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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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Pursuing inclusive growth: The Governance Underpinnings

This chapter explains the role that public governance can play not only in increasing economic growth but also in sharing the benefits among different groups of society, including the neediest. Such Inclusive Growth has a multidimensional nature: it requires that all policy-making tools and processes support and reinforce each other. To achieve Inclusive Growth, governments must address integration, societal needs and inequalities. New approaches are necessary to ensure sustainable policy making; the authors of this chapter present, in particular, an integrated governance approach. They conclude by presenting drivers of reform that align with incentives for the political economy and government priorities.

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