All on Board

Making Inclusive Growth Happen

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All on Board: Making Inclusive Growth Happen puts forth a new approach to economic growth that goes beyond traditional monetary indicators and includes dimensions that reflect people's well-being. It introduces an analytical framework to assess economic growth based on a measurement of multidimensional living standards. The report also presents win-win policies that can deliver stronger growth and greater inclusiveness in areas such as: macroeconomic policies, labour market policies, education and skills, infrastructure and public services and development and urban policies. It underscores the need to assess and weigh trade-offs and complementarities between and among policies, and the crucial role of good governance in implementing an Inclusive Growth agenda.

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The many dimensions of inequality and poverty

To what extent has inequality grown in the advanced economies over the last thirty years? How has the picture changed in emerging economies and developing countries? This chapter answers those questions by exploring trends in income inequality, and examining how individuals at different segments of the income distribution fare across a number of non-income measures related to well-being, including: education, health, employment, and exposure to environmental degradation. The picture that emerges is far from uniform, but there is a clear trend towards increased inequalities in OECD countries, as well as persistently high inequalities in emerging and developing countries, despite some improvements in many cases. The chapter goes on to consider the spatial distribution of both income and non-income outcomes, charting the geographic divides and concentrations of poverty that occur within countries, regions and cities.


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