Measuring and monitoring inclusive growth in developing and advanced economies: multiple definitions, open questions and some constructive proposals
Measuring and monitoring inclusive growth in developing and advanced economies: multiple definitions, open questions and some constructive proposals
Inclusive growth has been proposed as another approach to ensuring that economic growth promotes well-being for all. At the same time, the precise definition of inclusive growth, its relation to related concepts, such as pro-poor growth, social exclusion, or inequality, is not very clear. This chapter proposes a way to define inclusive growth, differentiate from related concepts, and propose particular indicators that can be used to monitor inclusive growth in developing and developed countries.
Keywords: Inclusive Growth, Social Investment, Social indicators, Welfare, Well-being, Measurement, Evaluation
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