Measuring and Monitoring Inclusive Growth: Multiple Definitions, Open Questions, and Some Constructive Proposals

Date: June 2010
Type: Papers and Briefs
Subject:
Economics; Governance and public sector management; Poverty
Series: Sustainable Development Working Papers
ISSN: 2071-9450 (print)

Description

Inclusive growth has become a strategic pillar for guiding the activities of the Asian Development Bank in its operational strategy. At the same time, there exists no clear definition or indicator to monitor progress in inclusive growth at the country, project, or program level. This paper reviews existing definitions of inclusive growth and proposes an approach to defining and measuring inclusive growth as non-discriminatory and disadvantage-reducing growth. It proposes a monitoring approach at the country and project level and suggests that this might be a way forward to operationalize inclusive growth.

Contents

  • Introduction
  • Inclusive Growth: A Conceptual Discussion
  • Inclusive Growth and Strategy 2020
  • Research and Policy Research Documents
  • A Proposed Conceptual Framework for Defining and Measuring Inclusive Growth
  • Tracking Inclusive Growth
  • Proposed Indicators for Monitoring Inclusive Growth at the Country and Project/Program Levels
  • References