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How to Achieve Inclusive Growth

Editat de Valerie Cerra, Barry Eichengreen, Asmaa El-Ganainy, Martin Schindler
en Limba Engleză Hardback – 23 dec 2021
This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations.Rising inequality and widespread poverty, social unrest and polarization, gender and ethnic disparities, declining social mobility, economic fragility, unbalanced growth due to technology and globalization, and existential danger from climate change are urgent global concerns of our day. These issues are intertwined. They therefore require a holistic framework to examine their interplay and bring the various strands together. Leading academic economists have partnered with experts from several international institutions to explain the sources and scale of these challenges. They gather a wide array of empirical evidence and country experiences to lay out practical policy solutions and to devise a comprehensive and unified plan of action for combatting these economic and social disparities. This authoritative book is accessible to policy makers, students, and the general public interested in how to craft a brighter future by building a sustainable, green, and inclusive society in the years ahead.
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Specificații

ISBN-13: 9780192846938
ISBN-10: 0192846930
Pagini: 900
Dimensiuni: 163 x 240 x 48 mm
Greutate: 1.44 kg
Editura: OUP OXFORD
Colecția OUP Oxford
Locul publicării:Oxford, United Kingdom

Recenzii

THE go-to book to translate the goal of inclusive growth into specific policy actions. Impressive array of authors, and a long list of practical ideas.
Inclusive, broadly-shared, growth has been an aspiration for many policymakers and commentators, but also turned out to be rather elusive in the age of globalization, automation, and mega corporations. This collection of essays by leading academics and practitioners explains why and provides guidelines for how we can tackle labor market, technology, financial market, and international challenges to make growth more inclusive. Anybody who wants to tackle the problem of inequality and poverty today will find this collection to be an invaluable guide.
Rising inequality is widely lamented, but lucid plans for addressing it are scarce. This volume offers an intellectual framework and policy agenda for achieving inclusive growth--and a ton of rigorous research and concrete examples, crafted by the leading scholars of our day, demonstrating the viability of that agenda. Policymakers and practitioners worldwide will find tremendous value in these pages.
Global trade, growth and technological progress have lifted billions of people out poverty over the past several decades. However, especially over the past two decades, growth has not always been a force for economic convergence, both within countries, and even more so across countries where by far the biggest gaps lie. How to Achieve Inclusive Growth brings together an impressive body of academic research both on best practices and on unsolved challenges. The book takes an admirably global perspective on a problem where altogether too many studies view inequality as mainly a national issue, as if other citizens of the world did not matter. There are no easy answers, but as this book demonstrates, the starting point has to be in asking the right questions.
This edited volume by the IMF and academic experts provides a foundation to define and achieve inclusive growth, that is growth widely shared and sustainable. A clear marker that the IMF thinks deeply beyond narrow economic growth and a reference for a better future.
As the world faces multiple crises, this volume is a timely necessity for scholars and policymakers. We can only hope that they will heed its lessons. Climate change, COVID-19, technological change, financial instability, and globalization (among other disruptive developments) have all raised the need for multilateral governmental action on global public goods. At the same time, failures of policy response have sapped the domestic political cohesion that allows countries to work together. With an all-star cast of authors and a breathtaking scope across policy areas, this book outlines a path to the inclusive growth that is a prerequisite for solving the century's existential challenges.
Rising inequality is the defining challenge of our time. This volume brings together renowned experts to present a wide range of potential remedies, reconciling growth with a more sustainable distribution of economic resources.

Notă biografică

Valerie Cerra is Assistant Director and Division Chief of the Inclusive Growth and Structural Policies Division in the International Monetary Fund's Institute for Capacity Development. She has been involved in policy advice, lending, and capacity development in the IMF's Western Hemisphere, African, European, and Asia and Pacific departments, and the IMF Institute. She obtained undergraduate degrees in finance and engineering from the University of Pennsylvania, and a Ph.D. in Economics from the University of Washington. She has published widely in leading economics journals on topics related to international macroeconomics, financial crises, economic scarring, and inclusive growth.Barry Eichengreen is George C. Pardee & Helen N. Pardee Professor of Economics and Political Science, University of California, Berkeley; Research Associate of the National Bureau of Economic Research; and Research Fellow of the Centre for Economic Policy Research.Asmaa El-Ganainy is a Deputy Division Chief at the IMF's Institute for Capacity Development. Previously, she worked in the European and Fiscal Affairs Departments, contributing to IMF's surveillance, lending, research and capacity development work across a range of countries. Her research interests are in the fields of public finance, sovereign debt, inequality, labor economics, and capital flows.Martin Schindler is a Deputy Division Chief at the IMF. He has contributed to the IMF's surveillance, lending, and analytical work, covering low-income, emerging and advanced economies on four continents, as well as to capacity development, including as deputy director of the Joint Vienna Institute. He is the lead editor of the IMF book on Jobs and Growth: Supporting the European Recovery and has published in leading economic journals, including the Journal of Monetary Economics, the Journal of International Economics, and the European Economic Review, among others. He holds a Ph.D. in economics from the University of Pennsylvania.