This is an interesting development that all Older Modern States will need to address in the coming years regarding #ageing and #labourmarkets. A significant difference is that Germany has a much higher level of technical and mid-level skills in its older workforce compared to the UK, suggesting that the incentives may align better with individuals who enjoy their work/have decent pay or conditions. As noted in the article, a similar scheme in Greece had a comparable effect. The key question is whether this effect is consistent across different income brackets. Interesting nonetheless. https://on.ft.com/3W3XZp2
Germany's ageing workforce: A challenge and an opportunity
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Interesting insight on the economic effect of individual relocation: “One study found that the boost to state and local tax receipts from individual relocations is almost 10 times greater than that from corporate subsidies.
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Do IPOs Transform Workers’ Lives? Find out more in our new blog 👉 https://lnkd.in/eDeNEEkp In their 2025 working paper, Ramin Baghai, Rui Silva, and Margarida Soares study 18,813 employees at 153 Swedish firms to examine how going public affects workers’ wages, income stability, household finances, and family decisions. #HKUJCESGRI #ESGRI #IPOs #LaborEconomics #WorkplaceFinance #HouseholdEconomics #FamilyDecisions #EmployeeWellbeing #FinancialStability #PublicMarkets
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Across Europe, national and regional governments are adopting policies to (re-)attract and retain young people and “talent,” including for example lavish tax breaks and scholarships that restrict movement. In a new policy paper for the European Commission / DG REGIO, I ask: What are these policies and do they work? Key takeaways: Evidence is thin Uptake ≠ decisive impact on migration decisions Broader reforms matter more Economic incentives raise questions of reciprocity, cost-effectiveness and legitimacy Full paper here: https://lnkd.in/dQUBxXiK
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🇬🇧 UK reform has got to prioritise fixing the productivity gap with the US. This chart - from the International Monetary Fund tells a simple story - but one that should alarm every policymaker in Britain. Since 2000, the United States has pulled far ahead on productivity - the engine of growth, wages and living standards. While US output per worker has risen by almost 50%, the UK has managed barely half that. Though we now have an industrial strategy and the beginnings of mobilisation of new investment Britain is still stuck in a slow lane of weak investment, low R&D and underpowered infrastructure. In last week’s Business & Trade Committee hearing, witnesses told us that low investment and a lack of risk capital are holding Britain back. Lord Adair Turner warned that “the UK has been more disappointing—the disappointment factor has been bigger. We have fallen further below trend than either the US, Europe in general or most other European countries”. Professor Tera Allas CBE highlighted that “uncertainty of any kind creates a block on investment… the UK’s labour productivity performance has been very bad”. The scale of the challenge is stark. Allas explained that “for each hour worked, UK workers have a third less capital - so 33 % less—than workers in our peer countries”. She added that filling the estimated £2 trillion capital gap “is going to be decades.” Will Hutton told the Committee that “our institutions invest less in UK equity than any other country… we just do not invest in ourselves”. He urged rapid “pension-fund consolidation… above £25 billion and hopefully £50 billion” and argued for a “British pension plan that… would pay pensions out of accumulated funds rather than on a pay-as-you-go basis” He was clear on what’s at stake: “It is in our hands, in our country, to build a £1 trillion tech economy by 2040 - and not to repeat the mistakes of the last 15 years” Across witnesses there was rare agreement: the UK needs • policy stability to restore investor confidence, • bigger, braver pension funds to back British enterprise, and • a cultural shift toward risk-taking to power the next generation of scale-ups. See and subscribe to my Substack - in the comments - to stay in touch! #AccessToFinance #UKEconomy #Investment #PensionFunds #Productivity #BusinessAndTradeCommittee
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🇬🇧 Bold Rose Weekly Insight Keeping Britain Competitive: Why Tax Policy and Talent Policy Must Align As the UK works to attract world-class entrepreneurs, researchers, and professionals, every policy that affects how we reward enterprise matters. Reports suggest that Rachel Reeves may extend National Insurance to LLP partners - raising £1.9 billion annually. But this move could also weaken one of Britain’s strongest sectors: professional services. We talk often about bringing global talent to the UK - yet that talent thrives only when the surrounding ecosystem remains competitive, rewarding, and predictable. Tax fairness is essential. But so is policy coherence - ensuring fiscal decisions support the same innovation and growth agenda driving visa reform and investment attraction. If the UK wants to lead globally, it must protect both the people and the platforms that power its economy. Talent and tax go hand in hand. 💬 What’s your take? How can the UK strike the right balance between fiscal fairness and competitiveness? Kabeer Uddin | Bold Rose Accountants & Solutions Helping professionals and founders succeed - from visas to value creation. #BoldRoseWeeklyInsight #UKEconomy #TaxPolicy #Competitiveness #ImmigrationStrategy #FiscalStrategy #ProfessionalServices #Leadership #InnovationInTheUK #ThoughtLeadership
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Tax efficiency is one of the most overlooked factors in wealth creation. A $1,000,000 income looks the same everywhere — but your after-tax reality could differ by more than half. From 0% in Monaco to nearly 56% in Japan, this gap tells a bigger story about how nations fund public welfare, healthcare, and infrastructure. Source: OECD, PwC Global Tax Data (2025)
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Reduction in State and Territory Allocations At the MIA National Conference, Assistant Minister Julian Hill indicated that the Federal Government is likely to reduce skilled migration allocations to states and territories this financial year as part of its strategy to manage the existing visa backlog. Given the government’s continued focus on supporting regional migration, more populated jurisdictions such as Victoria and New South Wales are expected to face the most significant cuts. In contrast, regional states and territories may see their allocations remain stable or experience only minor reductions. The final allocation numbers are expected to be released within the coming weeks.
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Germany will need over four million additional workers by 2028, according to the Federal Ministry of Labour and Social Affairs. With an aging population, the country’s economic stability and social systems – including pensions – will increasingly depend on well-managed labor migration. Our Commission’s final report highlights how closely foreign and domestic policy are intertwined. Labor and skilled migration are not only key to Germany’s economic resilience, but also shaping equitable international partnerships: https://lnkd.in/dFHb4gJV At yesterday’s Global Perspectives Circle on labor migration, we launched the first in a series of deep dives into the Commission’s key topics and recommendations. We presented our new discussion paper, developed with the Berlin-Institute for Population and Development, which takes a closer look at labor migration from the perspective of young adults from different African countries, testing how proposed approaches align with lived realities and aspirations. Thank you to our speakers Janina Kugel, Holger Kolb, Khurram Masood, Emma Felsenstein, Claudia Langer, David Manicom, Mona Iddrisu, and Catherina Hinz. Fotos: Santiago Tascón #GermanyAndTheGlobalSouth
Global Perspectives | Connecting Global Talent: Building Ecosystems for Labor Migration
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Fantastic to see Kieser Australia eliminate manual spreadsheets by adopting Oracle NetSuite’s AI-powered ERP. Streamlining financial processes like this is a game changer for efficient growth and supporting Kieser deliver quality care! #kieser #netsuite #Ai
Kieser Australia is helping Australians live healthier lives—we’re powering stronger finances and decision-making behind the scenes! See how our AI-infused suite is helping the company improve its close by 88%, accelerate business processes, and deliver better care. https://lnkd.in/ebBKeC3X
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"Eligibility for one benefit may mean another is withdrawn, though they are assessed at different times. And so on. The Munich-based Ifo Institute enlisted the help of AI to tot up the total number of benefits in Germany. It reached over 500 before giving up." https://lnkd.in/da6JyGb2
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