How to order
IMF Publications

Working Papers in full text
2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 All


Other research-related activities and publications of the IMF can be found at IMF Research

Free Email Notification

Receive emails when we post new items of interest to you.

Subscribe or Modify your profile



The Elusive Quest for Inclusive Growth: Growth, Poverty, and Inequality in Asia

Author/Editor: Ravi Balakrishnan | Chad Steinberg | Murtaza H. Syed
Authorized for Distribution: June 26, 2013
Electronic Access: Free Full Text (PDF file size is 1,301KB)
Use the free Adobe Acrobat Reader to view this PDF file.
 
Disclaimer: This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate.

Summary: This paper assesses how pro-poor and inclusive Asia’s recent growth has been, and what factors have been driving these outcomes. It finds that while poverty has fallen across the region over the last two decades, inequality has increased, dampening the impact of growth on poverty reduction. As a result, relative to other emerging and developing regions and to Asia’s own past, the recent period of growth has been both less inclusive and less pro-poor. Our analysis suggests a number of policies that could help redress these trends and broaden the benefits of growth in Asia. These include fiscal policies to increase spending on health, education, and social safetynets; labor market reforms to boost the labor share of total income; and reforms to make financial systems more inclusive.
 
Order a print copy
Series: Working Paper No. 13/152
Subject(s): Economic growth | Asia | Fiscal policy | Government expenditures | Social safety nets | Labor market reforms | China
 
English  
    Published:   June 26, 2013        
    ISBN/ISSN:   9781475531169/2227-8885   Format:   Paper
    Stock No:   WPIEA2013152   Pages:   36
    Price:   US$18.00
       
     
Please address any questions about this title to publications@imf.org.