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The Governance of Inclusive Growth

image of The Governance of Inclusive Growth

Public governance can make a broad-based contribution to sound, sustainable and inclusive growth. Aligning public governance tools and processes with the broader objectives of policy making for inclusive growth can help governments deal with the complexities that go hand-in-hand with reconciling growth and inclusiveness. These complexities include setting out a vision, ensuring that policies complement each other and that different parts of government work together towards common goals, and engaging stakeholders to improve effectiveness, delivery and inclusion. After describing the OECD approach to inclusive growth, the report discusses which public governance principles, tools and arrangements can be used, and when, to enable a whole-of-government shift towards inclusive growth.

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Executive summary

Slow growth, high unemployment and widening inequalities are at the heart of the policy debate in many parts of the world. Central to this debate is the ability of governments to achieve inclusive growth: that is, to put in place policies that deliver stronger economic growth together with a more even distribution of the benefits of increased prosperity among social groups. These benefits go beyond income to include outcomes across the different dimensions of societal well-being, such as jobs and health.

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