entitlement spending, Social security taxes

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The greening of Costa Rica

Article Abstract:

Costa Rican President Jose Maria Figueres is sincerely committed to making his country a model of sustainable development. Since taking office in 1994 he has enacted taxes to protect Costa Rica's natural resources, halted environmentally harmful development projects, consolidated the country's parks and reserves, and pledged to set aside 25% of Costa Rican land as conservation areas to preserve his nation's rich biodiversity. Figueres hopes that ecotourism and pharmaceutical harvesting programs will help make his policies profitable. Other countries have begun to emulate Costa Rica.

Economic policy, Costa Rica, Sustainable development, Figueres, Jose Maria

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Market forces now drive the environmental steamroller

Article Abstract:

The ISO (International Standards Organization) 14000 group of environmental standards, to be finalized in 1996, will reshape the environmental side of global commerce. Although the US environmental movement has been slowed, world spending on clean-up, recycling, and related efforts has increased. World environmental concerns are driven by market forces, a phenomenon that will accelerate under the ISO 14000 standards. These standards will provide a green passport in the world marketplace, acting as a sign of consumer approval and allowing entry into markets such as Japan.

Standards, United States, International trade, Environmental protection, international

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