Represent a trade-off between equality and efficiency

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In France, a strike over President Emmanuel Macron's planned pension has disrupted key services across the country this week. Public transport, schools and hospitals have been affected by the action. At least 800,000 people protested on Thursday, with clashes reported in several cities. Unions have called for more mass demonstrations on Tuesday. Workers are angry about the prospect of retiring later or facing reduced payouts. France currently has 42 different pension schemes across its private and public sectors, with variations in retirement age and benefits. Mr. Macron says his plans for a universal points-based system would be fairer, but many disagree. (https://www.bbc.com/news/world-europe-50682071)

Please discuss how this reform might represent a trade-off between equality and efficiency

Reference no: EM132908501

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