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from Part I - Charities and Accumulation Delineated
Published online by Cambridge University Press: 23 July 2021
Chapter 2 describes the charity sector (Australia, Canada, New Zealand, the United States and the United Kingdom) and its regulation and investigates the goals of the charity sector and of charity law. In addition, it sketches some broad contours of the extent of charity accumulation and examines the key reasons for and implications raised by accumulation. In discussing the key implications, the chapter identifies normative principles relevant to assessing the intergenerational deferral of benefits, the issue of which generation gets to decide that intergenerational deferral and the potential for enhanced agency costs.
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