Inclusive Growth Revisited : Measurement and Determinants

The call for inclusive growth has been unanimously broadcasted by policy makers across the world. The Arab spring, the growing divide between Main Street and Wall Street in advanced economies, and the three-speed world economy have placed inclusive...

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Bibliographic Details
Main Authors: Anand, Rahul, Mishra, Saurabh, Peiris, Shanaka J.
Language:English
en_US
Published: World Bank, Washington, DC 2015
Subjects:
GDP
Online Access:http://documents.worldbank.org/curated/en/2013/07/17997480/inclusive-growth-revisited-measurement-determinants
http://hdl.handle.net/10986/22618
Description
Summary:The call for inclusive growth has been unanimously broadcasted by policy makers across the world. The Arab spring, the growing divide between Main Street and Wall Street in advanced economies, and the three-speed world economy have placed inclusive growth at the forefront of policy debates. However, efforts to measure and assess the determinants of inclusive growth have remained limited. What is inclusive growth? How can the micro and macro dimensions of inequality and growth be integrated to reflect both the pace and distribution of economic growth? What has driven inclusive growth in emerging markets?