Inclusive Growth (IGx)

Source details

Title: Inclusive Growth (IGx)
Session No.: OL 24.168
Deadline passed
Location: Course conducted online
Date: May 1, 2024 - April 15, 2025 (50 weeks)
Delivery Method: Online Training
Primary Language: English
Provider: IMF's Institute for Capacity Development
Qualifications and access requirements:
- Expected qualifications: degree in economics or equivalent experience.
- Technical requirements: access to a computer with a reliable Internet connection and a Google Chrome web browser is essential.
Target audience:
- Mid-level to senior officials involved in economic and strategic planning;
- Officials monitoring and evaluating policy strategies for reducing poverty and inequality;
- Officials promoting job creation.

Objective: Broaden participants' understanding of the relationship between macroeconomic policies and reforms, competitiveness, and growth, with emphasis on translating growth into poverty reduction and broad-based improvements in living standards.
Analytical scope:
- Examine micro and macro policies to promote economic growth, employment growth and equitable income distribution.
- Interpret empirical links between growth, employment and income distribution through multiple theoretical lenses:
- Traditional approaches emphasizing capital accumulation and productivity growth via knowledge acquisition.
- Recent non-aggregative approaches emphasizing resource misallocation and imperfections in credit and government institutions.
Key topics covered:
- Employment-growth linkages.
- Impact of policies, institutions, and regulations on employment and growth.
- Strategies for fostering inclusive growth.
- Role of fiscal policy in supporting inclusive growth, including best practices for designing tax policies and expenditure programs to foster inclusion.
- Assessment of labor market inclusiveness, including gender perspectives and the effects of technological change on inclusion.
- Importance of good governance for inclusive growth, selection of governance quality indicators, and policies to improve governance.
- Key risks to sustainable and inclusive growth related to climate change and design of policy mixes for mitigation and adaptation.

Pedagogy and materials:
- Course will draw on theory, cross-country empirical studies, and case studies from several regions.
- Workshops provide hands-on opportunities to apply empirical and spreadsheet-based tools to analyze poverty and inequality measures, unemployment trends, and employment impacts of labor market policies.
- Workshops enable discussion and analysis of the impact of macro policies on equality, employment, and growth in participants' own country.
- Country case studies used in workshops/lectures will be adapted to the region where the course is being delivered to increase relevance.

Participants should be able to:

Define the concept of inclusive growth and its many dimensions, outline a framework to systematically analyze inclusive growth issues, and establish the links between growth and inclusion.
Measure the extent to which a country has achieved inclusive growth using a wide range of indicators.
Explain the role of fiscal policy in supporting inclusive growth and highlight best practices for designing tax policies and expenditure programs to foster inclusion.
Assess inclusiveness of the labor market, including from a gender perspective; describe how advances in technology may affect inclusion in the labor market; and examine labor market and gender-related policies and their implementation challenges and trade-offs.
Explain why good governance is important for inclusive growth, select key indicators to measure the quality of governance and summarize the policies to improve it.
Identify the key risks to sustainable and inclusive growth related to climate change; design the most appropriate policy mix to address climate change mitigation and adaptation.