Reducing inequalities and strengthening social cohesion through inclusive growth: A roadmap for action
The authors propose a policy compact to achieve more inclusive growth in G20 countries so that economic growth regains the ultimate sense of improving all people's lives. Guiding principles are: 1) prosperity is not just about income but about all relevant outcomes of well-being and capabilities to overcome the initial social disadvantage; 2) it is also about including people in participatory decision-making to enhance their dignity and control over their lives; 3) excluding people from reaping the benefits of growth will thwart social cohesion and well-being; 4) integrated policy approaches are needed to achieve inclusive growth, across policy domains and between national and global actions, including responsible management of migratory movements. Concrete policy actions are described that span education, labor, fiscal instruments, public and private governance.
Year of publication: |
2018
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Authors: | Boarini, Romina ; Causa, Orsetta ; Fleurbaey, Marc ; Grimalda, Gianluca ; Woolard, Ingrid |
Publisher: |
Kiel : Kiel Institute for the World Economy (IfW) |
Subject: | inclusive growth | social cohesion | inequalities | well-being |
Saved in:
freely available
Series: | Economics Discussion Papers ; 2018-7 |
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Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Working Paper |
Language: | English |
Other identifiers: | 1011273128 [GVK] hdl:10419/173197 [Handle] RePEc:zbw:ifwedp:20187 [RePEc] |
Classification: | D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement ; O40 - Economic Growth and Aggregate Productivity. General ; E60 - Macroeconomic Policy Formation, Macroeconomic Aspects of Public Finance, Macroeconomic Policy, and General Outlook. General |
Source: |
Persistent link: https://www.econbiz.de/10011780474