Why Emerging Economies Need Social Policy: the Cases of China and India
What is Inclusive Growth?
IPC-IG’s work on inclusive growth starts from the premise that societies based on equality tend to perform better in development. For instance, countries with more equal income distribution are likely to achieve higher rates of poverty reduction than very unequal countries.
Inclusive growth is both an outcome and a process. On the one hand, it ensures that everyone can participate in the growth process, both in terms of decision-making for organising the growth progression as well as in participating in the growth itself. On the other hand, it makes sure that everyone shares equitably the benefits of growth. Inclusive growth implies participation and benefit-sharing. Participation without benefit sharing will make growth unjust and sharing benefits without participation will make it a welfare outcome.
Follow here our perspectives on achieving Inclusive Growth. Click on the topics below for additional resources: