Defining and Measuring Inclusive Growth
Author: Ifzal Ali
Publisher:
Published: 2007
Total Pages: 52
ISBN-13:
DOWNLOAD EBOOKPosts
Inclusive Growth
Author: Rahul Anand
Publisher: International Monetary Fund
Published: 2013-05-30
Total Pages: 27
ISBN-13: 1484323211
DOWNLOAD EBOOKWe estimate a unified measure of inclusive growth for emerging markets by integrating their economic growth performance and income distribution outcomes, using data over three decades. Country distributions are calibrated by combining PPP GDP per capita and income distribution from survey data. We apply the microeconomic concept of a social mobility function at the macroeconomic level to measure inclusive growth that is closer to the absolute definition of pro-poor growth. This dynamic measure permits us to focus on inequality as well as distinguish between countries where per capita income growth was the same for the top and the bottom of the income pyramid, by accounting for the pace of growth. Our results indicate that macroeconomic stability, human capital, and structural changes are foundations for achieving inclusive growth. The role of globalization could also be positive with foreign direct investment and trade openess fostering greater inclusiveness, while financial deepening and technological change have no discernible effect.
Inclusive Growth
Author: Howard Thomas
Publisher: Emerald Group Publishing
Published: 2019-04-10
Total Pages: 152
ISBN-13: 1789737796
DOWNLOAD EBOOKThe book outlines a journey from enabling models of government and business to strategies for creating both financial and social inclusion and entrepreneurism as mechanisms for sustainable and inclusive growth.
Development Centre Studies Can Social Protection Be an Engine for Inclusive Growth?
Author: OECD
Publisher: OECD Publishing
Published: 2019-04-24
Total Pages: 102
ISBN-13: 9264573712
DOWNLOAD EBOOKThe potential role of social protection in the development process has received heightened recognition in recent years, yet making a strong investment case for social protection remains particularly challenging in many emerging and developing countries. This report challenges us to think deeply about the economic rationale for social protection investments through an inclusive development lens. It helps us understand the links between social protection, growth and inequality; how to measure those links empirically; social protection’s impact on inclusive growth; and how to build a more solid economic case for greater social protection investments.
Equity and Well-Being
Author: Hyun Hwa Son
Publisher: Routledge
Published: 2013-04-03
Total Pages: 274
ISBN-13: 113657932X
DOWNLOAD EBOOKEquity is an abstract concept covering philosophical issues such as fairness and social justice, making its definition and measurement complex. This volume tackles these complexities head-on. The book is enriched with many empirical analyses and provides a comprehensive analysis of equity ranging from concepts and measurements to empirical illustrations and policy implications. After an extensive discussion on equity in the introduction, this volume begins with a chapter on well-being where the concepts of functioning and capability are discussed. This is followed by a few chapters on what an equitable distribution is and how equity can be measured. The volume then provides a definition and a methodology to measure equitable growth, examining the relationship between growth, inequality, and poverty. It also presents various empirical illustrations and country-specific experiences with three country case studies which assess whether publicly provided health and education services are equitable in developing Asia, examining the extent to which these social services favor the poor as well as the policy challenges to a more equitable delivery of these services. Finally, these country studies provide evidence–based policy recommendations to improve equity in social service delivery in developing countries. Achieving social equity has long been an important policy goal. There are relatively few studies on equity. This book aims to help fill this gap with an in-depth analysis of the issues associated with equity, covering its concept, measurement, and policy practices and implications.
