Covid-19 is likely to cause much greater economic damage than any recent disease outbreak or economic crisis (Shretta, 2020). As of April 2020, the IMF is forecasting that the global economy is likely to contract by -3% in 2020 (IMF, 2020c, p. 1) and that ‘the cumulative loss to global GDP over 2020 and 2021 from the pandemic crisis could be around 9 trillion dollars’, making ...» more
Inclusive growth
Inclusive and Sustained Growth in Iraq
Iraq faces significant economic challenges, in particular stemming from its dependence on oil revenue and the country’s bloated public sector. Private sector growth is particularly constrained by the dominance of state-owned enterprises (SOEs), restrictive regulations, lack of access to finance, shortage of skilled labour and inadequate infrastructure. This review drew ...» more
Barriers to Women’s Economic Inclusion in Tanzania
The main barriers to women’s economic inclusion in Tanzania are: time poverty (because women have to spend so much time on household chores); lack of education; reproductive health pressures; lack of assets and access to financial services; in the case of agriculture - lack of access to male labour and inputs such as fertiliser; in the case of entrepreneurship – a difficult ...» more
Inclusive and Green Growth in Developing Countries
This rapid review explores the potential trade-offs involved in supporting Inclusive and Green Growth (IGG) in developing countries. The International Institute for Environment and development comments that to bring about real transformation towards IGG will require leadership, to generate societal demand, including by poor women and men, and to supply supportive governance ...» more
Jobs in Kenya: opportunities and challenges
This report examines job opportunities in Kenya and challenges to their expansion. Job opportunities are measured on three levels: quantity, quality and inclusiveness. All three outcomes matter for a country’s development; “just having jobs is not enough” (World Bank, 2017). For individuals, the quantity, quality and inclusiveness of jobs determine living standards, since jobs ...» more
Barriers to youth work opportunities
There is growing evidence that youth unemployment is becoming a bigger issue and challenge than adult unemployment (Manpower group, 2012). While young labour participants and adult participants can be affected by similar opportunities and barriers to work, youth may experience these barriers to a greater degree and may also face additional constraints. This report ...» more
State-business relations
State-business relations in low income countries are seen as a key determinant of inclusive growth and of structural transformation – shifts in economic structure to more productive activities and sectors. Effective state-business relations can boost economic growth by increasing the rate and the productivity of investment. State-business relations can take the form of ...» more
Economic development in fragile and conflict-affected states
This Topic Guide draws on lessons from programmes and case studies to explore which types of economic development interventions can be effective in FCAS and which factors have contributed to successes and failures. ...» more
The social impact of private sector development
The private sector can have a transformational impact on peoples’ lives as a creator of jobs and producer of goods and services that poor people use. Donor agencies are paying increasing attention to how private sector development can be leveraged to support poverty reduction and sustainable, equitable and inclusive economic growth. Making use of social development thinking is ...» more
Evidence for the added value of an inclusive societies approach
There is little direct evidence on the added value of an inclusive societies approach for increasing the effectiveness of poverty reduction efforts. The state of research in this area is predominantly theoretical and not empirical, although there is a clear normative consensus that poverty reduction and sustained economic growth is contingent upon the development of ...» more
Inclusive growth
Absolute poverty has fallen substantially over the last 30 years, with most of this reduction attributable to rapid economic growth in developing countries. Yet growth often does not meet the needs of the poor. Economic growth in the absence of measures to ensure the sustained equitable distribution of its benefits has frequently perpetuated the concentration of wealth in the ...» more
Effectiveness of demand-led technical assistance and cooperation on public sector reforms
Key findings: No cases demonstrate unambiguously that improved economic governance and inclusive growth has been the result of demand-led technical assistance. However, existing literature that evaluates technical assistance and public sector reforms in the Middle East and North Africa (MENA) region shows that public sector reform (PSR) can remove constraints on inclusive ...» more
IFIs, economic reform and inclusive growth in Egypt
In 2004 Egypt began to implement bold economic reforms, supported by its main donors and the International Finance Institutions (IFIs). The reforms, which included macroeconomic policies; financial sector reform; privatisation and structural reforms in trade, taxes and subsides, contributed to a rapid acceleration of growth, making it one of the Middle East and North Africa's ...» more
Mapping Research on Inclusive Growth
This query response provides a mapping of organisations undertaking work on inclusive growth, highlighting key research themes. Where possible the contact details of relevant researchers are also provided.A large range of issues can be seen to have a bearing on the achievement of inclusive growth. These include: human capital accumulation, enabling institutions, inclusive ...» more
Inclusive Growth
Various barriers and constraints to poor people’s participation in growth are identified in the literature. These include:GeographyLimited investment in human capitalPoor healthLimited assets and access to creditEconomic insecuritySome of the literature argues that facilitating access of the poor to growth is insufficient to obtain inclusive growth; attention must also be paid ...» more