Determinants of Inclusive Growth in ASEAN
Author: Victoriia Alekhina
Publisher: International Monetary Fund
Published: 2020-07-03
Total Pages: 39
ISBN-13: 1513549197
DOWNLOAD EBOOKOver the past decades ASEAN countries have experienced rapid economic growth accompanied by a dramatic fall in poverty rates, but income inequality has not retreated. This research aims at identifying factors which could contribute to more equally distributed growth in ASEAN. To measure inclusive growth, we use a variable integrating per capita income growth and an equity index. A cross-country panel analysis of the impact of macro-structural factors on inclusive growth and its two components suggests that fiscal redistribution, female labor force participation, productivity growth, FDI inflows, digitalization, and savings significantly drive inclusive growth. A scenario analysis based on our econometric results suggests that the implementation of fiscal redistribution and labor market-oriented structural reforms could help significantly accelerate inclusive growth in ASEAN.
A Note on Measuring Inclusive Growth and the Inclusiveness of Growth
Author: Siddhartha Mitra
Publisher:
Published: 2017
Total Pages: 11
ISBN-13:
DOWNLOAD EBOOKThis paper makes three basic contributions: a) review an already existing measure of 'inclusive growth' derived from a measure of inclusiveness (an increase in which is assumed to be associated with inclusive growth) and show that this is one among a class of an infinite number of possible measures; b) identify two drawbacks associated with the class of measures of 'inclusive growth' mentioned in a) and come up with a measure of inclusive growth which is not associated with one of these drawbacks; and c) propound a measure of inclusiveness of growth which allows the researcher the room to partition an income ordered population into blocks so that he/she can concentrate on inter-block inequality in growth rates of per capita income and neglect intra-block inequality (note that the formulation of this measure allows the researcher to partition the population into blocks in any which way he/she wants to) in growth rates of individual incomes.
How to Achieve Inclusive Growth
Author: Valerie Cerra
Publisher: Oxford University Press
Published: 2022-01-22
Total Pages: 901
ISBN-13: 0192846930
DOWNLOAD EBOOKThis is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Rising inequality and widespread poverty, social unrest and polarization, gender and ethnic disparities, declining social mobility, economic fragility, unbalanced growth due to technology and globalization, and existential danger from climate change are urgent global concerns of our day. These issues are intertwined. They therefore require a holistic framework to examine their interplay and bring the various strands together. Leading academic economists have partnered with experts from several international institutions to explain the sources and scale of these challenges. They gather a wide array of empirical evidence and country experiences to lay out practical policy solutions and to devise a comprehensive and unified plan of action for combatting these economic and social disparities. This authoritative book is accessible to policy makers, students, and the general public interested in how to craft a brighter future by building a sustainable, green, and inclusive society in the years ahead.
Links Between Growth, Inequality, and Poverty: A Survey
Author: Ms. Valerie Cerra
Publisher: International Monetary Fund
Published: 2021-03-12
Total Pages: 54
ISBN-13: 1513572660
DOWNLOAD EBOOKIs there a tradeoff between raising growth and reducing inequality and poverty? This paper reviews the theoretical and empirical literature on the complex links between growth, inequality, and poverty, with causation going in both directions. The evidence suggests that growth can be effective in reducing poverty, but its impact on inequality is ambiguous and depends on the underlying sources of growth. The impact of poverty and inequality on growth is likewise ambiguous, as several channels mediate the relationship. But most plausible mechanisms suggest that poverty and inequality reduce growth, at least in the long run. Policies play a role in shaping these relationships and those designed to improve equality of opportunity can simultaneously improve inclusiveness and growth.
Gender Equality and Inclusive Growth
Author: Raquel Fernández
Publisher: International Monetary Fund
Published: 2021-03-04
Total Pages: 50
ISBN-13: 1513571168
DOWNLOAD EBOOKThis paper considers various dimensions and sources of gender inequality and presents policies and best practices to address these. With women accounting for fifty percent of the global population, inclusive growth can only be achieved if it promotes gender equality. Despite recent progress, gender gaps remain across all stages of life, including before birth, and negatively impact health, education, and economic outcomes for women. The roadmap to gender equality has to rely on legal framework reforms, policies to promote equal access, and efforts to tackle entrenched social norms. These need to be set in the context of arising new trends such as digitalization, climate change, as well as shocks such as pandemics.
